📊#COMP Huge upside potential, worth paying attention to👀
➡️From the technical analysis point of view. 👀
🧠After a long period of decline, we hit a record low in June this year, and the rebound effect was also very strong. Then we can use this to judge the validity of this low as a new historical low. We gradually built a line of defense in the subsequent adjustments, and formed a small double bottom structure and started to move higher, but we can easily find from the chart that our increase was not too large, compared with other coins.
➡️Assumptions:
🧠If we can break through the key point 55, then we may break through the H point above. If the H point is successfully broken through, then we will challenge the short defense point above. If the short defense point is broken through, it means If the short structure is destroyed and there is no short structure as an obstacle, then the previous high will most likely be broken through. If the previous high is broken through, then the smiley face bullish structure will be established. If this bullish structure is established, then the mid-term TP zone will be It may be possible, and even higher target areas can be expected. ✔️
➡️Let’s look at it from fundamental analysis👀
You should know that COMP is an algorithm-based automatic interest rate system built on the Ethereum blockchain. If we refer to the increase in ETH, the possibility of subsequent compensatory increases in COMP is very high. Therefore, we can also use this to horizontally refer to ETH to find future goals. 🎯
👆To sum up, if my prediction comes true, then we will have the best entry opportunity near the buying zone, because once we miss this buying zone, you will find that when you want to buy again , its purchase cost will only deter you. So we can use DCA to make purchases near the buying area.
⚠️Note that if our bullish defense level is broken, this bullish idea will be invalidated. ❌
💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to like❤️share my analysis posts . 📤
🧠After a long period of decline, we hit a record low in June this year, and the rebound effect was also very strong. Then we can use this to judge the validity of this low as a new historical low. We gradually built a line of defense in the subsequent adjustments, and formed a small double bottom structure and started to move higher, but we can easily find from the chart that our increase was not too large, compared with other coins.
➡️Assumptions:
🧠If we can break through the key point 55, then we may break through the H point above. If the H point is successfully broken through, then we will challenge the short defense point above. If the short defense point is broken through, it means If the short structure is destroyed and there is no short structure as an obstacle, then the previous high will most likely be broken through. If the previous high is broken through, then the smiley face bullish structure will be established. If this bullish structure is established, then the mid-term TP zone will be It may be possible, and even higher target areas can be expected. ✔️
➡️Let’s look at it from fundamental analysis👀
You should know that COMP is an algorithm-based automatic interest rate system built on the Ethereum blockchain. If we refer to the increase in ETH, the possibility of subsequent compensatory increases in COMP is very high. Therefore, we can also use this to horizontally refer to ETH to find future goals. 🎯
👆To sum up, if my prediction comes true, then we will have the best entry opportunity near the buying zone, because once we miss this buying zone, you will find that when you want to buy again , its purchase cost will only deter you. So we can use DCA to make purchases near the buying area.
⚠️Note that if our bullish defense level is broken, this bullish idea will be invalidated. ❌
💰🍻I have helped everyone make money, so I hope you can also help me. Please remember to like❤️share my analysis posts . 📤
Trade active:
The key point has been successfully breached and the transaction is effective.
Trade active:
The mid-term adjustment is acceptable. As long as it does not fall below our long defense point, we still have the potential to continue to rise. Therefore, spot trading can perfectly avoid the risks caused by violent fluctuations. Using DCA can effectively reduce purchase costs. Note that there are risks in every transaction, so participate with losses you can accept. The essence of trading is to exchange risks for gains. Everyone should remember this.
Trade active:
🚀#COMP🚀🌕
🔔Our other rocket has started to launch, please fasten your seat belts✔️
🧠The ascending triangle has chosen to break upward, the space above has been opened, please remain patient, ☕️waiting for our goal to be achieved🙏🎯
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🔔Our other rocket has started to launch, please fasten your seat belts✔️
🧠The ascending triangle has chosen to break upward, the space above has been opened, please remain patient, ☕️waiting for our goal to be achieved🙏🎯
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Trade closed: target reached:
📊#COMP reaches mid-term TP zone✔️
Are you making money in this bull market❓
🎉I am very happy that the market has developed as expected. The COMP we held has achieved nearly 1 times the profit in about three months. Although it is not too much compared to futures trading, we must know how to be satisfied. I have informed everyone that I have reduced my positions by 50%. Congratulations to my friends who followed Wolf King to print money.💰🍻🍻🍻
🧠From a structural point of view at this stage, the smiling face bullish structure has been established, which means that we have opened up the upward space above, and there is still the potential for continued growth, so we can use the remaining positions to look forward to more.☕️🙏🎯
💰🍻I have helped everyone make money, so I hope you can also help me.
🙏Please remember to like❤️share my analysis posts . 📤
Are you making money in this bull market❓
🎉I am very happy that the market has developed as expected. The COMP we held has achieved nearly 1 times the profit in about three months. Although it is not too much compared to futures trading, we must know how to be satisfied. I have informed everyone that I have reduced my positions by 50%. Congratulations to my friends who followed Wolf King to print money.💰🍻🍻🍻
🧠From a structural point of view at this stage, the smiling face bullish structure has been established, which means that we have opened up the upward space above, and there is still the potential for continued growth, so we can use the remaining positions to look forward to more.☕️🙏🎯
💰🍻I have helped everyone make money, so I hope you can also help me.
🙏Please remember to like❤️share my analysis posts . 📤
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⚙️After reaching the medium-term target of reducing holdings, we made a deep correction. The price returned to the buying zone again, and we can add positions.✔️
➡️From a structural point of view, the bullish head and shoulders structure has been established, which is a bull trend and still has huge upside potential in the future.
➡️From the perspective of wave theory, main wave 4 may have ended, and main wave 5 is expected to occur.🙏🚀🌕
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