COMP | Seems like Ready to FLY..!!
#COMP Descending Channel Formation in Higher timeframe Chart..!!
Major Trendline Resistance getting Weaker & Buying Volume Coming in, Expecting Breakout.
In Case of Upside Breakout, Expecting 2-3x Bullish Rally in the Midterm..
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Compound
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 $100 area, where there is a strong liquidity zone.
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$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.
COMP is trying to breakout Rising wedge pattern Hello guys ,Today i saw an interesting wedge pattern on Compound and i thought it will be a good setup.
open your position after breakout.(wait,don't open your position fast !)
first target is between 43.00 and 47.00.(it's safe to close your position)
but if it's going to break the first Support Area , you can close your order between 26.00 and 29.00.
it's just an idea , always do your research and analysis.
don't forget to follow and boost this idea :) thank you.
COMP USDT SHORT SWING| COMPUSDT | SHORT @ 52 - 50 | TP @ 49, 48, 47, 46, 45 | SL @ 58 | PATTERN = TRIPLE BOTTOM BREAKDOWN | COINBASE |
TRIPLE BOTTOM BREAKDOWN ON BPI CHART HOURLY
Swing trade idea. Kindly follow targets and stop loss. Will update with new targets once all 5 are achieved. Mostly trading with PNF charts, MACD, RSI, Stoch, BPI, Cipher, MA/EMA, Support/Resistance on hourly timeframes and higher time frames
COINBASE:COMPUSD BINANCE:COMPUSDT BINANCE:COMPUSDTPERP BINANCE:COMPUSD BITSTAMP:COMPUSD BITFINEX:COMPUSD FTX:COMPUSDT BYBIT:COMPUSDT
Compound Is Ready To Grow Strong After Hitting Bottom (75-150%) For Compound (COMPUSDT), the bottom was confirmed as soon as we saw the highest volume in many months 25-June.
But we could spot this type of action happening even before that through the 'bottom volume method' explained in a recent article.
As COMPUSDT now trades above EMA50, the bulls are in full control of this chart.
The next target is set at 75%.
It can go higher to 150% in the weeks ahead.
Namaste.
Compound Analyze (Short Term)!!!🔨The Compound runs near the upper line of Ascending Channel and is making the Shooting Star Candlestick Pattern at 4H timeframe(Reversal Pattern).
I expect Compound to go DOWN at least to the lower line of Ascending Channel, and probably it can break the channel to break down.
Compound Analyze Analyze ( COMPUSDT ) Timeframe 4H⏰ (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Compound Analyze (Short Term)!!!The Compound runs near the lower line of Ascending Channel & PRZ (Price Reversal Zone).
I expect Compound to grow UP at least( 10% ) to the middle line of Ascending Channel and Pitchfork's line.
Compound Analyze Analyze ( COMPUSDT ) Timeframe 4H ⏰ (Log Scale)
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Compound vs Bitcoin Long-Term (Bullish Confirmed)The bullish bias has now been confirmed for Compound.
We are looking at COMPBTC but also COMPUSDT has gone bullish.
Notice the candle marked 13-June.
The Doji with -8 TD Sequential count marks the low.
The full green candle that follows confirms the low.
The current candle with a long wick below EMA10 (0.002376) just to recover and close the week above this level confirms the bullish bias.
With these signals in, the low, bounce and test of short-term support, we can expect prices to start moving up.
A change of trend = Long-term growth.
Long-term growth = Higher highs and higher lows.
Namaste.
Compound Cup & Handle Breakout Target (45%)We have a perfect C&H pattern now breaking bullish on the COMPUSDT chart.
We have high volume, green candles and bullish indicators...
This is all pointing higher.
The target is set at 45% from the current prise based on the chart pattern.
There can be additional growth.
Namaste.
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Disclaimer: All the information shared here is intended for learning and/or entertainment purposes only.
Make sure to do your own research and build a plan/strategy before trading.
Compound vs Bitcoin | Triple ReversalGood Sunday my fellow cryptocurrency trader, we will focus on 3 signals only for Compound vs Bitcoin (COMPBTC) today.
Feel free to support our work in whatever way you see fit!
Let's get started!
COMPBTC 3X Bullish Chart Signals
(1) Full Green Candle (Break above EMA10)
Today's candle is full green on rising volume.
