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Compound

📊 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.
by ShawnMCR
14
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.
Long
by MasterAnanda
5
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.
Education
by DeGRAM
3
🆓Compound (COMP) Apr-17 #COMP $COMP COMP is still holding on to its price after a strong rally from April 12. This could help COMP move further to the $200 zone in the near term. However, if it loses the $140 zone, it will continue to plummet and the support zones we might consider buying are at $125 and $110. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 140$ zone 🔴Buy : 140 🔴Sell : 160 - 180 - 200 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 140$ zone 🔵Sell : 140 🔵Buy : 125 - 110 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
COMPUSD forming a long-term market bottomCompound (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 since September 07 2021. In the meantime, the 1D MA50 has been supporting since March 27. Another bullish structure pointing to a break-out is the fact that the 1D RSI has been on Higher Lows since January 22. A safe trade would be to buy once the 1D MA200 breaks. The higher Fibonacci levels can be used as rough targets: 0.618 at 380.00 and 0.786 at 535.00 -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
BINANCE:COMPUSDLong
by TradingShot
COMP (Compound) Token Analysis 04/03/2022Fundamental Analysis: Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform. When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed. On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold. Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $1.2 Billion in total locked value. According to Compound, the majority of cryptocurrencies sit idle on exchange platforms, doing nothing for their holders. Compound looks to change this with its open lending platform, which allows anybody who deposits supported Ethereum tokens to easily earn interest on their balance or take out a secured loan — all in a completely trustless way. Compound’s community governance sets it apart from other similar protocols. Holders of the platform’s native governance token — COMP — can propose changes to the protocol, debate and vote whether to implement changes suggested by others — without any involvement from the Compound team. This can include choosing which cryptocurrencies to add support for, adjusting collateralization factors, and making changes to how COMP tokens are distributed. These COMP tokens can be bought from third-party exchanges or can be earned by interacting with the Compound protocol, such as by depositing assets or taking out a loan. Everything on Compound is handled automatically by smart contracts, which act to mint cTokens after Ethereum and ERC20 assets are deposited, and allow Compound users to redeem their stake using their cTokens. The protocol enforces a collateralization factor for all assets supported by the platform, ensuring each pool is overcollateralized at all times. If the collateral falls below the minimum maintenance level, it will be sold to liquidators at a 5% discount, paying down some of the loan and returning the remainder to an acceptable collateralization factor. This arrangement helps to ensure borrowers maintain their collateral levels, provides a safety net for lenders, and creates an earning opportunity for liquidators. Compound was founded in 2017 by Robert Leshner and Geoffrey Hayes, both of whom previously worked in high-profile roles at Postmates — an online food delivery service. The two continue to hold executive positions at Compound Labs, Inc — the software development firm behind the Compound protocol, with Leshner currently serving as CEO, while Hayes is the CTO. Though both founders have experience founding successful companies, Robert Leshner, in particular, has been particularly active in helping to grow the blockchain space, and has publicly invested in popular crypto platforms including Argent Wallet, Opyn, and Blockfolio. The Compound team now comprises over a dozen individuals — almost half of which work as engineers. Like many digital assets, only a fixed number of COMP tokens will ever come into existence. The total supply is capped at 10 million COMP and as of writing, less than 67% are in circulation (~6.7 million). Out of these 10 million tokens, just over 4.2 million tokens will be distributed to Compound users over a 4-year period. The second biggest allotment (almost 2.4 million COMP) goes to the Compound Labs, Inc shareholders, whereas 2.2 million tokens will be distributed to the Compound founders and current team with a 4 year vesting schedule. Finally, 775,000 COMP are reserved for community governance incentives and the remaining 332,000 tokens will be allocated to future team members. The exact rate of COMP emission is subject to change over time, as voters are able to increase or reduce the emission rate by passing a proposal through community governance. The current CoinMarketCap ranking is #90, with a live market cap of $1,021,434,119 USD. It has a circulating supply of 6,686,099 COMP coins and a max. supply of 10,000,000 COMP coins. We have analyzed the Market Capitalization of this Asset: Technical Analysis: Looking at the current Price Levels, we can easily notice that the Price is Reneging below the 78.6% Fibonacci Level, and had fallen to the lower levels such as 85% and even 90%. these levels can be counted as the Undervalue or discounted Levels. There exist Bullish Divergence of Price Value and MACD , which the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new Economical Cycle. