Get started
CompoundCompoundCompound
#120#120#120

Compound

No trades
See on Supercharts
Overview News
Ideas
Discussions Technicals Seasonals Markets

COMPUSD trade ideas

COMPUSD Huge bullish divergence can take it to 130.COMPUSD is consolidating under the MA50 (1w) since mid August with the RSI neutral/ borderline bearish. There is a Rising Support on the RSI (1w), which is filled before every rally. The Support Zone has priced all 3 of those RSI bottoms. Trading Plan: 1. Buy the next pull back on the Support Zone. Targets: 1. 130.000 (Rising Resistance as well as slightly under Fibonacci 0.5). Tips: 1. The RSI's (1w) Rising Support is a huge Bullish Divergence. Those are typically formed during long term market bottoms and usually an aggressive break out follows. The next rally can be even stronger than we expect. 2. The MA100 (1w) is the last Resistance standing and its crossing can potentially accelerate the rally we just talked about. Please like, follow and comment!!
CRYPTO:COMPUSDLong
by TradingBrokersView
2
[C-006] CompoundTrading idea number C-006 | Compound could raise to 43/45 USD area. The RSI is below 50. The MACD is above its signal line and is negative, price is below its 20- and 50-period moving averages. In addition, the pair is trading below its lower Bollinger band. All this shows a state of strong oversoldness following yesterday's price collapse that brought prices back to the support line of the lateralization channel from which we expect a rebound. To support our bullish thesis we also see a first bullish divergence 📈 Long Entry at 40.74 💰 Take Profit at 43.00 💸 Stop Loss at 39.85
COINBASE:COMPUSDLong
by UnknownUnicorn60943104
COMP Trade UpdateTraders, Just realized I wasn't able to post the very fortunate trade entry that was made by me during our most recent flash crash a few days ago. I missed this post due to being briefly banned by TradingView for inadvertently violating House Rules. Long story short, I happened to be sitting at my computer that evening and was perusing the charts per the usual manner. I noticed that COMPUSD had reached its target down from the recent Head and Shoulders pattern seen. But because the selling pressure was so heavy I decided to set my buy order even lower per chance I might get the order triggered and filled. Therefore, I looked for the next best level down and found that level at 35.55. This is where I set my buy order. Lo and behold it was filled! In fact, my chart which gathers data from the Coinbase exchange here, shows the candle wick bottomed only a few cents lower at 35.43! This, traders, is why charting levels, trends, and patterns can be very helpful. Technical analysis is not always right. In fact, we have to count on a good percentage of our analysis being wrong. Such was the case in quite a few of my last entries which were stopped out during this flash crash. But TA gives us much better insight into what the probability of the trade becoming profitable might be. Pair TA with some fundamental analysis and you are well on your way to becoming a seasoned trader. Back to this chart. You can see that we remain in the H&S Target box. From a technical perspective, this remains a good re-entry area. Here are the positives: RSI back above support RSI still near oversold Price in H&S Target Box Price above good support (red area) Here are the negatives, including fundamental considerations: China FUD re: Evergrand bankruptcy Elon FUD selling BTC Macro-economic uncertainty = risk-off Fed Powell Speech Friday And one TA negative is that current candle is a shooting star As you can see, technically the trade remains in your favor. But there is a lot of FUD out there. Be cautious. Never risk more than you can afford to lose. Best, Stew
COINBASE:COMPUSDLong
by stewdamus
.618We’re at the .618 area of retrace,ent which typically has some support but I believe we could se a further drop to $43 or even $38…. $28 is the last resort….Plan to see some movement in these areas, and hold for the long term gain. Once we break back over $78 we could see it follow the strong bull market. There is a possibility of getting a scalp trade from $61-$63 off this level, but let’s not try to catch a falling knife. Only when we see some more stable support and volume would it be a good idea to scalp. Good luck and have fun with it
COINBASE:COMPUSDShort
by Ncard137
