✴️ Compound Enters Long-Term Bullish $1000+ ($165-$175 Possible)Compound (COMPUSDT) is doing something that is not seen very often, this pair managed to move and close above EMA300 on the daily timeframe, this activates and confirm long-term growth potential.
We can see that volume is already strong and the action has been really good in the past few weeks, with a low happened 10-June, the same as with other Altcoins. The rest will follow.
Short-term Compound is set to hit $81, with additional growth possible to summer reaching $117 and the range between $165 and $175.
Long-term the potential is huge, we are talking $1,000+.
We will have a closer look at the next All-Time High in another trade idea in the future.
Make sure to hit like if you interested.
Namaste.
COMP / TetherUS PERPETUAL CONTRACT
52.60USDTR
−3.43−6.12%
As of today at 04:55 GMT
USDT
No trades
COMPUSDT.P trade ideas
COMPUSDTA weekly and daily analysis if weekly above C.H.O.C.H. close with a full candle, the upward trend is confirmed and presented in the future analysis, so until today we have the weekly price bearishness and we are waiting for the sell order block to reach the goal of L.L.
Smart Money
Hunter
Liquidity
COMP : is this next BIG SHORT ?Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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#comp short RR 4ok, after restating the scenario, closing longs in profit and canceling some long entries.
We don't see many selloffs above our intraday high in this currency but below and quite a bit.
We also see that you need a breakdown to close your structure.
Don't forget to always check the updates below this chart, cheers!
Bullish Gain Amidst Bearish Signals - A Delicate BalanceCOMP is currently priced at $40, and it experienced a significant gain today. This suggests strong buying pressure and positive market sentiment surrounding the coin.
In terms of technical indicators, the RSI is at 73, indicating an overbought condition. This suggests that the price may be due for a correction or consolidation in the near term.
The EMA 50 stands at 33, while the EMA 100 is at 36. Both EMAs indicate a bearish sentiment in both the short and long term, as the current price is below both moving averages.
The MACD is -0.18, suggesting potential downward pressure or a bearish trend.
Considering the Fibonacci retracement levels, we have the following insights:
0 Fibonacci (23): This level represents a potential support level.
0.5 Fibonacci (30): This level also indicates a support level.
1 Fibonacci (37): This level suggests another potential support level.
1.618 Fibonacci (45): This level could act as a resistance level.
The recent gain in price suggests a bullish sentiment, but it's important to consider the overbought RSI and the bearish indications from the EMAs and MACD. These factors imply potential downward pressure and a bearish bias for COMP.
Gartley Compliation at Shifter LevelOKX:COMPUSDT.P
There is a Bearish Cypher Pattern which completes at shifter level.
Shifter level is the level that SEC - Binance war started.
We can try a short setup with a solid risk-reward ratio but as always we need a last trigger which is bearish price action signal.
Good Luck Everyone.
May the force be with you!
COMP ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the COMP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COMPUSDT: 20% or 50% ?Disclaimer
High Risk Investment
Trading cryptocurrencies and Forex carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency and Forex trading, and seek advice from an independent financial advisor. Since Any opinions, news, research, analyses, prices, or other information contained on this website is provided as general market commentary, and does not constitute investment advice. The Bibres will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. All opinions expressed are owned by the respective writer and should never be considered as advice in any form.
A qualified professional should be consulted before making any financial decisions.
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COMP Possible Breakout!BINANCE:COMPUSDT lurking around SR flip level.
Plan A: Once price breaks out, Possible Long via Retest or pullback with potential upside targets 41, 47 and 57
Plan B: Short to possibly 31.00 zone
Remember CRYPTOCAP:BTC will drag BINANCE:COMPUSDT in it's direction so watch out for the possible Head and Shoulders on CRYPTOCAP:BTC that hasn't accelerated away yet proving Plan A / Plan B ideas. You can review my thoughts on this CRYPTOCAP:BTC Head and Shoulders here: tinyurl.com
Always having Plan A and Plan B scenarios so we can react once the markets provide an opportunity to execute our edge.
If you liked this idea or if you have your own opinion about it, write in the comments.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations.
COMP S&R in Short time frame>>>>Hello EveryOne
I Have Tried My Best to Bring the best Possible outcome in this Chart.
In case of market support's COMP shown good potential's to do short term rising price.
Must important levels in short term marked on the chart.
It's just an analyze,
Not a financial advise.
PLZ DYOR
With hopping success>>>>>>>
Bulls Defend Critical Support: #COMPUSDT Shows Signs of Uptrend🐂 #COMPUSDT bulls fiercely defending the $38 area, where the 78.6% Fibonacci support was twice rejected. The recent price action reveals a clean rebound off the uptrend trendline and the critical VolumeProfile demand zone.
If this massive support continues to hold and #COMPUSDT can produce a new higher high, it is highly likely that we will see a continuation of the bullish trend. The next resistance level to watch is at the $50 mark.
