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COMPUSDT

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
COMPUSDT - Buy buyPrecondition: Global trend down Local trend up What Is Compound (COMP)? 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 $800 million in total locked value. You will learn the best place where we can trade this instrument at low risk. Write in the comments all your questions and instruments analysis of which you want to see. Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU. P.S. I personally will open entry if the price will show it according to my strategy. Always make your analysis before a trade
Long
by Yuriy_Bishko
7