COMP / TetherUS PERPETUAL CONTRACT
54.64USDTR
+2.02+3.84%
As of today at 05:42 GMT
USDT
No trades
COMPUSDT.P trade ideas
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 1D : LONG TERM BUY ZONEKeep In Mind ❗
🟣 Purple structure -> Higher Timeframe Structure.
🟢 Green structure -> Daily Structure.
⚫️ Grey structure -> 4h Structure.
🟡 Yellow structure -> <4h Structure.
Important : Please Use RM (Risk Management) and MM (Money Management) If You Decide To Use My Ideas, There Will Always Be Unprofitable Ideas, This Will Definitely Happen, The Goal Of The System Is That There Will Be More Profitable Ideas At A Distance.
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.
COMPUSDT May Create an ALL-TIME HighAccording to my analysis, it may but i must use a very tight stop just in case it's going for an all time low.
PPPDirhams.
Disclaimer: This is just my idea. Am not liable for the end results if adapted by anyone. Trade cautiously as there are chances that you will lose your investment..
BINANCE:COMPUSDT
COMPUSDT - BREAKOUT COMINGCOMP is consolidating in the form of this large falling wedge formation at a historically strong level of demand, we can see the range is tightening and price is coiling up for a potential breakout to the upside. Waiting for a confirmed daily close above the confluence of resistance for a confirmation then will be dropping to 4hr and looking for a entry on the retest.
ALT/USDT|COMP/USDT|LongLong COMP/USDT
The system trading idea is activated only when it is fixed in the highlighted blue zone, if the price has gone beyond the highlighted zone, then the transaction is activated 2 minutes after the breakout.
* The author reserves the right to close the deal before reaching the take zone and the stop zone. Closing a deal for subjective reasons does not completely cancel the idea and is not a call to the same action, you can continue developing the idea according to your data, but without the support of the author.
The level indicated by the ellipse is a zone of increased resistance, a reversal is possible in this area for correction, please take this factor into account in this transaction.
The term "forecast" was used to indicate the percentage potential in this idea. The author does not take into account the date and time of the trade, only the percentage change.
Blue zones are activation zones.
Green zones are take zones.
The red zone is the stop zone.
Working out of the take level takes place without fixing on a "pending order", working out of the stop level only when fixing in the stop zone or breaking through this zone.
SUM PNL: This parameter displays the total % of all closed ideas (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
!This idea is in the format of a systemic trading idea, losses will be mandatory, the goal is to gain a positive PNL at a distance by using the system. Follow your own risk and money management parameters if you are going to use these ideas.!
🚨COMP-is it time? F.Wedge+Macro BottomWhat you need to know is that the was some bad news that came out recently:
"$22M Drained From Compound Contract That Was Hit for $80M Last Week. About $66 million – and counting – was recently added to the still vulnerable contract, thus making more funds available for exploit. "
Source: coindesk
That event obviously had a negative impact on the price, but surprisingly we didn't see a rapid sell-off.
Compound touched the bottom trendline of the parallel channel for the third time and seems like it's about to break out of the falling wedge formation anytime now.
The key level to claim is ~360.0. Once it's done compound will be ready for some big moves. Until that happens it's possible for the price to just keep going sideways.
