Just sharing my predictions here on Comp
This could be a classic cup pattern. Anyways we are seeing strong protection of 14000+ zone. It should lead to the grow in a midterm.
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BINANCE:COMPUSDT comp is making a bearish cypher plus a daily TD 9. Looking to play this.
Compound breaked down from the trendline after that made an fake jump to the uptrend and rejected. COMP is still in downtrend guys. Buy zone is only and only after breakout. For people which is holding this coin i prefer to use stop loss at the shared area. If you like my analyse and if you want to get more analyses from me, please don't forget to push like to this post.
MakerDao, Compound and Aave are the three major lending protocols in the DeFi space. I think LEND has run its course and there are better coins to speculate on since it has already gone up more than 35x this year alone. It may be facing a major pullback soon. Even so, it is never a wise idea to short a high momentum coin until the trend is clearly broken, which...
Wedge formed, currently consolidating at current levels... price soon to rise to recent high, break out possible.
crypto coins are popping off i could see this one testing $260 again soon
Bullish moving averages Wedge breakout What happens when people find out that crypto earns you dividends? What happens when people find out that staking DeFi earns you 10X the interest than a bank? Of course there's a risk, but wouldn't they want to try it out with at least 10% of their capital? Stop loss(M) : $183
Compound is looking bullish at last, it could be a good hedging position during Bitcoin correction. Current Price= 143.85 Buy Entry= 144.02 - 139.00 Take Profit= 156.91 | 185.43 | 205.51 Stop Loss= 125.91 Risk/Reward= 1:1 | 1:2.85 | 1:4.16 Expected Profit= +32.64% | +92.85% | +135.48% Possible Loss= -32.64% Fib. Retracement= 0.382 | 0.618 | 0.786 Margin...
Compound price rose to highs close to $250 but retreated to confirm the 61.8% Fibo support. COMP/USD bullish scenario remains intact in spite of the drop from $247 as observed with the RSI. Compound roared to highs above $240 towards the end of the American session on Tuesday. The Asian session on Wednesday has been characterized by increased seller dominance...
Despite Link's fundamental shortcomings, we need to realize that crypto is driven partially by euphoric sentiment and market signal is often times, more important than macro signal, at least in the short run. While the time of reckless speculation may be gone, we can't overlook the effect that DeFi craze and the resurgence of crypto bull market may have on the...
Looks like it reversed, break through strong $150 resistance and possibly $170 as well.Will try to catch a retest of $170 for a long, currently looks bullish for me. Hit the "LIKE" button and follow to support, thank you! Information is just for educational purposes, never financial advice. Always do your own research.
COMP has been one of the few DeFi coins to really not have a nice run so far. Granted it started off insanely priced above $300, this nice divergence on the RSI is looking good and as long as BTC doesn't do anything crazy I think there is some good upside here.
About Compound Compound (COMP) is an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol. By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be...
rounded bottom and no downtrendlines in site? new defi project missed the initial wave looks good to join for the second round?