**Technical Analysis Chart Description:** Welcome to my Technical Analysis charts on TradingView! Before we dive into the analysis, it's essential to understand some important warnings: 1. **Subjectivity Alert:** Technical analysis involves interpreting market data and chart patterns, which can be subjective. Different analysts may interpret the same data...
💎 COMP has recently broken out of the resistive trendline and the neckline of an inverse head and shoulders pattern, while also displaying signs of CHoCH and BOS, indicating a bullish market structure and increasing the probability of a bullish market. 💎 If COMPUSDT undergoes a proper retest and begins to exhibit bullish candlestick patterns in that area, it...
- Compound is a defi lending protocol that allows users to earn interest - Defi rally can lead to a great jump - Compound has a solid base and I have no concerns over this - The structure looks amazing position yourself if you want to invest here for the long term - From a Trade perspective stay a little conservative
Comp/usdt : Compound is currently trading in a decent zone : Compound isn't looking bad at all from a trading perspective : As long as it's in our long entry zone with a 5-8% downside we can attempt this long : Swing Long this around 48-50$ : SL - 5-10% : I expect this to outperform soon the whole DEFI sector has outperformed the market Compound should soon...
Seems bullish pattern earned some profit already. Please provide your comments.
Title: COMP/USDT Technical Analysis: Bearish Divergence Signals Potential Downside to 45-50 Levels In this technical analysis, we will examine the price action of COMP/USDT, focusing on critical resistance and support levels. Analysis: 1. Resistance Area - 80-86: The COMP/USDT pair has encountered strong selling pressure in the price range of 80-86. Repeated...
Risk-----------$3.00 Reward-------------(-$1.34) 1. Closed this position at a slight loss I haven't checked the funding rate it was very expensive -0.63. Since I was going short so I have to pay a very very high funding fee
Comp had a breakout in 1hr candle, An upward move is expected. This is not a financial advice, only sharing my views on the chart.
Similar to AAVE Comp has put a 5th extension Should correct to wave 2 of the extension now
Comp shows sell pressure in last candle and oversold for a while. So i short it from a little higher. Nfa.
Now days crypto looking bearish sentiment so we can make a short position in comp usdt pair after breakdown support level.
COMP is at HTF in daily chart. and as per chart it looks like bearish retest. Hence we can short here with easy invalidation.
Price went 1x to my way. Then I put the SL at breakeven.
Strongly bullish about compound. After a good consolidation , wait for bulls:)
No need to describe in words(text). simply bullish ,buy and hold.
In the loving memory of my child Muffin... i present you this chart analysis.. if this analysis helps you then please give me a like that would help me alot and encourage me to do more chart analysis...
In the loving memory of my child Muffin... i present you this chart analysis.. if this analysis helps you then please give me a like that would help me alot and encourage me to do more chart analysis...
In the loving memory of Muffin i present you this chart analysis ... Me and Muffin in your service...