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COMPUSD trade ideas

Compound. HTF channel bottom. NFA. DYORAfternoon, with bitcoin trending north it has given time for people to accumulate alts before they follow later on in Q4 when BTC takes a breather from taking out shorts. Nice and simple chart here looking at the HTF. Compound is sitting nicely at the bottom of its channel which has been the launchpad for its runs in the pass. Has a nice support and resistance flip which is only invalidated if we lose 280, close below and then reject on the higher time frames, which I cant see happening personally but hey ho. Pending fisher cross on the 3D below -2 has only happened 3 times, and when it does, they are explosive. CMF holding above the zero line which indicates strength in the market. This appears to be a good place to build a position if have not done so already or place buy orders on support at 281. Initial targets are the 0.5 fib channel which was rejected at the rally at the start of July, will reassess position forthwith. If the .5 if flipped to support then we target the top of channel. In no way Financial advice and always do your own research.
COINBASE:COMPUSDLong
by Chopstick_Charlie
COMPUSD - Double three combination correction 09/10/21Downwards breakout price target for ascending triangle was hit. We are now potentially breaking out of this local wedge formation. The price could be taking the form of a double three combination correction, which consists of two ABC waves (W & X) followed by a final complex correction wave (Y). If this becomes local bottom, it may confirm larger correction wave 2, and also the initial impulse wave 1 from mid-June to late-July. We may be beginning the wave 3 up after June bottom. Alongside this wave schematic, we have have several technicals to look at: Volume has increased significantly at this local bottom. RSI bullish divergence occurred between the C-E wave, signalling potential slowing of downtrend. BBWP is approaching lows. We can expect price to move somewhat sideways in the coming days with volatility dropping, and should look for BBWP to increase (and break above the white median) while price steadily moves up. Price target for a confirmed, perfect breakout for this local wedge would be ~25.43% ($390) This is not financial advice, and always DYOR.
COINBASE:COMPUSD
by fvideira
MY MINIMALIST ANALYSIS FOR COMPOUND $COMP 10.26.21 0537H +8 SINGAPORE ALERT: ENTRIES,PARTIAL EXITS, EXITS and MAXIMIZED AREAS OF VALUE Disclaimer: The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as a piece of investment advice. "FOLLOW THE WHITE RABBIT!" HOW TO USE THIS MINIMALIST CHART Created on a MONTHLY, WEEKLY & DAILY Analysis (The Dynamics of the Market.) It is designed for SWING TRADES at the BOTTOM. I do not SHORT, though, you can still use it. The LARGE BOXES (Tops and Bottoms) are MAJOR pivot points that will occur, while the SMALL BOXES (Tops and Bottoms) are MINOR pivot points. These can be entries to a BUY/ SELL POSITION, EXIT/PARTIAL EXIT/TOP-UP AREAS and even if you wish to hold longer for a CONSERVATIVE MAXIMUM TARGET AREA OF VALUE (Depending on, if the conditions are right.) At times I include WAY BEYOND PARABOLIC Price TARGETS. Watch out for your Volume, Chart Patterns, Candlestick Math, Price Action, and especially your Fibs, Market Dynamics, and trading psychology. The above-mentioned is sufficient enough as a major deciding factor for this MINIMALIST CHART. Note: That This CHART is best used without indicators. (As we all know, they lag.)
COINBASE:COMPUSDLong
by The_Crypto_Samurai