COMPUSD.P trade ideas
Pulse of an Asset via Fibonacci: COMP Impulse Redux: Chapter 3 ?"Impulse" is a surge that creates "Ripples", like a pebble into water.
"Impulse Redux" is returning of wave to the original source of energy.
"Impulse Core" is the zone of maximum energy, in the Golden Pocket.
Are the sellers still there? Enough to absorb the buying power?
Reaction at Impulse is worth observing closely to gauge energy.
Rejection is expected on at least first approach if not several.
This is a particularly interesting example of this phenomenon.
Most returns to the Core end in Rejection, or break and run.
Very rarely does an asset return twice, let alone THRICE.
Part of my ongoing series to collect examples of my Methodology : (click links below)
Chapter 1: Introduction and numerous Examples
Chapter 2: Detailed views and Wave Analysis
Chapter 3: The Dreaded 9.618: Murderer of Moves
Chapter 4: Impulse Redux: Return to Birth place <= Current Example
Chapter 5: Golden Growth: Parabolic Expansions
Chapter 6: Give me a ping Vasili: one Ping only
.
.
Ordered Chaos
every Wave is born from Impulse,
like a Pebble into Water.
every Pebble bears its own Ripples,
gilded of Ratio Golden.
every Ripple behaves as its forerunner,
setting the Pulse.
each line Gains its Gravity .
each line Tried and Tested.
each line Poised to Reflect.
every Asset Class behaves this way.
every Time Frame displays its ripples.
every Brain Chord rings these rhythms.
He who Understands will be Humble.
He who Grasps will observe the Order.
He who Ignores will behold only Chaos.
Ordered Chaos
.
.
.
want to Learn a little More?
can you Spend a few Moments?
click the Links under Related.
COMPUSD D3: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
COMPUSD D3: BEST Level to BUY/HOLD 100% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: COMPUSD dailychart review
::: chart looks good /strong
::: V-shape recovery off the lows
::: strong overhead resistance
::: expecting short-term pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +100% gains later
::: pullback into golden pocket zone soon
::: 20-30% pullback short-term
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +100% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: BUY/HOLD and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
COMPvsUSD Breaks the heart lineCOMP broke above the Heart Line on the channel around 2AM CST
I mistook it for a previous level of resistance/support from it's crash
The ascending touches indicated that the sale wall was going to be breached, which it was, indicated by the green rockets.
Additional upside
Long COMP/USDBullish on everything DeFi until $100,000 BTC
With ETH approaching new ATH's presumably by the end of this week, it won't be long before the real bull run begins. So far, hodlers and institutional money managers have led the charge, but true retail investment hasn't even begun to explode. When ETH passes into the $1,800 USD area, the real FOMO Market will begin. Things will be incredibly choppy but until BTC hits $100,000, no dip regardless of size should be considered anything but a correction, soon to be followed by an even greater continuation. Diversification is imperative as we head into the uncharted waters of securities regulations, however, I think it's humble to assume that at least one of the leading crypto DeFi exchange protocols will eventually find it's way into the client portfolios of institutional money managers. Watch for Uniswap (which is already registered security) and Compound, my top 2, as well as Balancer, and as much as I hate to say it HEX. For those of you who don't know Richard Heart's HEX Certificate of Deposit Token, it's definitely something worth checking out. As to the reliability of HEX and it's fixed contract distribution, stability would seem to go hand in hand, yet there have been rumors circulating throughout the duration of HEX's existence on Ethereum that a large portion of the ETH transformed into HEX goes straight to "Origin Address" that some skeptics consider belonging to Richard Heart. Rather it does or doesn't, price always seems to recover and with the influx of new retail investors on the horizon, I wouldn't be surprised one bit if HEX ends up taking off into the $1-$5 per token range within the next 2 or 3 years. MarketWatch has already declared that HEX was the best performing asset of 2020 and that was before BTC was at $33k. All that aside, Richards, "Trump-like" demeanor and occult like following has damnation written all over it. Overall, I'm bullish on everything in the top 100 except XRP. Sorry Ripple, you kinda screwed up.
Bullish Fundamentals When investing in crypto one must see all variables.
Compound has great foundation and chart
A16z founded - same as founders of Coinbase - bank the unbanked - defi - world finance solutions
- has registered with SEC
- has a reverse head and shoulders
- upward channel with lower highs
in my opinion bitcoin dominance has reached ATH and will soon reverse into a altcoin season like 2017 . Defi - and decenteralized applications will thrive in the new services based economy A.C ( after covid ). great hodl for the 4th industrial revolution.
- citizens in third world countries now have 30$ smart phones ( digital wallets )
- internet connections ( starlink ) + plus 5g / bitcoin as a new reserve asset = new world financial system .. which includes peer to peer payments with low transaction cost
( no intermediary ) . decentralized finance. blockchain every network.
national digital ID for voting integrity and trust + digital wallets and tracking transactions = #1 valuable thing ( Privacy )