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is at 85% Retracement level from its ATH; it means that, it has broken the 85% Retracement as the Resistance level and had rechecked it backed and it has been Proved to be the support area . The Fibonacci Tools have been Drawn From 0$ to the ATH, so the Specified Levels are well Defined and Proved. The Asset is at the Accumulation Level Currently, which means soon the smart many will Flow in it and the Price Value will get Pump and Appreciates. Probably we may not again see this 90%, 85% Retracement Level or bellow in the current cycle. Our Past Analysis: Initial Acquisition:
Long
by BitonGroup
2
COMP (Compound) Token {Market Cap} Analysis 03/04/2022Fundamental Analysis: Like many digital assets, only a fixed number of COMP tokens will ever come into existence. The total supply is capped at 10 million COMP and as of writing, less than a third are in circulation (~3.3 million). Out of these 10 million tokens, just over 4.2 million tokens will be distributed to Compound users over a 4-year period. The second biggest allotment (almost 2.4 million COMP) goes to the Compound Labs, Inc shareholders, whereas 2.2 million tokens will be distributed to the Compound founders and current team with a 4 year vesting schedule. Finally, 775,000 COMP are reserved for community governance incentives and the remaining 332,000 tokens will be allocated to future team members. The exact rate of COMP emission is subject to change over time, as voters are able to increase or reduce the emission rate by passing a proposal through community governance. The current CoinMarketCap ranking is #90, with a live market cap of $1,021,434,119 USD. It has a circulating supply of 6,686,099 COMP coins and a max. supply of 10,000,000 COMP coins. Technical Analysis: There exist Bullish Divergence of Price Value and MACD , which the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new Economical Cycle. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is at 78.6% Fibonacci retracement level; it means it has broken the 78.6% Fibonacci Retracement as the Resistance level and had rechecked it backed and it has been Proved to be the support area . The Fibonacci Tools have been Drawn From 0$ to the ATH, so the Specified Levels are well Defined and Proved. The Asset is at the Accumulation Level Currently, which means soon the smart many will Flow in it and the Price Value will get Pump and Appreciates Probably we may not again see this 78.6% Fibonacci Retracement Level or bellow in the current cycle.
CRYPTOCAP:COMPLong
by BitonGroup
7
🆓Compound (COMP) Mar-30 #COMP $COMP Just had a very strong buying force of COMP and helped it conquer the $130 area and turn this zone into its support at this point. We can accumulate more COMP near the $130 zone for the $170 and $200 targets in April. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 130$ zone 🔴Buy : 140 - 130 🔴Sell : 170 - 200 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 130$ zone 🔵Sell : 130 🔵Buy : 110 - 95 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
Compound vs Tether Very Strong 250%, More Advanced Than COMPBTCCompound vs Tether is looking better than COMPBTC. COMPBTC has higher potential for growth based on the chart technicals but COMPUSDT is already above EMA10 and... We have strong trading volume. 3 Consecutive green weeks/candles. A higher low compared to Nov. 20 2021. Bullish cross on the MACD and RSI. The same falling wedge pattern. And as I just mentioned, prices trading above EMA10. These are all bullish signals on the weekly timeframe, which makes them 7 times stronger than the daily timeframe... Something good can happen next. Namaste.
Long
by MasterAnanda
7
Compound High Potential For Growth, Strong Bullish Signals 700%+Compound (COMPBTC) is looking really good, we will focus on the main/classic signals once more. The classic falling wedge, beautiful. The TD Sequential went through a perfect -9 and is starting to turn. We have bullish divergence with the MACD and RSI (this is the weekly timeframe). We have a bullish cross also on both indicators mentioned above. The compound developers team are also changing the projects structure to reduce its rewards by 50%, which is also stimulating its prices growth. The above signals are all bullish, we are looking at over 250% potential and up to 725% for the full bullish jump. Namaste.
Long
by MasterAnanda
2