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Compbtc

COMP/BTC LongCOMP/BTC is one of the more undervalued DeFi Bluechips: As the governance token for a well executed lending and borrowing platform with a TVL of ~$9.42B, a market cap of only ~$2.35B is not a worthy valuation for what this protocol offers. Coupled with the fundamentals. the COMP technicals look primed for expansion upward. The Madrid Moving Average Ribbon has twisted green which is an early indicator of trend change, signaling that a new uptrend will be starting. Price has broken out of a bull pennant and retested the top diagonal as support ready to make a move up to the long term diagonal down trend line (orange) and once price confirms and S/R flip there, we should see forceful price movement potentially to the 0.618 fib retracement line around .019708
Long
by Hrempe
Compound (COMP) - March 25Hello? Dear traders, nice to meet you. By "following" you can always get new information quickly. Please also click "Like". Have a good day. -------------------------------------------------- ----- We have to see if we can get support and climb in the 309.65-323.78 segment. If it falls between 309.65-323.78, Stop Loss is required to preserve profit and loss. In order to turn to an uptrend, it must rise above the 385.64-423.64 section and gain support. In particular, it remains to be seen if it can rise above the uptrend line (2). ------------------------------------------- (COMPBTC 1D chart) You need to make sure you get the support at the 0.006573 point. In order to turn into an uptrend, it needs to rise above 0.008439 and gain support. -------------------------------------------------- ------------------------------------------- ** All indicators are lagging indicators. So, it's important to be aware that the indicator moves accordingly with the movement of price and volume. Just for the sake of convenience, we are talking upside down for interpretation of the indicators. ** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.) ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop Loss point or section S: A point or segment that can be bought for profit generation as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day. G1: Closing price when closed G2: Cigar at the time of opening (Example) Gap (G1-G2)
by readCrypto
Comp Token Price at Resistance zoneComp cryptocurrency token price at the trend line support breakout above the resistance will send the price higher. Comp cryptocurrency trade looks really good when price take above the 9300 satoshi , bitcoin price also looks good and more stable above 45000, bitcoin price must hold above the 45000 usd will stabilize all the alt crypto token. you can add some comp token and wait for price to breakout the resistance zone. After breakout of the 9300 sats price will move higher
Long
by TheLightCrypto
1
It's a great buy opportunity in COMPBTC @compoundfinanceTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.007980). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . COMPBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 0.009700 TP2= @ 0.011300 TP3= @ 0.013620 TP4= @ 0.016600 TP5= @ 0.019640 TP6= @ 0.022900 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
24
It's a great buy opportunity in COMPBTC @compoundfinanceTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.007980). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . COMPBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 48. Take Profits: TP1= @ 0.009700 TP2= @ 0.011300 TP3= @ 0.013620 TP4= @ 0.016600 TP5= @ 0.019640 TP6= @ 0.022900 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity
14