COMP getting support and aiming 52!1D time frame
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COMP just got support from uptrend.
This is a good buying opportunity.
Do not miss it!
Target: 52~54
SL: 29.6
COMPUSDT
COMP / BTC (bottom here)hello dear trader
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.
To learn more about this project, check out our deep dive of Compound.
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.
Comp Getting ready For 25% bullish Wave Breaking falling Wedge In h4 timeframe incase of breakout expecting 22 to 25% Bullish wave
Nice risk/reward ratio for COMPCOMP is currently chilling at daily support level and right at the bottom side of the huge triangle, showing RSI divergence on 4h and 1d time frames. Giving possible upside move with more than 50% and small risk with stops below support & trend line could be a nice play.
Bulls Defend Critical Support: #COMPUSDT Shows Signs of Uptrend🐂 #COMPUSDT bulls fiercely defending the $38 area, where the 78.6% Fibonacci support was twice rejected. The recent price action reveals a clean rebound off the uptrend trendline and the critical VolumeProfile demand zone.
If this massive support continues to hold and #COMPUSDT can produce a new higher high, it is highly likely that we will see a continuation of the bullish trend. The next resistance level to watch is at the $50 mark.
COMP: ENTERING NEW S VOLUMEtechnical analysis shows an exciting view for COMP where it enters a new Smart volume.
We will follow COMP coming time to see if it can get a new confirmation for a breakout.
At the same time, COMP is also one of the cycle coins that have DCA increasing.
COMP : IS BACK FOR 2023 (CYCLE)COMP did play an important time before the breakdown trend, and it seems that's back for the 2023 trend.
It's interesting to follow and to see where COMP can increase.
This seems new cycle what could bring Comp to higher target, and our first expecting target is $64
COMPUSDT Initial Long - Oversold1D chart. Posting for future reference. (bored, cant write extensive explanation on :long: decision)
CPMPUSDT. SHORT setupFrom 3 days ago ,Comp moves between 38to 41 .
enter it with low margin. BITSTAMP:BTCUSD BINANCE:COMPUSDT
COMPUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 65 - 80 - ~95
after first target reached move ur stop to breakeven
Stop: ~36 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 8
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
COMP USDT | two trade opportunities !!Hello Traders,
#COMP/USDT just broke the resistance level and the next major resistance will be 47 and I think this resistance is powerful enough to make the price decline a bit.
so, we may open two trades,
The first trade is trading the current resistance
🟢Entry price: from 42.5 to 40
🎯Target will be 47
🔴Stop-loss: closing daily under 40
the second trade opportunity is trading the breakout of 47 resistance level
🟢Entry price: closing daily or 4h candle above 47 resistance level
🎯Target:
-> 58
-> 64
-> 70
🔴Stop-loss: closing daily under 47 (the resistance that became the current support)
compAt the moment, inside the box is suffering, after passing through the roof of the channel, you can see the higher targets
COMP IS BULLISHHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the COMP symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
COMP♻️LONGCOMPUSDT
LONG
All the necessary points are mentioned on the chart
As progress i will update you
Support us
This is not a financial advice do at your own risk
Compusdt Chart Is Looking Good For Mid-term Compusdt
Chart Is looking Bullish in higher time-frame
Expecting 100-200% Bullish move in mid-term
Note : Always Manage Risk / Trade with your own research
ComP inTERESTCompounding interest who dont love that
Withdrawal also do
so if this market goes exponential i always think of all the withdrawal
after the ROI
let me just leave it here
Note: BSL Buy side liquidity
SSL Sell side liquidity
Req low Relative equal low
Green and red box Fair value price will seek for
Thx for reading. Expert traders Rocket boost
What i really wish for; in the coming days after cpi
Now we are all awre that we are accumulating liquidity both side of the market
I wish to stay Neutral But an Old WISE MAN ONCE SAID
GO SHOPPING WHEN THERE IS BLOOD IN THE STREET
LMAO WARREN
ICT STUDENT
This is not a financial advice OR TRADE SIGNAL
DYOR
COMPUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart. (update)
Nothing has changed from my last idea, first target already reached, stop in breakeven(38)
next targets 75 and 95
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
COMPUSDT...my new sh*t idea!BINANCE:COMPUSDT
nice chart setup
it's bullish since a while
now you can trade a buy if you check the below chart ( or just don't )
disclaimer: NOT MY RESPONSIBILITY
#STOP_BEING_POOR
COMP to MOON#COMP is preparing for breakout and rise to $173.
Take long position after breaking trend line.
Compusdt Getting ready for Bullish move Compusdt
Breaks successfully lacal resistance & Also forming bullish pennant in 4h time-frame
Better is to wait for breakout confirmation expecting 30% Bullish Move
Do your own research,
Always manage risk
