Just swingsLooks like it's mostly to the upside, but I wouldn't be surprised if we hit low 200's again. There's still a 10% difference between the 2 resistances so we'll see how long this pattern can hold on.
COMPUSD trade ideas
COMPOUND LISTED ON BINANCE !COMPOUND will be available on Binance
Possible retest of the previous important levels before a down continuation
For now the chart looks bullish !
COMP - Full retrace incoming? Looks not as good now as before, has dumped 44% and weakly bounced. If it loses 200 level, it will completely roll back.
I think if bitcoin continues to fall or sideways it will dump.
Plan to short a retest of the $240 resistance.
The biggest supply APY:
06/21: BAT : 25.45%; for USDT it's 0.1%. COMP: $350
06/21: BAT : 25.28%; for USDT it's 0.15%. COMP: $217
Hit the "LIKE" button and follow to support, thank you.
Information is just for educational purposes, never financial advice. Always do your own research.
Trying a COMPPERP short because I hate moneyIt does make sense that the DeFi insane yields would prop up prices and bitcoin's price too. However, I think that there is still a correlation with the stock market.
still decent rebound for comp! itll repeat at least 1 more time!macd, rsi and fib retrace all show we could move within the triangle, possibly break out to the upside but thats a risker bet. now taking at the next few fib retraces will be EZmoneyssss
New Defi Project on the Block!Compound is going crazy! Check their website for all the info on the project its really interesting. Aside from the fomo weve seen until now i can only add its not even on binance and coinbase yet!
This is going to pump like crazy imho.
