COMPUST trade ideas
✴️ 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 USDT Analysis Hello TradingView community and my followers, please if you like the ideas, don't forget to support them with likes and comments, thank you very much and here we go.
Today I want to talk to you about the COMP chart.
At the moment price break the triangle.
Then, I think COMP breaks continue to move down to my goal.
My target is located at charts level.
I expect this scenario.
This is my opinion, I really hope it will be useful for you.
Be prepared and save your money. Make big profits!
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.
✅TS ❕ COMPUSD: downward channel✅✅ COMP already failed to break through the channel border twice.
The peaks are going down.
I expect a fall after fixing 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
COMP-SHORTHi guys
I saw a cell setup on this currency and I said to put it in the channel of this currency based on the price action. It has formed a setup which is called fatigue gap and this is the first reason.
The second reason for a sharp upward movement in a downward trend is that it often turns into a trading range, and this point in the resistance work on this currency, that is, the fatigue gap and drawn resistances, increases the winnings of this transaction.
At the same time, the important support of the dollar index, which I predict will rise, and I will also analyze it, will cause bitcoin to fall, and in the future, the altcoins will fall, the goal is also clear.
be successful
COMP BULLISH SOON, LARGE MOUVEMENT INCCOMPUSDT 1D,
After forming a DUMP RALLY scenario, we have tested the base and went for a large mouvement to the upside. Currently retesting the neckline of the dump rally, and the resistance of the parallel channel, we will either see a rejection from here and pullback a little bit to the downside.
But if we break the parallel channel, we will go for an amazing mouvement to the upside.
COMP CAN SHOWS ATH IN 2023 OVER $911 SINCE WHALE CYCLE INTERESTThe start of 2023 is an important year to predict price actions, and the best predictions are depending on chart data and study.
COMP is known as a whale coin, which means the whales that are holding COMP have a high value that they are able to break out COMP.
The price actions.
The price actions of 2023 show that COMP is interesting for the coming time, out of this short-term increase, this idea is based not on the price action of now, but on the long-term view.
On May 12, 2021 (2 years ago) we had an all-time high on this coin at $911.20
We can get an unexpected year in 2023 where this ATH can get broken by whales, and where COMP can go over $1000 USD
To answer this question we count depending on chances.
Is there a high chance that COMP will increase coming time since the cycle is active? Depending on our study the answer is yes.
This is not a guarantee as it is based on price protection.
Let's see what the year 2023 will bring to this coin and if it's going to the moon as this chart shows.
This prediction is not based on the price action for now, and it's the year 2023 expected possibility.
This is not a trading update, since this coin can go down and up in the short term, so this view is for the long term, and it means also not that it should happen, its a view from the side of data for the long term.
COMPUSDT Elliott Waves AnalysisHello friends.
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Everything on the chart.
Entry: market and lower
Target: 55 - 75 - 95
after first target reached move ur stop to breakeven
Stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM .
Cancellation of setup ~26$.
Risk/Reward: 1 to ~6
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/USDT | Ready for Massive Breakout..!!
#COMP Descending Channel formation in the Daily timeframe..
Seems like Bottomed out & Ready for Breakout so Keep it under the Radar.
In Case of Upside Breakout, Expecting 3-4x Bullish Rally in the Midterm..
Bulls Need to Clear the 37$ Resistance to Confirm the Channel Breakout.
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Short-Term buy limits ready for COMPUSDI've been following the price for a while now and I think we might have a good chance for this pair to starting to rise again. Volume is steadily growing and the overall structure is giving a really nice bullish image worth considering and taking advantage of. Let's see how this develops.
