🔅Today, I'm excited to delve into a comprehensive analysis of COMP, providing valuable insights to aid your trading decisions in this dynamic market environment.
🔍To begin, let's take a closer look at the current state of the market. As we've observed, the cryptocurrency landscape continues to oscillate within a range-bound pattern, presenting both challenges and...
➡️From the technical analysis point of view. 👀
🧠After a long period of decline, we hit a record low in June this year, and the rebound effect was also very strong. Then we can use this to judge the validity of this low as a new historical low. We gradually built a line of defense in the subsequent adjustments, and formed a small double bottom structure and started...
💎 Paradisers, let’s delve into the #COMPUSDT as it nicely following falling wedge formation however, there’s a glimmer of hope as it once again restores momentum at the key support level of $49.82.
💎 But what if #COMPOUND can’t quite stick the landing at this support level? In that case, we need to be prepared to switch up our strategy. Our focus shifts to a...
💹 Let's analyze and review the coin COMP in higher timeframes amidst the current sensitive conditions.
⛔️ Yesterday, a conflict between Iran and Israel arose due to retaliation for the incident at the Iranian consulate in Damascus. Iran's missile and drone strikes accompanied this conflict, resulting in a market downturn and red candles.
🔗 Hopefully, peace...
COMP Rallies Over 100% After CEO Quits !
Robert Leshner, the well-known creator of the DeFi lending platform Compound Finance, has resigned from his position as the CEO of the DeFi lending protocol.
Leshner recently announced his plan to launch Superstate Trust, a new business venture. The creation of a short-term government bond fund is the goal of this...
Hello Trader BINANCE:COMPUSDT.P
potential double bottom, double bottom vali area if the area breaks 71.80, can keep if the nickline resistance is broken.
take profit 10%
stop loss 3%
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Disclamer: Not Financial Advice
it broke the trendline with highvolume and it went to retest so i am seeing a long opportunity please be careful i might be wrong this is not a financial advice you make your own choice
Lets play a game... how many daily candles will close below this daily level?
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This is not financial...
COMP looks ready for a new bullish wave. bullish divergence on 6H/12H TF playing out and recover the daily support (orange line) is the key to keep momentum higher.
Bullish divergences playing out on 12H timeframe normally showing a potential for a bounce from the area.
Retest yellow box to enter and wait for the setup to complete next weeks.
Increase in...
COMP has successfully broke the resistance uptrend trendline, after which an ABC correction followed. Based on these facts, we can assume, with high probability that the trend remains bullish, in fact, aggressively bullish.
Therefore we expect a 100% price increase, where COMPUSDT should hit $160 mark, where double Fibonacci resistance is located.
💎 COMP has recently experienced notable market dynamics, particularly with a bounce from a support area.
💎 A strong green candle suggests potential upward movement, with a key resistance level at $80.7 needing to be breached for further bullish momentum toward our target strong resistance area.
💎 However, failure to break this resistance could lead to a retest...
long term hold comp usdt
Comp broke out of the accumulation zone above 75 and tested the level again. Comp is lagging in the current market cycle so it is expected for comp to perform well in next alt season sl should be below accumulation, that is 22.18 and tp's are mentioned nothing complicated simple buy and hold
As you can see on the weekly charts, both XLM and COMP have formed inclining breakout patterns. If the current bitcoin support holds, this could be an opportunity for smaller coins to make massive runs, and these two coins are some of my favorites. They are far off from all-time highs, but the bearish trend has stopped for both and they seem to be emerging into a...
