By comparing Nasdaq with historical returns it seems Nasdaq returns are aligning with 12% annually compounded rate. If Nasdaq has similar potential in the future this graph can help in understanding oversold or overbought positions for the long term. If the index is far below the compounding rate line, it indicates that the index has the potential to give more...
Alright first long attempt was a failure shit crashed and what not, but i’ll be adding to my long here with a stop loss at 116! If we get to 163 and don’t reject let it ride to around 200, and in case we do reject hard close your longs, should be easy and remember don’t go all in when longing, ladder orders at different price ranges and let it come to you.
#COMP/BTC (Update) Forming Falling Wedge Pattern in 8h Chart, Major Indicators turning Bullish & Volume has also Been Decreasing (Bullish) Expecting Upside Breakout So Keep Your Eyes on it.👁🗨 Targets Are MENTIONED in Chart..!! Please like the idea for Support & Subscribe for More ideas like this and share your ideas and charts in Comments...
As short term comp can go as follows Entry zone: 156 - 157-158 Target 1: 165.4 Target 2: 171 Target 3: 178 Target 4: 183 Target 5: 186 Target 6: 189 Target 7: 192 if comp cross 189 resistance then it can go up to 210-220. take your own decision and trade.
Hi All, This one is odd one to TA, COMPOUND as a newly introduce Defi, and trying to get the right level is all guesses, however its a challenge and if one keeps an eye on it, you never know when it will explode up. Recently I read a news article giving it favorable reviews. "Compound’s New Custodial Wallet Could Spark Institutional Interest in DeFi" Key...
Looks like COMP is finally breaking out of it’s falling wedge. It’s been a long and painful downtrend, but this could be the change in tide we’ve been waiting for!
COMP, currently in a downtrend, is in an overall falling wedge pattern, which is bullish. Also, several of the most recent candles show inverted hammer patterns, which suggests we could be seeing a trend reversal soon. There has been a long downtrend lately, but things could soon take a turn upwards. Going to be watching for other signs as well.
Price of the COMP is on the possible breakout from Wedge pattern. Price can increase for the several levels inside range of 220 and 180. Pls, do not forget price of the COMP is quite high, and recently it increased from 60$ up to 380$ So i greatly advice to decrease risk in the trades which increased that much recently. Always use Stop loss to avoid unnecessary...
I’m leaving TradingView because I’m starting an YouTube channel stay tuned see you there😉
Using the Fourth of July low as a bottom (as opposed to the starting price), we see nice Fibonacci lines as well. Note that the chart has bounced several times at the $245.50 level, so expect to see tough resistance there on the way back up. If/when we eventually surpass our prior early peak, we could see prices up to $514.90 or even more optimistically $732.85....
So, you gave into FOMO. Compound was shiny and new, exploding onto the scene. You surely were the first one to notice, since it had only been trading for a few days, and that makes you an early adopter. But ... it turns out that bubbles crash. You bought high. Now you’re frustrated and thinking of selling — selling low. DON’T! The same reasons you thought this was...
Hello everyone Looks like a tentative buy on the RSI. Additionally, this confluence of fibs (spirals, channel, retracement/extensions) leads me to believe a move up is imminent. It's also quite possible that the price moves to the .618 and breaks sideways through the confluence of spirals. I'm not a master at fib spirals; any criticism or advice would be...