COMPUSDT trade ideas
COMP big bullish move incoming?COMP has been consolidating above a previous support level for close to a month now and has started to form the first halve of what could be a parabolic curve bouncing off the trend line. The parabolic sar indicator has turned bullish on the daily timeframe for a couple of days now and there is a slight bullish divergence on the RSI daily. Even though support looks steady BTC can spoil the party so I would look at entering a long on spot or with low lev only. First target around 520 easy.
🆓Compound (COMP) Oct-18 #COMP $COMP📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 280$ zone
🔴Buy : 300 - 280
🔴Sell : 380 - 460
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 280$ zone
🔵Sell : 280
🔵Buy : 240
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of 1-day candlestick is Above the zone
🅱️B : The Close price of 1-day candlestick is Below the zone
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.
🌐 Tradingview
🏁 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