COMPUSDT trade ideas
COMPUSDT Analysis (LOCAL VISION)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 80 and 90
after first target reached move ur stop to breakeven
Stop: ~47 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 3.5
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
COMP Quick Idea for LongHi everyone!
This idea explores price action using one of my favorite indicators, the Gaussian Channel. I used the 4 hour chart and went back some time to see how Comp behaves when we drop below the Gaussian Channel. I was able to find very similar price action not that long ago and outlined it for all to see. There has been a sequence of tests and rejections on t& top lines of the channel along with the 20MA in both cases. We also see a defined bottom formed which leads me to believe we are gearing up for a retest of the trend line. I have a target of approximately $82. This is right where we will be meeting the 50MA & coincidentally the trend line we have been getting rejected from. Even with all this considered I intend on staggering profits just in case we don't see a pump that high. This idea, as always, all depends on what Bitcoin decides its going to do.
Please let me know what you thing.
Like comment and follow for more ideas and remember, ALWAYS DYOR.
Thanks,
Cup and Handle Chart PatternYou can clearly see the pattern of the cup and handle in one hour time frame, and since this pattern is bullish pattern and can experience a 16% price increase by breaking the trend line, I have described the entry points with the image. This is not a buy or sell signal and act on your decision.
God willing, that you will be profitable...
COMPUSDT Analysis (LOCAL VISION)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Target: 84 and 92
after first target reached move ur stop to breakeven
Stop: ~60 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 2
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
The sexy blonde 2 lockers down :) COMP following the last week liquidations. I have decided to check out the number of On-Chain liquidations amongst major protocols. Comp turned out to be the biggest winner. Most users did not suffer during the retracement and retained their HODL capacity, not being margin called by the protocol. This is incredibly bullish in a Risk-Off environment as users seek safer investments and services.
In matters of TA. The comp Token which is a governance token cannot get much sexier than this chart. My final target for comp and level I would be comfortable shorting is anywhere between 917-3615$. By this I mean I would only close longs untill the valuation stands above 3615$!
By far the sexiest chart in the defi field.
Will be longing it now, DCAing, hodling for the long term. I may have found myself a new crypto wife :P
#LOOOOOONG
Compound (COMP)"Compound (COMP) is an Ethereum token that enables community governance of the Compound protocol. The protocol is a series of decentralized interest rate markets that allow users to supply and borrow Ethereum tokens at variable interest rates. COMP token holders and their delegates can also debate, propose, and vote on changes to the protocol."
Circulating Supply: 6,535,935.02 COMP
Max Supply: 10,000,000
Total Supply: 10,000,000
Rank #92, Token on 189,519 watchlists CMC
My very long target is 1800 $ usd. This graph is long term, for HOLD.
From now to green zone is good entry. Short 200 $ usd.
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This is not financial advice !
Warning! The price may fall more !
Please do your analysis and consider investing !
COMP | Compound Bearish Descending Triangle Indicating -30%COMP is forming what looks like a descending triangle. Volume is dropping and COMP's price has just crossed the MA50, which didn't offer much support.
Once Compound closes below $115, I think it's safe to assume that COMP is going to test its November 2020 low at ~ $80.6.
Let's see how this plays out.
Thanks for your support.
Have a good one.
