After the long wait, it is almost time. COMP first target will be $360. A bit more patience is required. Do not try to time the bottem. Take positions, relax and take profit and first target and let the rest ride along. After $360 it has still more upside potential. All eyes on BTC for now, but the second wave will favor ALTS more than BTC in terms of...
Compound is a protocol on the Ethereum blockchain that establishes money markets. Money markets are pools of assets with algorithmically derived interest rates. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate. Compound is now available on DeFi Swap. Users can swap Compound, be Compound...
DeFi is the last liquidity hold out as the water recedes the defi pools or puddles remain. it makes you wonder where this market would be without the decentralized Liquidity Lakes _shinning becons of money added by you and me in = trading pairs to form people powered DEX's like UNIswap or the bast@rd cuz SUSHIswap dont forget synthetics or extra deep liquidity...
Few days ago four coins was drop on Robinhood. World is continuing to accept cryptocurrency. Possible long turn hold heading back to ATH. We may see resistants in the middle of this up trend would say about 2023 we may see ATH. Follow me for free analysis.
COMP still has some work to do here but its starting to diverge on both the RSI and the MACD. Bullishly engulfing here as well with a possible partial decline. This is the 3D but i do like this time frame for reducing a little bit of the noise from the daily, and a little faster than the weekly. You really want to see COMP back above 180, which would open the door...
Compound (COMPUSD) has been trading within a Falling Wedge since the May 12 2021 High. Since February however, it has been trading within a Channel Up, which is the market attempt to form a bottom. In order for this to be confirmed as a bottom though, the price needs to break above the 1D MA200 (orange trend-line). If it does, it will be the first time to do so...
rising wedge with bearish divergence on both RSI and MACD let see where this takes us
This is a bit of a late an dangerous entry but Comp has been so strong lately and is at a lvl where one could strategize an entry with a stop loss though not the best by any means i do still think there's a decent chance of it playing out so i think it's worth pointing out.
Approx 32% gain from current PA to 1.618 Fibonacci. Target Price Limit Sell: 188-211 USD Suggested Take Profit: 1.272 Fibonacci (168 USD) Invalidation Zone: Under 129 USD Please allow 2-14 days for Swing Not financial advice, DYOR
Traders, This one looks similar to my DogeCoin post a few days ago (see link to related ideas below): Inverse H&S pattern - looks to be playing out Clear target at area of confluence Similar pattern as many other altcoins ...tackling a major MA So, here's the way I'd play this (also, similar to the recent dogecoin post): #1 - Zoom in to the 4 hr...
bullish butterfly on comp just above all time lows with a bat pattern in the rsi ,first positive momentum on weekly macd , above the most critical level etc below these lows no data exists this is one of the best looking charts and no brainer trades ive ever seen if not the best in terms of probability of success and reward to risk. cant wait to press the watch...
In this video I'll show you what I've spotted on the COMPUSD chart and what I would be watching/waiting for before I took an entry. ⛓️ 🔗 Useful Links 🔗 ⛓️ Link to Static Posts: Dogecoin - www.tradingview.com CompUSD - www.tradingview.com
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. The start of this count is around the $84 area ( wave 1) and we've reached the bottom of $99 or so (wave 2), I highly doubt we will go anylower than $99 but if we do, this chart is still valid as long as we're above $85. Wave 1 - $900 Wave 2 - $99? Wave 3 -...
LONG-TERM: Weekly classic bullish divergence , double bottom , falling wedge breakout, PCZ of bullish butterfly . (not financial advice) tailoring position sizes for looser stops is important*
As we can see COMP has been in a bear market since mid may 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone The project...
| COMPUSDT | LONG @ 143 - 147 | TP @ 148, 150, 152, 154, 156 | SL @ 130 | PATTERN = BULLISH MACD CROSSOVER | COINBASE | Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved.
Hi Traders COMPUSD (4H Timeframe) Waiting for the upward break of 137 resistance level, which will complete a bullish trend reversal pattern to go LONG. Only the downward break of 112 would cancel the bullish scenario. Trade details Entry: 137 Stop loss: 112 Take profit 1: 150 Take profit 2: 174 Score: 5 Strategy: Bullish reversal