COMP looks like its finishing its correction hereCOMP looks like finishing wave C. i would not be surprised to see a massive wave 3 upwards here, should BTC hold its ground in the coming days
COMPUSDT trade ideas
comp usdt dILY Updateblue narrow channel resistance could make the price return into the channel. this point is a good setup for short position.sl is the high price of today . i think of sharp drop in price in next days in this asset. by the way target is already 320 and any drop in price could be a good situation for entering the market.if price breaks trough the blue channel trend it will rise fast to touch the cross of target and black channel (white arrow)
TRADE PLAN FOR COMP FOR PROFITShello guys, hope we all lock profits and always follow your trade plan, another opportunity to buy comp and am seeing lots of potentials on this coin and seeing it as crypto bank in the future and the it has currently . its cheaper to buy comp for good profits.
Targets and buy zones are indicated in the chart.
Tradehubng.
volume cyclecomp bottom to bottom volume cycles looks like around 6.8m
This downtrend is about to end if the volume cycle works one more time
#COMPUSDTend of wave C.
end of wave 2 in Big scale.
using fibonacci ratios and andrewspitfork to determine the end of correction.
More likely scenario The complete impulse wave has done at $911. Because of golden ration at the 4th wave.
Next, the correction wave has been happening within wave A and wave B that has done. And wave C is progressing.
My angle, I realized the wave C has been progressing three waves turn down to $175 and the 4th wave next, maybe go up to $270.
In the correction wave, we have the golden ratio with wave B = 0.618 Fib wave A.
So more likely, this is a zigzag wave. Wave C = 1.382 wave A because the 3rd wave of wave C passed wave A.
At $175, we have a Fib Clusters of the impulse wave C and the correction wave ABC.
Time will tell!
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buy & hold COMPOur opinion is to buy COMP and sell it after saving 20% profit.
Stop Loss is your best friend.
COMPUSDT - Short signal by Stochastic & Supertrend- H4 timeframe: Supertrend indicator > Short.
- H1 timeframe: HH-HL-LL-LH and Stochatic indicators.
... Lower Low - Lower High > Short.
>>> Open trades when K & D crossunder at the Overbought zone (80).
comp analysisWhat if, What if not
COMP ANALYSIS
Comp gets kicks back from 294$ .It was the good support zone . Now it holding 167$ zone ,for me it is good time to buy and hold because Comp hits 900$ .
For my point of view Comp again go for 500$.
Short targets
1 221$
2 267$
#DYOR
#Supposing bear trend not started
square the time with trendlinemade the blue trendline from top to bottom 66degree and 41 bars.
90-66=24 degrees is the new trendline on the bottom with again 41 bars
66/24=2,75 degree
41bars*2,75degree=112,75
lets see what happens in 112,75 bars later
COMPUSDT - SHORTThere is a short position in COMPUSDT COMP
COMPUSDT COMP
🔴Short Now or set on Key Level 186.5
🟢Target 1 171.1
🟢Target 2 164.5
❌Stop loss 191.2
#K_Level
COMPUSDT,dailyHI EVERYONE.
if the compand will break the resisance line 196-210 , itcan go up to 250.
COMP, how long will this correction continue?COMP has been in a downtrend for a long time. From its high, the price has corrected by 80%, which is quite a strong drop, and it is already possible to look for an entry point. Looking at the medium or long term, now could be a very good buying opportunity.
If you look locally, the trend line has formed on the chart and the price is trying to break it. If the trend line is broken, it 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.
COMPUSDT - LONGThere is a long position in COMPUSDT
COMPUSDT
🔵Long Now or set on Key Level 194.0
🟢Target 1 215.5
🟢Target 2 238.0
❌Stop loss 189.0
#K_Level
Long (COMP/USDT)In 4hr timeframe we see a forming decending wedge. Possible the price will go up. DYOR.
COMP - when is the best time to buy ?Globally, COMP is sandwiched between the trend line and the liquidity zone. We should now expect good entry points into the market. In case of a false breakdown of a strong liquidity zone or a breakdown of the trend line, there 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.
COMPCOMP has been accumulating for some time and I have no doubts about the following two targets on the chart.
Below 350 is a perfect entry for the current situation.
I have no idea what the pattern would look like but one example is on the chart.
There are dozens of possibilities (bull flag, eve-adam, cup-handle, bullish pennant..etc) but the result won't change in my opinion.
Enjoy the pump!
COMPTF: 1 hr
Might see some upside here from the lower support to the upper resistance area. If price breaks above $228, then price may visit around $245-$250. If price fails at this current level, then around $175-$180 may be seen.