✴️ Compound Update | Looks Promising, $88 Target Next?Compound ended June on a positive note and continued growing all the way through the 4th July, then came the correction. 6 days closing red but a bounce is happening exactly at EMA300 (grey line on the chart). The question is this, can COMPUSD resume growing or will the correction continue? Compound moved ahead of the others, as it moved ahead the others started to follow, slowly but surely. If the correction ends for this pair, it is likely that it will also end for the other pairs. Let's see what the chart has to say. EMA300 is a very strong level so is normal to see a retest before additional growth can happen. With the strong candle we have today, it is likely that this is a real move. By real I mean that there will be a follow up. The volume is really high and this session already cancelled 4 days of red, with the total red days being 6. I am leaning bullish based on the chart signals and we can expect additional growth but, if prices move and close daily below EMA30 or $52, the bullish signals become invalid and we would need to see more red before up. Even with more red, the bigger picture would still be a higher high in the weeks to come. It is looking pretty good overall. Namaste.
CRYPTO:COMPUSDLong
by AlanSantana
17
COMPUSD: 1W candle turning green pointing to a rally continuatioCOMPUSD has been a very profitable crypto for us lately (last idea at the bottom) and as it crossed above the 1 year Channel Down invalidating it, the 1W timeframe turned bullish (RSI = 65.140, MACD = 5.050, ADX = 32.042). If the 1W candle closes green on this bullish pinbar, we will buy again and target the 1W MA100 (TP = 100). The upside potential is significant as the recent Bullish Cross on the 1W MACD was formed under the 0 level. Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:COMPUSDLong
by InvestingScope
2
✴️ Compound Renko Confirms Bottom, New Multi-Year Long Uptrend In this Renko chart for the COMPUSD (Compound) pair we have a mixture of signals and systems. We are using it to spot a bottom and also confirm the reversal of a trend. The fact that we have a perfect flat correction (3-3-5) based on EW coupled with the highest volume ever, 4 green bricks on the weekly timeframe, all confirm that the bearish trend is over. This thing can literally change and reverse but as it is now we have a newly developing uptrend. Compound is entering a new bullish trend that can last for years. The next All-Time High can go beyond $1,600 or even up to $2,000. This is my projection for late 2024 or early 2025. Thanks again for reading. Namaste.
KRAKEN:COMPUSDLong
by AlanSantana
COMPUSD Ranged trading and buy if this level breaks.Compound (COMPUSD) is rebounding after the initial rejection on the 71.500 Resistance that goes all the way back to the August 10 2022 High. As long as it holds, we will trade within that and a Higher Lows trend-line. The 1D RSI pattern is identical to the January 15 - 30 peak formation, which also traded in range before the 1D MA50 (blue trend-line) broke and completed a nearly -40% decline. As a result, if the 1D MA50 breaks again, we will calculate a rough -40% decline from the last High, most likely that will be around 45.000. A 1D candle close above the Resistance though, will be a bullish break-out for us and we will target a potential 1W MA100 (red trend-line) test at 100.000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
BINANCE:COMPUSD
by TradingShot
2
Double top.Assuming it’s a double top, if we don’t see a strong breakout with high volume above $71 We can expect a drop to at least $45 A bounce and possibly lower to around $35 but $42-$45 is a good entry point for a scalp Keeping in mind Comp All time high was $915, we see strong rejection around $71 but is a drop in the bucket compared to what it could be in the next bull run. With a 52% increase within the week and a 80% increase within the month Anything above $71 could trigger another push However on the daily we are currently overbought. Good luck and have fun with it!
COINBASE:COMPUSDShort
by Ncard137
3
COMPUSD: Closed over the 1D MA200 flashing a strong buy signalCOMPUSD closed the 1D candle yesterday over the 1D MA200 for the first time since April 18th, giving a strong buy signal despite turning overbought on the 1D time frame (RSI = 73.112, MACD = 1.660, ADX = 54.712). We are taking a buy here, targeting the 0.786 Fibonacci level (TP = 55.000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CRYPTO:COMPUSDLong
by InvestingScope
7