Now days crypto looking bearish sentiment so we can make a short position in comp usdt pair after breakdown support level.
Strongly bullish about compound. After a good consolidation , wait for bulls:)
No need to describe in words(text). simply bullish ,buy and hold.
Here's a nice cup and handle pattern on 4hr timeframe in COMPUSDT. Let's see how much bigger pump this one gives! All the important support and resistance levels are drawn already.
Here are the important price levels to watch out for in COMPUSDT. So far, it has followed the levels pretty accurately.
COMP is going to moon because of the long accumulation from past many months. Super bullish on compound
* 0.618 half bat * 0.886 XABCD pattern * RSI Divergence on 4 HR * bolllinger bands squeezed on 4HR * 300$ Strong support level * HEIKIN ASHI DOJI candles on daily tf
Compound in a daily time frame forms a Bullish flag pattern after a rally of almost 125%. And also gain support on the 50 daily moving average, in order to continue it's rally breakout of the bullish flag it required.
Good long buy position as per technicals and as we knosw btc hitting an uptrend graph so alts will follow.
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (419.90). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . COMPUSD is in an uptrend, and the continuation of the uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...
Compound- the torchbearer of the Yield Farming has established itself as one of the prominent names in the DeFi ecosystem. Being one of the early projects in the DeFi space, Compound has garnered in trust and reliance of the users that have contributed massively to the growth of the DeFi ecosystem. At the of writing, Compound has locked in $7.01 Bn in its...
Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (307). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . COMPUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic...