COMP/BTCIs it me or is this set up as about text book as it gets? Cup and handle set up beautifully here 8)! I would at least expect this to run back up too the .0226 sat area. Of course btc could crash to low 9’s and invalidate this idea, but still worth the risk IMO with a stop right below the bottom of the cup. Good luck!
Compbtc
$COMP, Pushing hard over the last 48hs (~25%)$COMP
Pushing hard over the last 48hs (~25%)
Hard to get an R/S flip or even a retest at high timeframes..
Zooming in, opportunities are easier but reaction times are shorter too!
Currently crossing over ~.02 sats resistance, if manage cross/flip it, then ~.022 next
#COMP
Compound (COMP) Support & Resistance Levels MappedWe looked at Compound (COMPBTC) right before a very strong bullish move... We hit it perfect and now we get another wave.
COMPBTC is looking really strong after 4 consecutive green candles.
Prices are trading above EMA50 and aiming to challenge the last peak.
We have strongly bullish indicators and multiple bullish signals... COMPBTC can continue growing.
The next targets, as well as support levels, are marked on the chart.
Namaste.
Crazy COMPOUND potential !COMP show interesting signs after retrace Wave 1 to 0.618 FIB. Same for COMPBTC pair.
Potential looks crazy even considering first Wave 3 target at 1.618 (based on Elliot waves analysis). DeFi hype could help.
We do not have a lot of datas for the moment so we have to follow. Let's see
See u
COMP/BTC (Retest Golden Fib Support?)COMP/BTC
-Compound is now down by -30% from the recent high
-It is approaching a key area of support
-This zone is a confluence of Golden Fib, 200ma&50ma plus key trendline
-If we can see Bullish rejection at this zone
-This will give a strong bias of potential bounce up reaction
-I'll be watching this area if this level will be tested
COMP/USD (Short Term Uptrend?)COMP/USD
-With the help of Cross Ultimate indicator, we manage to find the good entry position
-The perfect entry was the breakout of local resistance at $141
-Also, the Cross Ultimate indicator gave us a strong bias of reversal signal
-The price started increasing and hits all our Take Profit targets
-I do not recommend to enter at current market price
-Please wait for the pullback at potential support located around $211
Compound (COMP) Project Overview + Fib. LevelsAbout Compound
Compound (COMP) is an ERC-20 asset that powers the community governance of the Compound protocol; COMP token-holders and their delegates debate, propose, and vote on changes to the protocol.
By placing COMP directly into the hands of users and applications, an increasingly large ecosystem will be able to upgrade the protocol, and will be incentivized to collectively steward the protocol into the future with good governance.
Source: Coinmarketcap.com
Website: compound.finance/governance/comp
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Compound (COMPBTC) caught my attention recently... This one is available for trading on Binance, Bittrex, Coinbase, Okex, and HitBTC... More exchanges than usual.
When you look at the COMPUSDT pair, this one is available on Poloniex, KuCoin, and FTX, reaching all major exchanges.
Compound (COMPBTC) Chart Analysis
This one has little history and the potential to bounce from current prices...
But there aren't any strong bullish signals, prices can as easily continue lower.
This is not financial advice.
Namaste.
COMP/BTC | Falling Wedge Formation...!!#COMP/BTC (Update)
Forming Falling Wedge Pattern in 8h Chart,
Major Indicators turning Bullish & Volume has also Been Decreasing (Bullish)
Expecting Upside Breakout So Keep Your Eyes on it.👁🗨
Targets Are MENTIONED in Chart..!!
Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments Section..!!
Thanks for Your Love & Support..!!
COMP.BTC (Y20.P3.E1).Keep an eye on itHi All,
This one is odd one to TA, COMPOUND as a newly introduce Defi, and trying to get the right level is all guesses, however its a challenge and if one keeps an eye on it, you never know when it will explode up.
Recently I read a news article giving it favorable reviews.
"Compound’s New Custodial Wallet Could Spark Institutional Interest in DeFi"
Key Takeaways
> The most used DeFi lending platform, Compound, has integrated Curv—a digital asset custodian focused on institutions.
> For now, only deposits are available, but Curv has plans to enable borrowing later.
> Though the Compound-led decentralized finance (DeFi) sector is rapidly growing, it’s still very small compared to the traditional multi-trillion financial services industry. This may soon change, however.
In the realm of near-zero and negative interest rates, decentralized platforms present more attractive yields than traditional fixed income instruments.
For instance, the most used DeFi lending platform, Compound, offers users over 2% yield on stablecoins plus additional income in the form of the protocol’s governance token, COMP.
Buy the rumour, sell on the news!!
Its a difficult one but one needs to be aware of any opportunities.
Cheers
S. Sari
15 Min time frame
COMP/USDT BINANCE4H hollow candlesticks.
price has broken the yellow downtrend line (ascending triangle),
so we maybe see a pump up to 33%.
horizontal lines shows support and resistance levels.
$172.89 USD (11.71%)
0.01891926 BTC (11.53%)
0.74192254 ETH (11.78%)
Market Cap: $270,669,143,366
24h Vol: $52,007,495,948
BTC Dominance: 62.3%
Good Luck
COMP: COMPOUND WEDGE BREAKOUTPrice of the COMP is on the possible breakout from Wedge pattern.
Price can increase for the several levels inside range of 220 and 180.
Pls, do not forget price of the COMP is quite high, and recently it increased from 60$ up to 380$
So i greatly advice to decrease risk in the trades which increased that much recently. Always use Stop loss to avoid unnecessary loss.
According to my view I think price can make some rebound around 199-200 zone and back to 180.
Thanks for attention, stay safe
This is Artem Crypto.