BINANCE:COMPUSDT
Would be good to see deviation on Comp chart before spring rally
Possible Targets and explanation idea
➡️We trade in a range since collapse in June. Leave liquidity under 26$
➡️ Possible move over 40$ than down
➡️ Would be good to see final drop under buy line "Take profit" indicator and grab all liquidity in January
➡️ Than climbing up...
Today, we liked the Compusdt trading pair on global 3 days chart.
It has not been analyzed for a long time, but now I liked that the Compusd price is moving in its own way, despite the maneuvers of the BTCusdt price.
In general, Compound Protocol is in the top 10 in terms of volumes of blocked resources (TVL) in DeFi protocols
Perhaps the individual behavior of...
COMPOUND trend in falling wedge where make a bottom at 279$ and then test it three times ..so my conclusion is "that is a solid bottom :)" then broke falling wedge pattern make support on golden pocket 315$ ..now need to flip resistance to support at 338$. where make a potencial W pattern/bullish ..potencial long price is on the chart..cheers
Yesterday's sharp drop in the COMP market showed that continued growth without consolidation is unlikely. In fact, in an hour the sellers lowered the price by 7%.
The COMP price stopped before the critical range of $133-140 . Near the $133 mark is a global trend line , which buyers have been holding since the beginning of November. Its breakdown will lead to a...
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Compound price rose to highs close to $250 but retreated to confirm the 61.8% Fibo support.
COMP/USD bullish scenario remains intact in spite of the drop from $247 as observed with the RSI.
Compound roared to highs above $240 towards the end of the American session on Tuesday. The Asian session on Wednesday has been characterized by increased seller dominance...
