LONG ANC - Anchor ProtocolAnchor Protocol, the popular savings app on Terra_money, is now the 3nd-largest dApp in DeFi.
With $14.5B in TVL, it represents over half of all assets locked on Terra.
Anchor has now surpassed almost all of Ethereum’s ‘blue-chip’ DeFi assets, including the lending protocol Aave, Uniswap, and Compound. As for Terra, it now has a TVL of $27B, making it the No. 3 smart contract network.
COMP
COMP/USDTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
The start of this count is around the $84 area ( wave 1) and we've reached the bottom of $99 or so (wave 2), I highly doubt we will go anylower than $99 but if we do, this chart is still valid as long as we're above $85.
Wave 1 - $900
Wave 2 - $99?
Wave 3 - 1500??
Wave 4 - 750??
Wave 5 - 2222??
Will update as price targets reach or chart becomes invalid.
COMP / COMPUSDT super bullishHey everyone
I am super bullish on this altcoin for multiple reasons.
1: charts/TA
Beautiful double bottom and ATL retest
Red line can be broken here with a breakout
Blue lines seem to be the general idea for now
Combined with low RSI and volume profile.. this is a gem.
2: fundamentals
70% supply released. Deflationary coin.
Beautiful Defi coin, backed by big investors and whales
Currently ranked at #92. Too low for the fundamentals in my opinion. Comp deserves atleast #60. Meaning huge inflow imo.
3: longer term idea is $1000 to $3500 because of strong fundmentals. Considering all cryptocurrencies going up and an altcoin run.
Shortterm is already x4 as you can see.
4: Comp hasn't seen any pumps last weeks. There is a good chance it will be "it's turn" soon. Like for example on Waves atm.
Which means a huge opportunity when we buy today. Really a longterm coin this one.
COMP Trade zones Taking a look at this stock because of a screener alert.
Here's a chart with zones marked. It looks like in the really long term you might see upwards of $13, but I wouldn't expect it to be higher than $18.
I think currently, $9 seems to be where this stock is heading.
A Monday morning dip could definitely be a buy opportunity to $9.
I also, am noticing a lot of trends in the market leading to march 17th through the 23rd which are showing a possible big movement (crash maybe). I'll keep watching, but just be careful around those dates.
Start of major Wave 3COMP has reached the 100% extension of the C wave as shown on the chart. I use Trend Based Fib. Extension tool to predict potential reversal areas.
As you can see we had a complex major ABC correction that lasted almost 10 months.
I am expecting a major wave 3 that could bring us to well above 1000usd. For this theory to have higher probability of happening, we need to break the 200usd soon. At that point I will become even more bullish.
My target for this trade will be 370usd and I will reassess at that point.
Follow for more updates.
COMP broke down ascending support #COMP/USDT
$COMP dropped to 1.618 fib level of BC swing up, as mentioned in previous weekly analysis.
there is a descending resistance line that if price success to break it out, it can pullback to ascending broken line and possible to drop more to 2 fib level of BC then increase to resistance zone between $300 and $400.
Be a MILLIONAIRE with Crypto!Life time chance to be a MILLIONAIRE with little investment
Do you miss BITCOIN in 2010? ETHERIUM in 2020? Don't worry!!! Here it comes again.
Many of alt coins DOWN! Take your opportunities! COMP is only one EXAMPLE!
A T T E N T I O N ! Attention please for these coins;
EGLD
DYDX
AAVE
FIL
GALA
HNT
ICP
KSM
OCEAN
NWC
QTUM
SNX
SUSHI
THETA
YFII
ZIL
I'm not a finance adviser or mentor, I show you what I brought and hopes hold for 2-3 years!
Today is 2022 January 24. Most of alt coin markets show bottom of bearish trend and I HOPES END OF ''2022 MARCH'' Every markets takes next bull run!
Lets see one of example:
Compound (COMP)
* After 2020 December 02 price comes again to 122.3USDT
* After 2021 May 12 (Until NOW) its BEARISH market
- Days 252
- Market down percentage (86.24%)
* Best for long time holders!
COMP above middle line of parallel channel$COMP touched the middle line of descending parallel channel that is the same as long term support.
holding the middle line will increase price to break out from channel. for starting a new rally price has to break out from last yellow trend line maybe around $300.
if price break down from middle line it will drop to $80 and below that I think better to say goodbye to this coin.
COMP - when is the best time to buy ?COMP is moving in a downtrend but there is a volume at the bottom. This is a good signal. A trend line and a key level can be identified on the chart.
Whether the price will immediately break through the trend line or collect liquidity below the key level is unknown. But in both cases, a break of the trend line could be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Good buying opportunity for CompoundThese are weekly candles. Compound has retraced 80% since its $911 ATH in may 2021, which is a massive discount. Since then it has been forming a massive falling wedge and has become massively oversold on the weekly timeframe. I think now is a good time to buy and personally I'm not going to use a stop-loss, as even if it falls way lower, we would most likely see current prices again, unless for some reason the asset becomes completely worthless for some fundamental reason. You could use a 30% stop-loss and you would still be getting an insanely good R:R ratio. Note that as its a weekly chart, it can take months for it to become profitable.
COMPOUND - Bottom trend Hello trading friends,
Compound showing a trend where it could be possible that this is a new button area for new uptrend gain.
This depends on the historical trend 2021.
It's a coin with long-term expectations.
Targets
249 usd are at long term a great target, as this is also the main target and split target.
The compound is not for the fast expecting, it can take some time, but even with the before breakdown trend it's still healthy for new range gain.
Have a great day
COMP Harmonic Idea ?Messing around with Harmonic Patterns
Still new and learning.
I see a possible bullish shark on lower time frame.
i would like to buy in the purple area.
Take profit = yellow lines.
190 TP1 194TP2 areas.
Stop loss = red area.
Always look for signs of bull and bear divergences , etc.
Patterns and price action will perform better under different variables.
HOWEVER IF BITTY DUMPS THIS WILL NOT PLAY OUT.
BITTY THE BULLY.
RESPECT THE OG BIT .
www.tradingview.com
$COMP - Accumulation Phase (Wyckoff Pattern) I am comparing my views on $COMP which looks very similar to Wyckoff Accumulation pattern which you can find easily. I would suggest you to all wait and long from SOS (Sign of Strength) which will most likely be consolidation in bull flag. Targets are 320, 410 and 520. Feel free to drop any comments in doubt. I will post the trade when we see SOS.