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COMP

✳️ Compound Descending Channel Followed by Bullish Wave (120%+)This little pattern here reveals what is coming to Compound. #1 | Descending channel leads to rounded bottom followed by... #2 | A bullish wave. Now we have a strong higher low, a bullish RSI and market conditions improving. #1 | The descending channel is present and lead to a failed consolidation that ended in a rounded bottom. This rounded bottom can be followed by... #2 | A bullish wave. 40/50% potential on the first jump. A total of 120% for the entire wave mapped on this chart. Thank you for reading. Namaste.
Long
by AlanSantana
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
Down Channel breakout on COMPHello guys ,Today i saw a Down Channel on COMP and i thought it will be a good setup. The price will hit the local support soon. open your position after you see a bullish candle.(wait,don't open your position fast !) the target is between 43 and 45.5.(it's safe to close your position). always pay attention to fundamental news.(it may ruin the position). it's just an idea , always do your research and analysis. don't forget to follow and boost this idea :) thank you.
Long
by Crypto2021_2021
COMPOUND COMP price ready for x2 growth?Today, we liked the Compusdt trading pair on global 3 days chart. It has not been analyzed for a long time, but now I liked that the Compusd price is moving in its own way, despite the maneuvers of the BTCusdt price. In general, Compound Protocol is in the top 10 in terms of volumes of blocked resources (TVL) in DeFi protocols Perhaps the individual behavior of the Compound price is somehow affected by this news: "DeFi project Compound has launched a lending service for institutional investors" Or maybe something more interesting is being prepared in the project, which we will find out after the COMP price shoots up) Summing up: while the COMP price is above $55, there is a good chance for x2 growth to the $100 area, where there is a strong liquidity zone. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
20
$COMP $COMPBTC #COMPBTC #COMPUSDT Bull Flag in Progress Here?I'm eyeing both the BTC & USDT pairing of COMP (Compound), which, although a little different, seem to be telling a similar story. COMPBTC in particular has my attention because the price has finally made it's way over the 200 MA on the day chart, which is huge. All the MA's are curling up nicely under the price, and it's making me think we've got just a few more days of consolidation (within a bull flag) before making a move up, possibly coming back and touching it, and then moving up higher. I think the USDT pairing will likely take off when the BTC pairing does, and probably spend the next few days consolidating as well, as the 100 day MA is crossing nicely upward with some other smaller time frame MA's on that chart. My target is appx 240, which represent some major price levels that can be seen on the month charts.
Long
by UnknownUnicorn1935796
$COMP so ready for a full blown reversal #comp #compusdtThe overall pattern is a massive inverse fibonacci that's had a 227 touch followed by consolidation, & now, a higher low. The price will, I suspect, now form a regular fibonacci and touch the extension marked, which lines with the last price level on the small time frame. I suspect it will retrace there slightly, then continue up further. My ultimate target (in the coming weeks) is around $240, where the MA's/price levels are on the month chart. I see the stoch rsi on the week turning up to support this theory.
Long
by UnknownUnicorn1935796