COMPUSDT trade ideas
✅TS ❕ COMPUSD: fixed above the channel✅✅ COMP is fixed above the upper border of the channel.
The price held the support level.
I expect that the asset will begin to rebound from the current level. ✅
🚀 BUY scenario: long to 59.84. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
COMPUSDT Breakout doneComp breakout and successfully retest its trendline line after a long time
Bullish rally expected 2-3x
DYOR
NFA
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COMPUSDT | APPROACHING TO BUYERS ZONECOMPUSDT previously broken above the long down trend line. The price has been in a bullish trend. Now the price is again approaching to he previous breakout zone which has a confluence point of 100MA too.Th bulls can show strength at this point.
Manage your trades accordingly.
✅TS ❕ COMPUSD: downward channel✅✅ COMP tests the upper limit of the channel.
The price forms descending peaks.
I expect further decline after consolidation in the channel. ✅
🚀 SELL scenario: short to 48.45. 🚀
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Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
Long COMPThis is no financial advice
Comp holding a structure breakout, against a monthly orderblock, with proper support on the 50 line of the pitchfork, expecting a move to the Median Line, Stochastic also giving some data about sentiment. My target will be the ML which can vary acoording to the timeline, but also eyeing the Breaker on the W and M tf, around 100 usd.
Stay safe
COMPUSDT | BULLISH PARALLEL CHANNELCOMP has been trading with in a bullish parallel channel .
The price has made multiple attempts to break below but bulls keep it holding.
Now price is trading near the falling resistance and bulls need to break above the resistance
The bulls are in control.
Manage our trades accordingly.
✴️ Compound Is One Of The Strong Ones | $102, $147 Next!We have good and great altcoins projects, we have big, medium sized and small ones... We also have crappy and scammy projects and everything that is in-between...
Based on Technical Analysis, we have weak and strong charts also.
Compound is one of the strong ones, this can be seen easily on this chart.
Its price is already trading above MA200.
In late 2022 and early 2023, December/January, it produced a higher low compared to June rather than a lower low.
14-January we have the highest daily volume ever for this pair.
The RSI is super strong.
The long-term higher low and the ultra-high volume are the heavier signals on this list, while MA200 is also quite good.
You are about to experience the strongest bullish wave in years... Something we haven't seen since March 2022 or even before.
Remember to prepare and maximize profits.
And THANKS for your continued support.
Namaste.
COMP: Resistance Breakout!Compound (COMP) technical analysis:
Trade setup : Following a bullish breakout from Falling Wedge pattern (huge volume), price also broke above $50 resistance. Price then retested that level and could resume uptrend and revisit $70. (set a price alert).
Trend : Uptrend on Short- and Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish but inflecting. MACD Line is above MACD Signal Line and RSI is above 55 but momentum may have peaked since MACD Histogram bars are declining, which suggests that momentum is weakening.
Support and Resistance : Nearest Support Zone is $30. The nearest Resistance Zone is $50, which it broke, then $70.
