COMP - when is the best time to buy ?COMP has been moving in a downtrend for a long time. However, it is worth noting that recently there was a big drop and many liquidations, there is a huge volume at the bottom, which is a good signal. It is also worth noting that a trend line has been formed on the chart and the price is moving towards it. In case of a contraction and breakdown of the trend line, there could be a good buying opportunity.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
COMPUSDT trade ideas
COMPUSDT Analysis (LONGTERM)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 480 - 740 - 1040
after first target reached move ur stop to breakeven
stop: under 200 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 8
risk is justified
Good luck everyone!
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Open to your questions or suggestions.
COMP / USDT Possible Bullish- Phrase A is perfect.
- Maybe Phrase B was too short and this coin still have a lot of holders. Whales had been trying to create fear a long time, to absord more.
- Phrase C is shakeout with increasing volume and still a question (?).
- Phrase D is perfect too.
Price break above 535 will confirm Phrase E. Bullish trend confirm.
I put my stoploss at 196.
I think this is a good trade, good Risk/Reward ratio.
What do you think ?
Compound(COMP)Hello my friends . Once again, I bring you a very strong analysis with the Elliott Waves Strategy (Robert Miner style).
Compound(COMP) based on Elliott wave style analysis is currently in wave 3 (blue) from wave 3 (red). Wave 2 (blue) is supported in the area with strong static resistance, 100% Fibonacci time ratios and 62% and 78% Fibonacci price ratios. According to the DLB indicator in the weekly time frame, if the red line changes direction and downtrend line Be broken by the price chart, you can take a long position with the specified stop loss (240$). For the long-term goal, we projected 2,000 $ for the Compound(COMP)
--- Be profitable
--- To see the full video of Compound(COMP) analysis, refer to my YOU T channel .
COMPUSDT , We need correction for this breakwaveGood Night guys
Compound is one the most powerful project guys , read about it and how is it working
According to the chart that we published in vip club the breakwave activated our 2 buy zone and toward the breakwave , this wave need correction and the targets that we shown is in way of the price to reach .
Until the key point is not break and candle close above of them the trend is downward and this is scalp trading for traders.
Put Stop loss at the below of lower candle the this breakwave made.
But dont forget use stop loss and attention to money management
If you have any question send us messages
Good Luck
Abtin
COMPUSDT Trend and Wave AnalysisWave C is larger than wave B and can grow up to specified limits.
It is possible to pump COMPUSDT and it will definitely give more than 100% profit and if the leverage is used, you will get a profit of 2 or more times 200% or 500% with the 5 leverage. Of course, this is a personal opinion.
Comp target priceThis is not financial advice. The target is based on the Lord Skin Formula.
CMC
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.
COMP - Could Be Fireworks SoonCOMP is another one that has been showing a lot of compression relative to BTC.
Similar to HOT it has been in what appears to be a long and tight accumulation with BTC rallying hard.
Recently curling up -it looks close to breaking out with RSI showing hidden / bullish divergence and now rising above the middle band.
MACD also slowly rising to 0 also indicates breakout may be coming.
BUT
Similar to previous 2 longs covered, I dont like this setup with BTC so high and looking bearish.
If you followed my September alt breakout longs, BTC collapse crushed breakout moves which then for some became a fakeout, others continued on up but impetus was damaged.
So even with a breakout here I'm not really interested unless BTC is on an oversold bounce.
With a tight accumulation like this, COMP could very well breakout and a BTC collapse bring it back to the accumulation range. If that happens and BTC is oversold, then all good and COMP may be ready to rock.
But if COMP gets pushed down below this accumulation range then it can become heavy resistance. And that would be baaaad for the moon mission.
As with the others if I miss it I miss it, but really I don't lose anything staying in cash.
If there is a real breakout TP:
1st target around $750 for a 1:1 ABC
2nd target $1400-$1650 range as per fib projection / extension on chart - C wave extension.
Be aware that I'm bearish BTC mid-long term.
Patience pays well.
Not advice.
Long term play for COMPUSDTCOMPUSDT 1D TF entered into accumulation since Jun'2021.
When price hit below $280, there is obvious buying pressure coming in.
Accumulation is still ongoing but its almost complete, I do believe there is another retest of $230 range.
Play only for those willing to hold at least 3 months and above.
No SL, non swing trade.
Entry price: $200 to $250
Target: $490 (mid term); $800 (long term)