COMP following the last week liquidations. I have decided to check out the number of On-Chain liquidations amongst major protocols. Comp turned out to be the biggest winner. Most users did not suffer during the retracement and retained their HODL capacity, not being margin called by the protocol. This is incredibly bullish in a Risk-Off environment as users seek safer investments and services.
In matters of TA. The comp Token which is a governance token cannot get much sexier than this chart. My final target for comp and level I would be comfortable shorting is anywhere between 917-3615$. By this I mean I would only close longs untill the valuation stands above 3615$!
By far the sexiest chart in the defi field.
Will be longing it now, DCAing, hodling for the long term. I may have found myself a new crypto wife :P
#LOOOOOONG
In matters of TA. The comp Token which is a governance token cannot get much sexier than this chart. My final target for comp and level I would be comfortable shorting is anywhere between 917-3615$. By this I mean I would only close longs untill the valuation stands above 3615$!
By far the sexiest chart in the defi field.
Will be longing it now, DCAing, hodling for the long term. I may have found myself a new crypto wife :P
#LOOOOOONG
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