COMPUSDT AnalysisHello friends.
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Everything on the chart.
open pos: market
target: 365 and 395
after first target reached move ur stop to breakeven
stop: ~284(depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 2
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COMPOUND CAN BECOME A TOP COIN IN NOVEMBER! THE EXPLODE START!✅Coin view shines the light on Compound Mars the Rank #70 on cryptomarket.
Expecting depending on trend study that Compound can show a 100% increase at long term, even into short possible where it will become the TOP NOVEMBER COIN-OR EVEN THE YEAR COIN
💎With this coin view update we expect a price action target with this coin that is listed on kucoin exchange and more exchanges.
☕️and of course, you never invest all in. I mean when you invest a coin with small price action as this for the long term, do it only with what you can lose.
📈You will see coming time more updates about this coin, this is the start from coin view expecting.
# ALSO THE COIN VIEW have choice this coin as one of the best coins.
Have a great day!
DAY TRADER COIN COMPOUND INTO THE RUN - STILL POSITIVE Hello trading friends,
The compound is still interesting for the coming time as the trend shows, as long the trend is in the box, we could speak about a Positive trend.
In the trend, we did add 3 boxes of possible price action hit.
Targets
378,389,400+
This means not that all targets will get hit, but the coins are interesting and worth following.
Know also that some increases can take more time.
Trade always with good risk management, at last with 3.1 system
Have a great day!
COMPOUND SHOWS BREAKOUT TRENDS - LONG TREND 400usd+Hello trading friends,
Depending on new study for altcoins, Compound shows interesting trends for a possible increase to 400 usd +
It shows an interesting TA pattern.
Trade always safe and manage your risk.
- know that not every coin will breakout always into fast time, and some coins need time to get into the breakout point.
Wich everyone a good trades, and nice profits!
Have a great time!
COMP pushing out of consolidation zone.COMP has broken out of a month-long consolidation period and major demand zone between 323 and 300. On the daily chart we can see MACD about to crossover to the bullish side as well as a +50 RSI pointing upwards. Volume Accumulation Percentage Indicator has now moved to positive signalling that market participants are buying into this breakout. I expect a move towards the 0.5 fib ($400). Further than this could see us hit the 0.718 fib which coincides with a strong supply zone at $480 dollars. Comp is a slow mover so I expect this to take several days unless there is sufficient volume.
COMP Bullish structure forming- Flip 380 USD would indicate a strong trend reversal. (0.236 from ATH)
- BTC pair rolls over and at bottom support.
- increasing volume profiles dominated by buyside.
- inefficiency between two sellzones
- second sell zone coincides with 100% expansion of current tradingrange.
COMP - new rocket 🚀🚀If you look at the technical analysis side, COMP looks very good.
The price has been in accumulation for a long time while getting closer and closer to the trend line. After yesterday's fall, the price has recovered very quickly, also we should note the appearance of more volume at the bottom. This is a good signal for growth. A breakdown of the trend line might be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
going long on COMPSold my LTC for COMP... regardless of LTC debatable fundamentals, COMP is far more promising in that regard.
As you can see in the weekly chart, COMP has been in the accumulation stage for long and still below the 8W SMA indicating that it is still under valued in a bull run. Add to that COMP is still back to July levels.
Again, the RSI, Ichimmoku Cloud and Ichimmoku Signal and Heiken Ashi are not signaling a buy signal. So it is a pure speculative purchase based on the FA, not the TA or PA.