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Compound

COMP looking goodPlease feel free to share your view on this pair down below in the comment section. I'm more than happy to be challenged and have an interaction on this idea. Also make sure to leave a like as it helps me out a lot! ------------------------------------------------------------------------------------------ Compound is one of the top 100 coins which have had a tough time competing with the surge in BTC price. So if you're looking to move some of your BTC profits into an altcoin, Compound could be a smart choice. - In the Golden Pocket - RSI oversold - Volume declining How far do you think Bitcoin could go?
Long
by Coinathlon
COMP 12h x2 done, it's time to correct down1.5 months have passed since the previous COMP idea publication , it's time to update it. So, since the previous forecast, the COMPUSDT price has fixed the low at $80.62 , and our thoughts coincided with the market situation. Further, we saw a steady growth and x2 to the COMPUSDT value. $180 is the high that buyers managed to fix, and then sellers began active. At the moment, everything below $158.5 is under the control of sellers. They built the falling price channel, over time we will check how technically it works out. While the price is in sellers' control zone, the most likely route for us is the COMP price move to $123 - a small bounce - a continuation of the fall to $100. So far, without cardinally negative thoughts, but the level of $38, just in case, we will leave on the chart. _____________________ Since 2016 , we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5
COMPBTC Breaks Descending Channel (Over 350% Mapped)Take a look at this descending channel... It has been broken and prices are now above the EMA21 line. We are seeing bullish action develop since Nov. 5th. The RSI is now looking good with bullish divergence and higher lows: It is already moving higher, with lots of room left for additional growth. Additional information and targets can be seen on the chart. The red dashed-line works as the last low and can be used as a stop-loss as well. (We use manual stop). Feel free to share your thoughts in the comments section. Only hit LIKE if you enjoyed the content, it was useful to you in some way, or if you want to show some support. If no, then don't hit like... Namaste.
Long
by MasterAnanda
3
COMP/USDT 8h (Binance Fut.) Descending channel breakout & retest#Compound is pulling back to give us entry after that clear breakout of parallel channel. I believe this is a new opportunity to long it before a possible bull run! Current Price= 107.06 Buy Entry= 107.03 - 102.23 Take Profit= 116.77 | 123.26 | 133.20 Stop Loss= 96.51 Risk/Reward= 1:1.5 | 1:2.29 | 1:3.52 Expected Profit= +23.20% | +35.62% | +54.62% Possible Loss= -15.52% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 2x Estimated Gain-time= 480h
Long
by TradingOn
Possible trend reversal confirmation and next resistance levels*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:COMPUSDLong
by CryptoRush_
4
Can it hold above these KEY levels of support to go higher?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
COINBASE:COMPUSDLong
by CryptoRush_
3
✳️Compound/USDT (27/10) #COMP $COMP #COMPUSDTCOMP is continuously breaking the lowest levels so we should not expect too much on this coin. Currently, selling pressure has subsided and COMP is looking to rebound with Inverse Head & Shoulders. This pattern will be formed if the COMP fails to break the 92$ bottom and bounce back to break the 108$ zone. The target is the 120$ zone. The main trend of COMP is currently moving sideways in the 90-120$ zone. COMP will continue to bottom out if it breaks below 90$
Long
by CryptoStation
COMP 1D. Next Potential Bottom Range is $72-80.Briefly about the protocol. The Compound Platform is a Defi lending project developed on the Ethereum blockchain. Basically, any cryptocurrency owner can deposit it into a smart contract, where it joins the liquidity pool and starts generating interest. So far, the Compound protocol supports the following altcoins : ETH, DAI, SAI, USDC, USDT, WBTC, ZRX, BAT, REP. We have seen a strong downtrend since September. However, there was a light at the end of the tunnel! After sellers tested the mark $94. The price exited the falling channel and attempted to break the level $107.5, which would open the way to $123. However, it could not be done and the light went out at the moment. In our opinion, the scenario of the COMP price returning to the falling channel is more realistic. Moreover, we think that the token will renew its historical low and stop in the range $72-80. An alternative scenario is possible only after fixing above $107. If we see such a probability, we will immediately publish an idea about it! ________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
Compound (COMP) - October 10Hello? Hello, traders. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- At this time, the downtrend cannot be seen as overflowing. You have to wait until you get the same flow as A. You need to make sure it can move like the B flow shown on the Volume indicator. I think we can say that we are out of the downtrend by going sideways by rising above 162.08 points on the current chart. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
by readCrypto