compound rejects off weekly trendlinewe couldnt break the weekly trendline so looks like a 15% retest from this point where it seem safe to enter a short with sl below last hourly candle
COMPUSDT trade ideas
comp flying againafter a day break 7-star buy signal again received in comp and hope we can gain some profit
Will update if I get any immediate sell signal
Target 1: 58
Target 2 : Moon
COMP : is this next BIG SHORT ?Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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#comp short RR 4ok, after restating the scenario, closing longs in profit and canceling some long entries.
We don't see many selloffs above our intraday high in this currency but below and quite a bit.
We also see that you need a breakdown to close your structure.
Don't forget to always check the updates below this chart, cheers!
Comp Breaking Out Of The Wedge Seems Like Getting Ready For Solid Recovery Formed & breaking Falling Wedge In 3 days tf Incase Of Successful Breakout Expecting 280 to 300% Bullish Wave In Midterm
COMP SHORT in 1H TFAfter large upside move COMP needs to cool off, so I think SHORT in 1H TF looks promising!
Bullish Gain Amidst Bearish Signals - A Delicate BalanceCOMP is currently priced at $40, and it experienced a significant gain today. This suggests strong buying pressure and positive market sentiment surrounding the coin.
In terms of technical indicators, the RSI is at 73, indicating an overbought condition. This suggests that the price may be due for a correction or consolidation in the near term.
The EMA 50 stands at 33, while the EMA 100 is at 36. Both EMAs indicate a bearish sentiment in both the short and long term, as the current price is below both moving averages.
The MACD is -0.18, suggesting potential downward pressure or a bearish trend.
Considering the Fibonacci retracement levels, we have the following insights:
0 Fibonacci (23): This level represents a potential support level.
0.5 Fibonacci (30): This level also indicates a support level.
1 Fibonacci (37): This level suggests another potential support level.
1.618 Fibonacci (45): This level could act as a resistance level.
The recent gain in price suggests a bullish sentiment, but it's important to consider the overbought RSI and the bearish indications from the EMAs and MACD. These factors imply potential downward pressure and a bearish bias for COMP.
COMPUSDT Bullish ContinuationScript shows bullish continuation and retesting the previous support level. There is no divergence and high probability of hitting both TP's. Will it hit TP's?
Gartley Compliation at Shifter LevelOKX:COMPUSDT.P
There is a Bearish Cypher Pattern which completes at shifter level.
Shifter level is the level that SEC - Binance war started.
We can try a short setup with a solid risk-reward ratio but as always we need a last trigger which is bearish price action signal.
Good Luck Everyone.
May the force be with you!
COMPUSDTI put my last chart about COMP in down this chart.
It must touch green line for a great rise.
COMP ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the COMP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COMPUSDT: 20% or 50% ?Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
-------------------------------------------------------------------------------------------------------------------
Piyasa Güncellemesi COMP AnalizPiyasa Güncellemesi COMP Analiz 10.06.2023 Gece Operasyonu sonrası Alım denemeleri - Dip yakalama çalışması
COMP Possible Breakout!BINANCE:COMPUSDT lurking around SR flip level.
Plan A: Once price breaks out, Possible Long via Retest or pullback with potential upside targets 41, 47 and 57
Plan B: Short to possibly 31.00 zone
Remember CRYPTOCAP:BTC will drag BINANCE:COMPUSDT in it's direction so watch out for the possible Head and Shoulders on CRYPTOCAP:BTC that hasn't accelerated away yet proving Plan A / Plan B ideas. You can review my thoughts on this CRYPTOCAP:BTC Head and Shoulders here: tinyurl.com
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
COMP getting support and aiming 52!1D time frame
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COMP just got support from uptrend.
This is a good buying opportunity.
Do not miss it!
Target: 52~54
SL: 29.6
Comp Getting ready For 25% bullish Wave Breaking falling Wedge In h4 timeframe incase of breakout expecting 22 to 25% Bullish wave
Comp/usdt 4h time frame #COMP in 4H TF move up to reach the ceiling of the bearish channel,breakout..👀
COMP S&R in Short time frame>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
In case of market support's COMP shown good potential's to do short term rising price.
Must important levels in short term marked on the chart.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>
Bulls Defend Critical Support: #COMPUSDT Shows Signs of Uptrend🐂 #COMPUSDT bulls fiercely defending the $38 area, where the 78.6% Fibonacci support was twice rejected. The recent price action reveals a clean rebound off the uptrend trendline and the critical VolumeProfile demand zone.
If this massive support continues to hold and #COMPUSDT can produce a new higher high, it is highly likely that we will see a continuation of the bullish trend. The next resistance level to watch is at the $50 mark.
COMP: ENTERING NEW S VOLUMEtechnical analysis shows an exciting view for COMP where it enters a new Smart volume.
We will follow COMP coming time to see if it can get a new confirmation for a breakout.
At the same time, COMP is also one of the cycle coins that have DCA increasing.
COMP : IS BACK FOR 2023 (CYCLE)COMP did play an important time before the breakdown trend, and it seems that's back for the 2023 trend.
It's interesting to follow and to see where COMP can increase.
This seems new cycle what could bring Comp to higher target, and our first expecting target is $64
