COMPUSDT - if break goes plummet
preconditions for well break a trendline.
1. Beautiful a trendline
2. Historical level the daily chart
3. Nead confirmation a sell zone
I have two scenarios, and I want to make some money.
if you like the idea, please "Like" it. This is the best "Thanks!" for the author 😊 P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your friends.
Compusdttrendline
#COMP BULLISH PENNANT BREAK OUT!!Hi guys, This is CryptoMojo, One of the most active trading view authors and fastest-growing communities.
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long-term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
LOMG COMP/USDT
COMP is making this bullish pennant pattern
Entry range:-CMP (CURRENT MARKET PRICE ) and add more up to $47.92
Target:- 100%
Short-term target:- 30%
SL:- break down below the lower support
This chart is likely to help you in making better trade decisions if it did consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
COMPUSDT might pullback or the bulls may push it higher
Welcome back Traders, Investors, and Community!
Hi Traders, COMPUSDT has had the third rejection on the uptrend already. Last 4 candles show that the price is slowing down which might end up another Pullback at the trend line or the Bulls may step in and push the price higher to 370
Here on the H1 the pullback is more clear
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
COMPUSDT - Buy buyPrecondition:
Global trend down
Local trend up
What Is Compound (COMP)?
Compound is a DeFi lending protocol that allows users to earn interest on their cryptocurrencies by depositing them into one of several pools supported by the platform.
When a user deposits tokens to a Compound pool, they receive cTokens in return. These cTokens represent the individual’s stake in the pool and can be used to redeem the underlying cryptocurrency initially deposited into the pool at any time. For example, by depositing ETH into a pool, you will receive cETH in return. Over time, the exchange rate of these cTokens to the underlying asset increases, which means you can redeem them for more of the underlying asset than you initially put in — this is how the interest is distributed.
On the flip side, borrowers can take a secured loan from any Compound pool by depositing collateral. The maximum loan-to-value (LTV) ratio varies based on the collateral asset, but currently ranges from 50 to 75%. The interest rate paid varies by borrowed asset and borrowers can face automatic liquidation if their collateral falls below a specific maintenance threshold.
Since the launch of the Compound mainnet in September 2018, the platform has skyrocketed in popularity, and recently passed more than $800 million in total locked value.
You will learn the best place where we can trade this instrument at low risk.
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