Compound 200% very soonHello dear readers!
Another quick one for you. Compound has been around for a while and has seen a massive retrace of around 73%.
There are now reasons to be bullish for the short term.
When we look at the charts we can see a bullflag breakout (fierce) and retest of the upper bound. Its on a hard
Key stats
COMPOUND Stock Chart Fibonacci Analysis 021225Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 57/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E
COMP Update (2D)This analysis is an update of the analysis you see in the "Related publications" section
First and foremost, pay attention to the timeframe. The 2-day timeframe is lengthy and requires patience.
It seems that COMP is currently within wave F of a large diametric pattern. Wave F is bearish.
The tim
$COMP heading for a capitulation low of $11-16?I hate being bearish here, but the charts show that alts are going much lower. Comp has a pretty clear trend here.
I think it's likely that price goes back up and retests $68 here as that's the level price broke through on the way down. If that level can't break, it sets up a final leg down to the
DEFI has been hot again, how do things look on the COMP chart?Lets take a look at what the charts and indicators have to say.
Structure and Price Action:
**Symmetrical Triangle Formation**:
The chart shows a clear symmetrical triangle, indicating a period of consolidation following a sharp upward movement. Symmetrical triangles are neutral patterns but
A look at COMP waves (1D)It seems that COMP is currently in wave D of a complex pattern.
Wave D appears to be a diametric, and we are now in the early stages of wave E of this diametric.
By maintaining the green zone, it can move toward the red box.
The first target is $99, and the second target is $114.
Closing a daily
Compound (COMP)Compound is an interest distribution and DeFi lending protocol in which users stake their tokens in pools and borrowers can take a secured loan from any Compound pool. Anyway, compound has been in a downtrend for a while. Looking at the chart it seems price has made double bottom and also a triangle
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Frequently Asked Questions
Compound vs US Dollar (COM) reached its highest price on Dec 3, 2024 — it amounted to 140.40 USD. Find more insights on the COM price chart.
See the list of crypto gainers and choose what best fits your strategy.
See the list of crypto gainers and choose what best fits your strategy.
Compound vs US Dollar (COM) reached the lowest price of 33.56 USD on Aug 5, 2024. View more Compound vs US Dollar dynamics on the price chart.
See the list of crypto losers to find unexpected opportunities.
See the list of crypto losers to find unexpected opportunities.
The safest choice when buying COM is to go to a well-known crypto exchange. Some of the popular names are Binance, Coinbase, Kraken. But you'll have to find a reliable broker and create an account first. You can trade COM right from TradingView charts — just choose a broker and connect to your account.
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