This candle is also breaking a downtrend;
Breaking above EMA10 after a Doji...
(2) Doji Candlestick
-8 Doji at a new low closing green predicts this weeks candles.
(3) RSI Bullish divergence
A very strong divergence on the RSI with more than a year in place.
Compound looks good vs Bitcoin.
Namaste.
TOP 10 Altcoins Growing Big This SummerThe Altcoins are starting to awaken and we are going to see some big winners in this upcoming Altcoins market bullish wave.
Hit like and let's get started right away...
(0) BITCOIN (BTCUSD)
To start, we have Bitcoin which is still consolidating slowly but whom will soon speed up.
We are expecting to the see the king move BIG first...
Bitcoin 3D | Volume + Reversal Candle + RSI (100% to 120% Next)
Now, let's look at the major Altcoins.
(1) ETHEREUM (ETHUSD)
Ethereum is the queen of crypto, the #2 cryptocurrency/#1 Altcoin, and is surely showing plenty of room for growth.
We are seeing over 100% of potential on the below chart:
Ethereum 3D Oversold | Comparing To Bitcoin (170% to 200% Next)
(2) SOLANA (SOLUSD)
We are looking at the potential target for the upcoming relief rally for Solana and we set it at $98...
There is more, see the analysis below:
Solana Long-Term | Potential Target Set At $98.5 (Bear market)
(3) CHAINLINK (LINKUSDT)
We have a full cycle depicted on this chart...
From the current price to the All-Time High, we can see a nice profits potential of 650%+.
Chainlink Long-Term (650% Potential Profits To All-Time High)
(4) CARDANO (ADAUSD)
Cardano has been a TOP cryptocurrency project since the day it launched.
Cardano is definitely one of the most popular ones, we've been tracking it daily and it has huge potential for growth.
This is the latest trade idea... Short-term target set but there can be more!
Cardano Wider Perspective | Easy 15% (10X Lev. = 150%) & More...
(5) STORJ (STORJBTC/STORJUSDT)
Not really one of the top ones but one of the best moving so far...
There is room for additional growth!
Storj Goes Bullish vs Bitcoin (Easy 50% + More)
Storj High Volume Breakout (100% to 235% Mapped)
Let me know in the comment sections what you think about these Altcoins.
Make sure to share your own favorite Altcoins in the comments section below!
5 BONUS PAIRS
Here are five additional Altcoins that are set to grow/big strong in the weeks to come.
(6) AXSUSDT | Axie Infinity | Mapping 100%+ Target + Cryptocurrency Trading
(7) COMPUSDT | Compound Bottomed Out! 230% Potential Profits Next!
(8) XLMBTC | Stellar Goes Bullish Long-Term (100% to 190% Potential Targets)
(9) GMTUSDT | STEPN Trade Signal (122% Potential Profits)
(10) UNIBTC | Uniswap Giant Falling Wedge (Long-Term W/ Fibs)
Thanks a lot for reading and for your continued support.
Remember to hit LIKE for more.
Namaste.
Compound (COMP) formed huge Gartley for upto 856% big pumpHi dear friends, hope you are well and welcome to the new trade setup of Compound (COMP) token.
On a monthly time frame , the price line of COMP has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
📊 COMP broke the downtrend channel. What's next?Hello, dear TradingView members.
This idea is a COMP analysis.
COMP also broke the downtrend channel a few hours ago, and we're waiting for more confirmation.
The upper band of the downtrend channel can confirm the breakout and work as support.
Another support level is also static and shown on the chart.
The price is now testing a resistance area, and it can reach the potential targets shown on the chart in case of crossing.
Scenario one:
The price will increase, and the buy volumes in the market can help the price reach the potential target levels.
Scenario two:
The price will lose Buy volumes, get rejected by the static resistance level, and fall into the support zone.
RSI is showing overbought signals, so be careful with your long positions.
The Speedometer indicator shows Sell volumes on the market for COMP on a 1D interval.
Now have in mind: ANY news about this coin can cause a big pump or dump at this moment!
Let me know if you guys have any questions;
I will be more than happy to help.
Good luck, and thank you.
