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COMP / TetherUS

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COMPUSDT trade ideas

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.
Long
by altFINS
1
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
Short
by rezaradmanesh
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 $1000 USD To answer this question we count depending on chances. Is there a high chance that COMP will increase coming time since the cycle is active? Depending on our study the answer is yes. This is not a guarantee as it is based on price protection. Let's see what the year 2023 will bring to this coin and if it's going to the moon as this chart shows. This prediction is not based on the price action for now, and it's the year 2023 expected possibility. This is not a trading update, since this coin can go down and up in the short term, so this view is for the long term, and it means also not that it should happen, its a view from the side of data for the long term.
Long
by Goldenbreakout
1
COMPUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Target: 55 - 75 - 95 after first target reached move ur stop to breakeven Stop: im w/o stop (depending of ur risk). ALWAYS follow ur RM . Cancellation of setup ~26$. Risk/Reward: 1 to ~6 risk is justified Good luck everyone! 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.
Long
by trytofeelpositive
4
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!
Short
by UnknownUnicorn6353257
1
COMPUSDT is creating a double bottomThe price is testing the demand zone on the daily timeframe where the market is creating a double bottom. How to approach it? IF the price is going to grab new liquidity, we could see a pullback untile 0.5, 0.618 Fibonacci level, so According to Plancton's strategy , we can set a nice order ––––– Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ black structure -> <= 1h structure. ––––– Follow the Shrimp 🦐
by InkyGrip