Alex_Dehtiarov

đŸ”„COMP Is At a Channel Mid: What's Next? 2 Options!

Alex_Dehtiarov Uppdaterad   
BINANCE:COMPUSDT   COMP / TetherUS
Compound grew by +180% from bottom to channel top. It's very volatile altcoisn which can impress traders and investors, but now it's indise the channel mid.

The first confirmation of the upcoming growth will be the close of the Weekly candle above the mid of the channel. Usually, it becomes good support.

đŸ’„The targets in case of fall or close above the channel are diffrent. If the price fall to the channel bottom, the target will be at the top by +180%.

If the price close above the mid channel, the targets will be at the channel top by +70% and the order flow +229%.

I want to remind you, that these targets are only for the local growth. It will skyrocket during the full-fledged bull market!

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The BUY signals on Compound are very accurate. Now the price make a pullback, but it will continue to pump along (if) with Bitcoin.

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