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COMPUSDTPERP

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
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
Will DEFI Continue to Correct?DEFI has been a huge part of the crypto market as of late. So it is important to keep an eye on the index for this group. Today we will be looking at the DEFI ticker and see what we can find out. Let’s hop onto the chart! So since the market topped, we have watched the DEFI downtrend take place. There are some signs of a reversal here, but we need to see a higher low be put in on the price and the RSI to be sure of a reversal. Right now, we are seeing a failure on the trend line, but we could see the 61.8% retracement act as a support. If we fail here, we will likely go down to the 78.6% retracement and put in a lower low. This would likely create a second bullish divergence and we would feel comfortable taking a long position if this occurs. Overall, it looks like the trend will continue for now. Happy Trading!
FTX:DEFIPERP
by derzzycharts