Get started
CompoundCompoundCompound
#122#122#122

Compound

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

COMPUSD trade ideas

Compound (COMP) - Bullish divergenceOn the above 2-day price action has corrected over 90% since mid May 2021. Now is an excellent time to be bullish. Why? 1) A ‘incredible buy’ signal prints. 2) Regaular bullish divergence. Lots of it. Multiple oscillators are currently printing bullish divergence. 3) A dragonfly DOJI candle prints. 4) RSI resistance breakout. 5) On the 10-day chart (below) price action prints an impressive Dragonfly DOJI candle. This is rocket fuel for price action. Is it possible price action falls further? For sure. Is it probable? No. 1st target: $500 Good luck! Ww 10-day chart
KRAKEN:COMPUSDLong
by without_worries
6
what a deal DeFi is if you pick the rite spreadDeFi is the last liquidity hold out as the water recedes the defi pools or puddles remain. it makes you wonder where this market would be without the decentralized Liquidity Lakes _shinning becons of money added by you and me in = trading pairs to form people powered DEX's like UNIswap or the bast@rd cuz SUSHIswap dont forget synthetics or extra deep liquidity like SNX or deep market cap gem LINA and now we have cheep swap n mint NFTs_ little guy empowering "layer 2 dex's like LoopRing LRC ZKS and Uniswap's Version 3 or V3 with optimisim.io leading the tech behind the scenes. If i had to pick 5 to 10 ALTS not counting realavant blockchains snagging liquidity and brainpower (programmers) _(( ETH BSC ADA DOT ALGO NEAR FANTOM SOL MATIC AVAX even centralized exchanges/DEX's CRO CHSB VGX FTX token etc) think utility coolness fun or swapping then money on and off and just as, if not more importantly_ money etc moving cross chain YFI CRV COMP AAVE LEND MKR SAND ENJ MANA SUSHI UNI SNX l2_dex's COSMOS ZKS UNI LRC always miss projects and new ones out everyday...
COINBASE:COMPUSDLong
by HustleGrindMomentum
$COMP Bearish Shark ReturnCOMP still has some work to do here but its starting to diverge on both the RSI and the MACD. Bullishly engulfing here as well with a possible partial decline. This is the 3D but i do like this time frame for reducing a little bit of the noise from the daily, and a little faster than the weekly. You really want to see COMP back above 180, which would open the door to about 100% upside to the next major resistance. The 1.13 rejection on AC could imply we are going to see an .886 return to complete the Bearish shark here, but even a reasonable retrace to the 50% is about 3X from here. COMPs also been added to Robinhood and its safe to say that will lead to a lot more volume and eventually some significantly higher prices.
COINBASE:COMPUSDLong
by TradingNomadic
1
COMPUSD forming a long-term market bottomCompound (COMPUSD) has been trading within a Falling Wedge since the May 12 2021 High. Since February however, it has been trading within a Channel Up, which is the market attempt to form a bottom. In order for this to be confirmed as a bottom though, the price needs to break above the 1D MA200 (orange trend-line). If it does, it will be the first time to do so since September 07 2021. In the meantime, the 1D MA50 has been supporting since March 27. Another bullish structure pointing to a break-out is the fact that the 1D RSI has been on Higher Lows since January 22. A safe trade would be to buy once the 1D MA200 breaks. The higher Fibonacci levels can be used as rough targets: 0.618 at 380.00 and 0.786 at 535.00 -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:COMPUSDLong
by TradingShot
Similar to Dogecoin, CompUSD looks ready to break!Traders, This one looks similar to my DogeCoin post a few days ago (see link to related ideas below): Inverse H&S pattern - looks to be playing out Clear target at area of confluence Similar pattern as many other altcoins ...tackling a major MA So, here's the way I'd play this (also, similar to the recent dogecoin post): #1 - Zoom in to the 4 hr chart. #2 - Now, pending your risk tolerance here's how I would play this: ------ Balls of Steel Risk Tolerance - wait for confirmation above the 50 day MA. Once I see a candle close above the 50 day, that's my sign. I enter. ------ "Meh" Risk Tolerance - wait for confirmation above the neckline at $125. Once I see a candle close above that neckline, I'm golden. ------ "I'm so scared" Risk Tolerance - for you chickens that wouldn't cross a sidewalk crack without looking both ways - wait for both closing candle above $125 and another candle to open and close above $125 on the 4 hr, then enter if you dare. Targets: You first target shall be $152. If you still have your grips on that diamond, then go $170. Best to you all! Beer money appreciated. -Stew
COINBASE:COMPUSDLong
by stewdamus
6