COMPOUND GOVERNANCE TOKEN - COMP/USD - 1H - Technical analysis published on 01/09/2025 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
44%
22%
My opinion
Bearish under 75.09 USD
My targets
71.44 USD (-0.98%)
67.69 USD (-6.18%)
My analysis
The bearish trend is currently very strong for COMPOUND GOVERNANCE TOKEN - COMP/USD. As long as the price remains below the resistance at 75.09 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 71.44 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 67.69 USD as an objective. Crossing it would then enable sellers to target 54.34 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.4
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This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
COMPOUND GOVERNANCE TOKEN - COMP/USD rating 72.15 USD. On the day, this instrument lost -0.55% with the lowest point at 71.18 USD and the highest point at 73.97 USD. The deviation from the price is +1.36% for the low point and -2.46% for the high point.71.18
73.97
72.15
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner notes the presence of abnormal volumes:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in 1H of this COMPOUND GOVERNANCE TOKEN - COMP/USD chart shows a sharp bearish trend. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 20
Type : Bullish
Timeframe : 1 hour
An assessment of technical indicators does not currently provide any relevant information on the direction of future price movements.
Other results related to technical indicators were also found by the Central Indicators scanner:
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Momentum indicator is back under 0
Type : Bearish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:
Dragon-fly doji
Type : Bullish
Timeframe : 1 hour
Bearish harami cross
Type : Bearish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 54.34 | 67.69 | 71.44 | 72.15 | 77.44 | 81.45 | 84.11 |
| Change (%) | -24.68% | -6.18% | -0.98% | - | +7.33% | +12.89% | +16.58% |
| Change | -17.81 | -4.46 | -0.71 | - | +5.29 | +9.30 | +11.96 |
| Level | Major | Intermediate | Minor | - | Major | Intermediate | Minor |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.21 | 63.45 | 68.00 | 72.24 | 76.79 | 81.03 | 85.58 |
| Camarilla | 70.13 | 70.94 | 71.74 | 72.55 | 73.36 | 74.16 | 74.97 |
| Woodie | 59.37 | 63.53 | 68.16 | 72.32 | 76.95 | 81.11 | 85.74 |
| Fibonacci | 63.45 | 66.81 | 68.88 | 72.24 | 75.60 | 77.67 | 81.03 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 59.35 | 65.39 | 75.09 | 81.13 | 90.83 | 96.87 | 106.57 |
| Camarilla | 80.45 | 81.89 | 83.34 | 84.78 | 86.22 | 87.67 | 89.11 |
| Woodie | 61.17 | 66.31 | 76.91 | 82.05 | 92.65 | 97.79 | 108.39 |
| Fibonacci | 65.39 | 71.41 | 75.12 | 81.13 | 87.15 | 90.86 | 96.87 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -26.86 | 20.97 | 47.08 | 94.91 | 121.02 | 168.85 | 194.96 |
| Camarilla | 52.87 | 59.64 | 66.42 | 73.20 | 79.98 | 86.76 | 93.53 |
| Woodie | -37.71 | 15.54 | 36.23 | 89.48 | 110.17 | 163.42 | 184.11 |
| Fibonacci | 20.97 | 49.21 | 66.66 | 94.91 | 123.15 | 140.60 | 168.85 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 41.36 | |
| MACD (12,26,9): | -0.6300 | |
| Directional Movement: | -17.14 | |
| AROON (14): | 28.57 | |
| DEMA (21): | 71.54 | |
| Parabolic SAR (0,02-0,02-0,2): | 71.26 | |
| Elder Ray (13): | -0.40 | |
| Super Trend (3,10): | 73.70 | |
| Zig ZAG (10): | 71.91 | |
| VORTEX (21): | 0.9900 | |
| Stochastique (14,3,5): | 39.46 | |
| TEMA (21): | 72.28 | |
| Williams %R (14): | -62.05 | |
| Chande Momentum Oscillator (20): | -0.53 | |
| Repulse (5,40,3): | -0.1800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.1500 | |
| Courbe Coppock: | 1.83 |
| MA7: | 80.01 | |
| MA20: | 80.07 | |
| MA50: | 86.14 | |
| MA100: | 65.86 | |
| MAexp7: | 72.14 | |
| MAexp20: | 72.55 | |
| MAexp50: | 74.78 | |
| MAexp100: | 77.35 | |
| Price / MA7: | -9.82% | |
| Price / MA20: | -9.89% | |
| Price / MA50: | -16.24% | |
| Price / MA100: | +9.55% | |
| Price / MAexp7: | +0.01% | |
| Price / MAexp20: | -0.55% | |
| Price / MAexp50: | -3.52% | |
| Price / MAexp100: | -6.72% |
Quotes :
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Real time data
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Cryptocompare
This member declared not having a position on this financial instrument or a related financial instrument.
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