Textbook bullish divergenceIndicator, rsi, rising with a falling price. Along with news of upgrading comp to be compatible with soft swaps, not a bad idea. Longby kleimanb810
COMP/USDT potential 82% setupHello, Traders! After correction, the price of COMP returned to the active trading zone of $379 - $435. MA100 acts as dynamic price support. Cumulative delta analysis shows the presence of demand from buyers. We may consider purchases in the range of $379 - $421 Stop-loss can be located under the price level of $292 Targets are the price levels $492 $550 $608 $691 Good luck and watch out for the marketLongby UnknownUnicorn100640302
COMP-USDT(Double Bottom)An open-sourced decentralized finance protocol built on the Ethereum blockchain that has currently locked in ~$7.38 Bn in its protocol. From its All-Time High, COMP too crashed ~70% and is currently trading at $420. It has currently taken support from the level of $350 and it looks like it is forming a Double bottom kind of formation, further downside seems unlikely. The support to the lower side is present at $280 while it is possible to achieve $550. Longby TradeDog-Research3
COMPUSDTHello to you all. Mars Signals team wishes you high profits at all times. As you can see, the price has been able to break the resistance upwards. We intend that if Bitcoin does not fall, it can move towards its targets. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck! Longby MarsSignals2
Compound is in buying zone Best pick in this dip. Keep stop loss entact. Do not lose money.Longby profittraders230
COMP Fib Targets PT1 $622 PT2 $728COMP is just doing a simple retracement and it made it all the way to the 100% retracement zone. Now we can expect an impulse higher with BTC stabilizing. Next PTs for COMP using the 4 hour swing low and swing high points are as follows. PT1: $622 PT2: $728 Will follow a trajectory similar to the orange line I posted. Once we take these two price targets by end of May, we can then target ATHs again by mid-June imho. Bonus: COMP has performed flawlessly in the selloff - many expected DeFi projects to get totally destroyed in the selloffs considering they rely on automation and specific price reference algorithms to a large degree - COMP performed well and their $14B TVL is still completely in tact. Also COMP did print a Hash Ribbons BUY signal on the 17th... this is massively bullish for the project and means there is imminent upside ahead. Longby ich1baN4410
$COMP/USDT 1h (Binance Futures) Descending trendline breakoutCompound is looking ready for recovery after that local break-out. Current Price= 494.81 Buy Entry = 497.60 - 473.70 Take Profit= 567.50 | 617.90 | 688.90 Stop Loss= 430.91 Risk/Reward= 1:1.5 | 1:2.42 | 1:3.71 Expected Profit= +33.70% | +54.46% | +83.70% Possible Loss= -22.54% Fib. Retracement= 1 | 1.272 | 1.618 Margin Leverage= 2x Estimated Gain-time= 3 daysLongby TradingOnUpdated 2
COMP: Hash Ribbons BUY Signal Formed! PT $2,236After blood has been in the street, several altcoins have triggered Hash Ribbons Buy signals (and BTC is about to print one which has never occurred in the history of BTC DURING a bull market). COMP is one of the first to trigger this buy signal which suggests it will also be one of the first to reach its ATH before other altcoins and then some. LINK just triggered one as well. If we extrapolate the last buy signal percentage gained of 344%, this would put COMP at $2,236 which I think would occur in less time as the bull market is fully underway rn. Also with $14B of total value locked and growing and only a $2.2B market cap ... COMP is still strongly undervalued imho. DeFi is here to stay and will only accelerate in terms of adoption in the coming weeks / months. Other altcoins that are about to trigger a Hash Ribbons buy signal: FTM, FET, XRP, RAMP, ONT, UNI Longby ich1baNUpdated 668
COMPUSDT COMPUSDT(Day CHART) Technical Analysis Update Reversing from the support COMP/USDT currently trading at $610 Buy-level: $585- $610 Stop loss: Below $550 Target 1: $660 Target 2: $690 Target 3: $750 Target 4: $850 Max Leverage: 2X ALWAYS KEEP STOP LOSS... Follow Our Tradingview Account for More Technical Analysis Updates, | Like, Share and Comment Your thoughts.Longby GreenCryptoTrades224
Compound BullishFollowing the likes of Sushi, Aave & SNX, Compound get into a strong uptrend here, no real resistance up until $800, easy 15%.Longby importedBook362900
COMPUSDT is testing the previous resistance as new support 🦐COMPUSDT is testing the previous resistance as new support of the ascending channel. IF the price will have a breakout from 4h resistance , According to Plancton's strategy (check our Academy), we can set a nice order ––––– Follow the Shrimp 🦐 Keep in mind. 🟣 Purple structure -> Monthly structure. 🔴 Red structure -> Weekly structure. 🔵 Blue structure -> Daily structure. 🟡 Yellow structure -> 4h structure. ⚫️ Black structure -> <4h structure. Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.Longby InkyGripUpdated 282848
COMPUSD RepricingStill early to tell if this Pitchfork is reliable. But COMP being one of the leaders of the lending and borrowing space in DEFI with a small marketcap in compare with the top 20. Fundamentals align with the oversold sign from the Pitchfork. I expect a repricing and will expect minimum the overbought territory of the BINANCEUS:COMPUSD pitchfork at 2000$ at this point.Longby Fib233377610Updated 225
COMP/USDT ANALYSIS, LOOKS WEAK, POTENTIAL SHORTNow we analyze COMP/USDT. We see here the major bearish divergence which signals a downward movement. If this downward movement takes places which looks very likely, we can see a move to support at $608, if we can breach $740 and keep 4HR candle above it then we can see possible move upwards, I am not taking position here but best bet is a short to $608, take profit at $640 to protect funds and always use proper SL, here are the important levels, also lots of selling on MAC so watch that as well. Support: Local $706/$608 Resistance: Local $859/$909 Always use SL to protect funds, use 3% or your best judgement.Shortby jcrozb111
COMP 689 strong resistanceAfter ATH broke, 4 times response from 689. On the 5th time it got a reaction again but still does not have a candle close below 689. A position can be taken depending on the market situation.by PromeCrypto0