COMP/USDT on dailywe can see patterns and 5 waves but everything up to BTCUSDT and trigger that I showed on the chart
we have just watch and see the action
COMPUSDT trade ideas
Start of major Wave 3COMP has reached the 100% extension of the C wave as shown on the chart. I use Trend Based Fib. Extension tool to predict potential reversal areas.
As you can see we had a complex major ABC correction that lasted almost 10 months.
I am expecting a major wave 3 that could bring us to well above 1000usd. For this theory to have higher probability of happening, we need to break the 200usd soon. At that point I will become even more bullish.
My target for this trade will be 370usd and I will reassess at that point.
Follow for more updates.
COMPUSDT - SETUPCOMPUSDT price consolidates and bounced from a good support zone and now bulls are showing their excitement by pushing the price aggressively. So keep an eye, Bull's next stop will be fib level 0.38 (220.0) if they continue their momentum.
I'll invalidate the previous analysis.I'll invalidate the previous analysis.
I admit it has reached the bottom.
I think the bottom has been created.
Elliott Wave is fine, too.
Good luck.
#COMP LONG X 3Breakout entry high risk but great return the leverage chosen was x 3 in this case the best risk and return found!
Compound (COMP) Buy ZoneCompound (COMP) Buy Zone
--------------------
BIAS
Mid-Term : Neutral
Long-Term : Neutral
Risk : Medium
With around 50% correction from mid term high, Compound is getting ready for a bounce in a couple of weeks.
--------------------
$COMP/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 112.5 - 125
TP 1 : 129.5
TP 2 : 134.5
TP 3 : 145.5
TP 4 : 154
TP 5 : 162.5
TP 6 : 172.5
TP 7 : 183
TP 8 : 199
Stop Loss : 97.5
*Maximum 2% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Where Will The Breakdown Of COMP Coin Price Ends?The week after week trend of the Compound is hinting towards a consolidated price and can soon see a new high .On coming to the day by day outline, the asset has broken down below the major parallel zone. Assuming the coin value falls then a bounceback near the level of $200 could be seen. The stockpile zone of the coin cost breakdown is hinting towards a downtrend. COMP/BTC pair may also move to a strong zone in the future.
COMPUSDT-SHORTTERMCOMP USDT PERP
SHORT-TERM
15 M
EN:118.02
LOW-RISK TP:
Target 1: 117.66
Target 2: 116.85
HIGH-RISK TP
Target 3: 115.70
Target 4: 114.58
HIGHER-RISK TP:
Target 5: 109.27
Target 6: 98.35
Stop-loss: 123.33
Leverage: 3x cross
Deposit: 8-12%
Compound (COMP) formed huge Gartley for upto 850% big rallyHi dear friends, hope you are well and welcome to the new trade setup of Compound (COMP) token.
During the current drop, on a mothly time frame, COMP has formed a huge bullish Gartley move.
COMP broke down ascending support #COMP/USDT
$COMP dropped to 1.618 fib level of BC swing up, as mentioned in previous weekly analysis.
there is a descending resistance line that if price success to break it out, it can pullback to ascending broken line and possible to drop more to 2 fib level of BC then increase to resistance zone between $300 and $400.
Be a MILLIONAIRE with Crypto!Life time chance to be a MILLIONAIRE with little investment
Do you miss BITCOIN in 2010? ETHERIUM in 2020? Don't worry!!! Here it comes again.
Many of alt coins DOWN! Take your opportunities! COMP is only one EXAMPLE!
A T T E N T I O N ! Attention please for these coins;
EGLD
DYDX
AAVE
FIL
GALA
HNT
ICP
KSM
OCEAN
NWC
QTUM
SNX
SUSHI
THETA
YFII
ZIL
I'm not a finance adviser or mentor, I show you what I brought and hopes hold for 2-3 years!
Today is 2022 January 24. Most of alt coin markets show bottom of bearish trend and I HOPES END OF ''2022 MARCH'' Every markets takes next bull run!
Lets see one of example:
Compound (COMP)
* After 2020 December 02 price comes again to 122.3USDT
* After 2021 May 12 (Until NOW) its BEARISH market
- Days 252
- Market down percentage (86.24%)
* Best for long time holders!
Decent odds that there will be an upswing hereLooks bottomed out, and in process of rather aggressive accumulation. Former support is full 30% up, looks like a good target for a swing trade. Patience will pay, better join the swing up late than wait through another dip.
TRADE PLAN FOR COMP FOR PROFITSHello traders, a look at comp and its opportunity for profits .. we follow the chart and you can see how the market dipped to a strong level which i beleive is a good entry . trade plan goes a long way and in the next few months you will see the profits. patience is akey to planning and good results.
Tradehubng
COMP above middle line of parallel channel$COMP touched the middle line of descending parallel channel that is the same as long term support.
holding the middle line will increase price to break out from channel. for starting a new rally price has to break out from last yellow trend line maybe around $300.
if price break down from middle line it will drop to $80 and below that I think better to say goodbye to this coin.
COMPUSDTHello. The $250 is expected to fall to $126 and $80, respectively, due to the downtrend and the break of support.
Now or Never, to 0 or Best OpportunityCompound is going to test the all time low. ***If it holds***, this will be the greatest chance for COMP to enter LONG. Please wait for confirmation!
COMPUsdtThis analysis has been compiled at the request of a friend
The market for bitcoin is currently declining, but it is likely that it will be able to maintain its strength and return quickly.
In this case, the comp has the ability of a strong pump, but several stabilization spark plugs must be created
The safest entry point is to break the green trend line
In case of further falls, you can enter the specified support points
But in the normal course of the market, the blue dots and the entry points are marked
And can move upwards with the power after that
If you have this coin, it is better to keep it.
The market is a bit uncertain at the moment and the low volume of transactions in Bitcoin has destabilized the market and the possibility of sharp ups and downs is high.
Keep it and make a loss from the damage you got out of
Good luck
But for long-term and medium-term maintenance, you can make a good profit, especially with the development of DeFi and Web 3.0 projects in the coming year.
GL
EntryPoint:
155.1
149.9
Supports:
130.3
114.5
106.3
80.6
Resistances:
196.2
205.7
Targets:
246.6
297.5
363.8
444.9
592.9
853.8
for mid time and HODL:
1357.6
1730.6
GOAL:
2450.2
GL guys
COMP - when is the best time to buy ?COMP is moving in a downtrend but there is a volume at the bottom. This is a good signal. A trend line and a key level can be identified on the chart.
Whether the price will immediately break through the trend line or collect liquidity below the key level is unknown. But in both cases, a break of the trend line could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
I’ll go short on #Compusdt hereJust if you are into futures trading and know money management, involve on.
Good buying opportunity for CompoundThese are weekly candles. Compound has retraced 80% since its $911 ATH in may 2021, which is a massive discount. Since then it has been forming a massive falling wedge and has become massively oversold on the weekly timeframe. I think now is a good time to buy and personally I'm not going to use a stop-loss, as even if it falls way lower, we would most likely see current prices again, unless for some reason the asset becomes completely worthless for some fundamental reason. You could use a 30% stop-loss and you would still be getting an insanely good R:R ratio. Note that as its a weekly chart, it can take months for it to become profitable.
