The Altcoins are starting to awaken and we are going to see some big winners in this upcoming Altcoins market bullish wave.
Hit like and let's get started right away...
(0) BITCOIN (BTCUSD)
To start, we have Bitcoin which is still consolidating slowly but whom will soon speed up.
We are expecting to the see the king move BIG first...
Bitcoin 3D | Volume +...
Good Sunday my fellow cryptocurrency trader, we will focus on 3 signals only for Compound vs Bitcoin (COMPBTC) today.
Feel free to support our work in whatever way you see fit!
Let's get started!
COMPBTC 3X Bullish Chart Signals
(1) Full Green Candle (Break above EMA10)
Today's candle is full green on rising volume.
This candle is also breaking a...
Hi dear friends, hope you are well and welcome to the new trade setup of Compound (COMP) token.
On a monthly time frame , the price line of COMP has formed bullish Gartley pattern.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Hello, dear TradingView members.
This idea is a COMP analysis.
COMP also broke the downtrend channel a few hours ago, and we're waiting for more confirmation.
The upper band of the downtrend channel can confirm the breakout and work as support.
Another support level is also static and shown on the chart.
The price is now testing a resistance area, and it can...
We are looking at Compound (COMPUSDT) and after two days of bullish action finally a break above EMA10 happens, signaling that the bulls are now in control (candle closure needed for full bullish confirmation).
Notice that the trading volume is still at basically zero.
The RSI made a strong jump and the MACD is showing a bullish cross.
Once the volume comes in,...
COMP is forming what looks like a descending triangle. Volume is dropping and COMP's price has just crossed the MA50, which didn't offer much support.
Once Compound closes below $115, I think it's safe to assume that COMP is going to test its November 2020 low at ~ $80.6.
Let's see how this plays out.
Thanks for your support.
Have a good one.
Compound is a protocol on the Ethereum blockchain that establishes money markets. Money markets are pools of assets with algorithmically derived interest rates. Suppliers (and borrowers) of an asset interact directly with the protocol, earning (and paying) a floating interest rate. Compound is now available on DeFi Swap. Users can swap Compound, be Compound...
COMP is still holding on to its price after a strong rally from April 12. This could help COMP move further to the $200 zone in the near term. However, if it loses the $140 zone, it will continue to plummet and the support zones we might consider buying are at $125 and $110.
♻️Condition : If 1-Day closes ABOVE 140$ zone
🔴Buy : 140
🔴Sell : 160 - 180 -...
Compound (COMPUSD) has been trading within a Falling Wedge since the May 12 2021 High. Since February however, it has been trading within a Channel Up, which is the market attempt to form a bottom.
In order for this to be confirmed as a bottom though, the price needs to break above the 1D MA200 (orange trend-line). If it does, it will be the first time to do so...
Compound is now starting to move vs Bitcoin.
We can see a strong recovery yesterday which pushed prices above EMA50 and EMA10.
We are seeing grow now...
We have potential for higher.
EMA50 is the support/stop.
Both Price AND Volume have broken down on COMP 1 Hour.
There is a chance of retracement upwards to the Blue trendline on both Price + Volume Indicator (see both red circles)
The Short is waiting at 160.57 (Kucoin)
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...
Like many digital assets, only a fixed number of COMP tokens will ever come into existence. The total supply is capped at 10 million COMP and as of writing, less than a third are in circulation (~3.3 million).
Out of these 10 million tokens, just over 4.2 million tokens will be distributed to Compound users over a 4-year period. The second...