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COMP

COMPBTC Breaks Descending Channel (Over 350% Mapped)Take a look at this descending channel... It has been broken and prices are now above the EMA21 line. We are seeing bullish action develop since Nov. 5th. The RSI is now looking good with bullish divergence and higher lows: It is already moving higher, with lots of room left for additional growth. Additional information and targets can be seen on the chart. The red dashed-line works as the last low and can be used as a stop-loss as well. (We use manual stop). Feel free to share your thoughts in the comments section. Only hit LIKE if you enjoyed the content, it was useful to you in some way, or if you want to show some support. If no, then don't hit like... Namaste.
Long
by AlanSantana
3
LONG COMP - (chicago defi + TDAmeritrade)Compound initially began as a tokenless protocol. Upgrades and changes were made unilaterally by the Compound Labs team. The protocol was still non-custodial but there was a centralized entity that retained administrative privileges. In order to remove themselves from this position, the team introduced COMP, a token used to govern the protocol. After several stages, Compound is now fully controlled by COMP holders with no remaining privileges held by Compound Labs. COMP is part of the Chicago defi alliance + TDAmeritrade= growth in assets locked in the long run.
Long
by HodlTradeCrypto
COMP/USDT 8h (Binance Fut.) Descending channel breakout & retest#Compound is pulling back to give us entry after that clear breakout of parallel channel. I believe this is a new opportunity to long it before a possible bull run! Current Price= 107.06 Buy Entry= 107.03 - 102.23 Take Profit= 116.77 | 123.26 | 133.20 Stop Loss= 96.51 Risk/Reward= 1:1.5 | 1:2.29 | 1:3.52 Expected Profit= +23.20% | +35.62% | +54.62% Possible Loss= -15.52% Fib. Retracement= 0.5 | 0.618 | 0.786 Margin Leverage= 2x Estimated Gain-time= 480h
Long
by TradingOn
✳️Compound/USDT (27/10) #COMP $COMP #COMPUSDTCOMP is continuously breaking the lowest levels so we should not expect too much on this coin. Currently, selling pressure has subsided and COMP is looking to rebound with Inverse Head & Shoulders. This pattern will be formed if the COMP fails to break the 92$ bottom and bounce back to break the 108$ zone. The target is the 120$ zone. The main trend of COMP is currently moving sideways in the 90-120$ zone. COMP will continue to bottom out if it breaks below 90$
Long
by CryptoStation
COMP 1D. Next Potential Bottom Range is $72-80.Briefly about the protocol. The Compound Platform is a Defi lending project developed on the Ethereum blockchain. Basically, any cryptocurrency owner can deposit it into a smart contract, where it joins the liquidity pool and starts generating interest. So far, the Compound protocol supports the following altcoins : ETH, DAI, SAI, USDC, USDT, WBTC, ZRX, BAT, REP. We have seen a strong downtrend since September. However, there was a light at the end of the tunnel! After sellers tested the mark $94. The price exited the falling channel and attempted to break the level $107.5, which would open the way to $123. However, it could not be done and the light went out at the moment. In our opinion, the scenario of the COMP price returning to the falling channel is more realistic. Moreover, we think that the token will renew its historical low and stop in the range $72-80. An alternative scenario is possible only after fixing above $107. If we see such a probability, we will immediately publish an idea about it! ________________________ Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
by P_S_trade