Compound Bottomed Out! 230% Potential Profits Next!We are looking at Compound (COMPUSDT) and after two days of bullish action finally a break above EMA10 happens, signaling that the bulls are now in control (candle closure needed for full bullish confirmation).
Notice that the trading volume is still at basically zero.
The RSI made a strong jump and the MACD is showing a bullish cross.
Once the volume comes in, the value of COMPUSDT can have a sudden jump.
It will be fast.
It will be profitable.
It is entertaining and fun.
Buy. Sit back relax watch and enjoy.
Namaste.
THE MAGIC OF COMPOUND INTERESTEach of us wants to get rich in order to fulfill our dreams: to fly around the world, buy a car or a house, and maybe even buy a plane.
Investing can help make a dream come true, but not everyone has enough knowledge to make money trading.
And what to do?
Capitalization magic increases numbers to high values very quickly. Naturally, it also works with money, but a little slower. This is called compound interest, and that's what we can use now, no matter how deeply you understand investments.
The most frequent advice in the financial sphere is to accumulate your funds and invest them as early as possible. When you start accumulating as early as possible, time is on your side, and the accrual of compound interest plays a big role in this. The best way to demonstrate compound interest in action is the following example.
There is Louis and Jen, both 20 years old. They are given the opportunity to make a long-term investment with a starting capital of $ 5,000 at 10% per annum for the next 45 years. And they have to make a choice:
1. Annually collect the earned interest or
2. Reinvest interest income annually.
Louis likes to get paid. He already has ideas on how to spend the first interest payment. However, Jen is looking to the future. She decides to reinvest them.
Louis invests his funds and receives the same income of $500 every year.
Louis is happy to take his $500 every year. After 45 years, nothing changes for him. He still has his original $5,000 and 45 years of interest spent.
The power of capitalization
Jen is obsessed with savings. She knows that over time, interest will bring her much more money.
The first few years of capitalization are pretty boring, but Jen waits patiently, because every year her interest income is higher than in the previous one. Little by little, but the snowball effect is gaining momentum.
Around the ninth year, the picture becomes fascinating. Jen gets enough interest income to double her first deposit. Soon, the interest income exceeds her initial investment amount of $5,000. And she gets a percentage of her interest. This is the power of compound interest.
Imagine what Jen could have done if she had invested $5,000 in work every year for the same period of time. Currently, 10% look too optimistic, but let's take, for example, that she earned 6% annually on this money. At this interest rate, Jen's total income would be $1,196,363 (by the way, at a rate of 10%, her total income would be $4,318,429).
Rule 72
Rule 72 is a simple way to estimate the time required to double an investment based on a fixed rate of return. If you divide 72 by the rate of return, you get an approximate number of years during which the investment will double.
For example: if you invested $ 1000 at 4% per annum, then in order to turn your investment into $ 2000, you will need about 18 years (72/4 = 18).
Using this formula, you can also determine the rate of return needed to double your money in 10 years: divide 72 by the number of years, 72/10 = 7.2%.
Regardless of the investment instrument, whether it's bond yields or dividends, Rule 72 gives you an idea of how long it takes to double your money at a given interest rate.
Don't let it work against you!
No matter how good capitalization looks, there are 4 factors that weaken it and work against you:
• Inflation. There are ways to avoid or reduce this risk;
• Taxes. Taxes eat up profits, so use tax-advantaged accounts like IRA and 401k's;
• Expenses. For example, taxes, fees and commissions also eat up profits. The less you pay them, the better;
• Time. The longer you wait, the less profit is accrued to you under the compound interest system.
The basics of mathematics do funny things with money over time. In the early stages, compound interest acts slowly and brings little income, and this is probably why many people ignore it in the early stages. But once it starts, it speeds up exponentially the longer you let it go. If you don't have a billion dollar idea in your mind, then compound interest is the best thing you can use to increase your funds and achieve wealth.
Don't waste your time, be patient and use compound interest correctly.
COMP | Compound Bearish Descending Triangle Indicating -30%COMP is forming what looks like a descending triangle. Volume is dropping and COMP's price has just crossed the MA50, which didn't offer much support.
Once Compound closes below $115, I think it's safe to assume that COMP is going to test its November 2020 low at ~ $80.6.
Let's see how this plays out.
Thanks for your support.
Have a good one.