COMPUSDT trade ideas
COMPUSDT Technical Analysis⏳ Spot
💎 COMPUSDT has formed a Wedge pattern and a descending channel. After breaking above the descending channel it has gone for the retest. The price has got rejected from this zone. I am expecting that the price starts to go higher from this level.
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🏁 Short Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at Market or at 310.0
☕️ TP1 330.0
🍺 TP2 345.0
🍻 TP3 420.0
🍾 TP4 _____
🍷 TP5 _____
🍸 TP6 _____
🍹 TP7 _____
🎁 TP8 _____
🚫 SL 290.0
Good Luck 🎲
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Compound your Gains Here!Compound high volume note below, we have tested and retesting now. Outstanding R/R here. Kill the trade if we make a low below the last swing low, right around 286 area. This should hold right here IMO. Target is around 730$ area which is a 1.618 fib ext of the last swing up..GL
COMP/USDTCOMPOUND trend in falling wedge where make a bottom at 279$ and then test it three times ..so my conclusion is "that is a solid bottom :)" then broke falling wedge pattern make support on golden pocket 315$ ..now need to flip resistance to support at 338$. where make a potencial W pattern/bullish ..potencial long price is on the chart..cheers
COMPOUND- COMPAfter hacking fud on compound, price went lower. I believe that the price is so cheap for the biggest lending project in cryptocurrencies. There is a shape of falling wedge or falling channel(whatever you call that) in the chart and it waits to be broken soon. It needs to stay above $363.
Dont sleep on it ;)
Hack haberlerinden sonra fiyat oldukça aşağı geldi, bana kalırsa güzel fiyatlanacaktır, grafikte kırılım gelmiş gibi gözüküyor $363 seviyesi hareketin devamı için geçilmesi gereken seviye.
COMP - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
COMP is overall bullish and now approaching the blue trendline from Daily acting as a non-horizontal support, so we will be looking for buy setups.
on H4: COMP formed a wedge pattern in red but it is not ready to go yet.
Before we buy, we want the bulls to take control.
Trigger => Waiting for a momentum candle close above the last swing high to buy (gray area)
Meanwhile, until the buy is activated, COMP would be overall bearish can still trade lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
COMP Long. +73%COMP has been in a parallel channel since the beginning of February, with the exception of the break-out to ATH between April and May.
Some really positive signs:
1. Price currently hovering at strong support / bottom of parallel channel.
2. Approx. 3-week accumulation phase coming to an end
3. Descending wedge break-out
4. Previous bounces off the same support have generally seen quick price increases
5. Bullish divergence on the daily
5. Bullish overall crypto market
Open: 311.8 - 292.7
TP1: 339.4
TP2: 373
TP3: 405.9
TP4: 460.6
TP5: 539.7
SL: 260.3
Approx. +73% gain. GL.
DYOR.