COMP is forming what looks like a descending triangle . Volume is dropping and COMP’s price has just crossed the MA50, which didn’t offer much support.
Once Compound closes below $115, I think it’s safe to assume that COMP is going to test its November 2020 low at ~ $80.6.
Let’s see how this plays out.
Thanks for your support.
Have a good one.
WAVESUSDT – daily pattern Waves / TetherUS BINANCE:WAVESUSDT WXYXXZ Looks like we will get a three-waves corrective pattern, with a complex wave (b) Current dump may travel only half of its way down. IMO.
Bears Getting Scammed? BTC/USD COINBASE:BTCUSD Swoop6 Probably a tad more downside here but it’s at the point now it looks attractive again to start accumulating.
ETCUSD Cryptocurrency Market (2022-March-24) Ethereum Classic / US Dollar EXMO:ETCUSD flytheus For currency pair ETCUSD , wait for another pull back. Currently, the currency pair is overextended.