COMPUST trade ideas
COMPUSDT | BUY ON BREAKOUTCOMPUSDT has been in a downtrend after making a top around 71 and trading under the falling resistance. Now the price has approached to falling resistance.
We are expecting a breakout above the falling resistance. One can take buy position after breakout and price sustained above it.
The bulls need to break above the falling resistance. While bears will be active below the falling resistance.
Trade your levels accordingly.
$COMP $COMPUSDT Large Inverse Fibonacci + Wedge-breakout coming?Like with most charts, I like to zoom all the way out to the monthly to see the larger picture at play. Here, it looks to be like there is a large inverse fibonacci retracement happening, in which the price has already hit the 227 extension. Combined with this, it looks as if the price has fallen within this large wedge, of which the month of July broke out of. Also, the price is squarely resting on the all time point of control. Lastly, the stoch rsi on the month is extremely flat and crossed. It looks to me as if the price is due for a move up! I do see a tiny fibonacci on the smaller time frames (an inverse one), that could result in the price dropping further from here. It just would seem unlikely to me though, given everything else I've mentioned that the chart has going in favor of a bullish scenario. That said, BTC to me looks as if it's got a bit of dropping left, and that could possibly affect the price trying to squeeze out any last bit of dropping possible.
COMP is trying to breakout Rising wedge pattern Hello guys ,Today i saw an interesting wedge pattern on Compound and i thought it will be a good setup.
open your position after breakout.(wait,don't open your position fast !)
first target is between 43.00 and 47.00.(it's safe to close your position)
but if it's going to break the first Support Area , you can close your order between 26.00 and 29.00.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
COMPUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for COMPUSDT
In this chat, we have R1 as our long-term resistance line which expresses the disability of the price in order to rise. And S1, S2, and S3 are the support areas that contain the support of the price at several points. At the moment, we have the price fluctuating over S1 and after a decline to this line, two scenarios are expected for it. Either the price will give us some confirmation candles and start its rising trend to R1. Or it happens that the price loses the support and face a decline to S2. Perhaps the price is able to rise again by reaching S2, when we observe some returning signs in it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
COMPUSDT | IMPORTANT ZONECOMPUSDT has been trading near the important zone. The price has multiple time rejection from same zone. Now the price is consolidating near the zone. After a break above resistance zone, bulls will get control. So a buy position can be taken after break above of range.
Trade your levels accordingly.
COMP USDT, EXPECTING SOME LOW LEVEL!Hi folks, Good Monday, I hope you're all safe from Sunday Price Action!
As you know i have been calling about ETH correction in my previous Idea, and for now I want to share another Idea about COMP/USDT.
I have some alts and BTC short from its high, and I want to entered another short trade, and its COMP/ USDT.
My entry will be around 59.2 - 59.5, and invalidation is on 61.5 area
Im targeting 41.8 Are for this trade!
Good luck
💎 COMPUSDT: 797.52% Profit Potential in Next 9 Months💣💣💣💣Last 2-3 weeks we seen huge buying in COMP coin, in upcoming months its to going pump very hard.
entry and targets are given on the chart. Treat this idea as long-term investment
please Like and comment if there are any queries.
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