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Compound vs US Dollar

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COMUSD trade ideas

COMPUSD Technical Analysis Introduction Hello trading-view! COMPUSD might experience a 24% rise sometime soon. It has just put into action it's symmetrical triangle pattern by breaking to the upside, and right now seems to be the best time to get in. ============================================== Technical analysis COMPUSD is headed for 660$, and, as I said above, this is because of it breaking out of it's triangle pattern. Here is the rest of the information concerning the trade. Entry: 532$ Target: 660$ (24.07%) Stop-loss: 509$ (4.51%) Risk to Reward: 5.34 ============================================== Final thoughts I will keep track of how many winning/losing trades I've had to see if I'm actually any good. I really should have started this sooner, but better late than never. Win rate, average risk to reward, average % profit, average % loss, and total net profit will be at the bottom of any idea I post. This will be using only analysis I make public; it doesn't include any private trades I may take. Good luck and great trading everyone! (Links down below to all past successful trades). *not financial advice
COINBASE:COMPUSDLong
by NickTheGreatStockTrader
7
COMPOUND: More UpsideHello Traders, Compound recently made a new all time high breaking into the $300. Currently, I am waiting for Comp to retest the previous all time high and continue higher to complete its 1:1 measure move to $460. The lending protocols have been gaining a lot of attention as people are looking for more yield. AAVE, Celsius, and a few other have made a lot of gains over the past few weeks. It is about to be Compound turn to catch up to the rest of the lending protocols. Let me know your thoughts.
COINBASE:COMPUSDLong
by Abdorhman-Thi
2
COMP : Would like a handle just like ADA, ATOM, ALGO...I think BTC will go down to 25k starting somewhere tomorrow until early/mid feb. After that, i believe many many more institutions will join the crypto adventure , but first they want to get the price to 22-25k ofcourse. So while BTC is slowly going to 25k , COMP in this example will form the handle, so starting from tomorrow that is. IF btc indeed starts to rise again after 25k , let's say end feb/early march, it will take the alts with him thus letting coins like COMP, ALGO, ADA, ATOM, ... complete their handle and possibly start to moon. In case of COMP, if the pattern would complete itself, it could also be seen as an inverted H&S (if you include price action starting at 12 aug 2020) , giving the same end result. Target in chart. ( so we are short in short term to form the handle , but we are long in mid term after handle formation. I'm excited to see if i can get confirmation on all of this... Not financial advice ! Goodnight for now !
BINANCE:COMPUSDLong
by ShotGunJoe83
2