COMP has been in a parallel channel since the beginning of February, with the exception of the break-out to ATH between April and May.
Some really positive signs:
1. Price currently hovering at strong support / bottom of parallel channel.
2. Approx. 3-week accumulation phase coming to an end
3. Descending wedge break-out
4. Previous bounces off the same support have generally seen quick price increases
5. Bullish divergence on the daily
5. Bullish overall crypto market
Open: 311.8 - 292.7
TP1: 339.4
TP2: 373
TP3: 405.9
TP4: 460.6
TP5: 539.7
SL: 260.3
Approx. +73% gain. GL.
DYOR.
Some really positive signs:
1. Price currently hovering at strong support / bottom of parallel channel.
2. Approx. 3-week accumulation phase coming to an end
3. Descending wedge break-out
4. Previous bounces off the same support have generally seen quick price increases
5. Bullish divergence on the daily
5. Bullish overall crypto market
Open: 311.8 - 292.7
TP1: 339.4
TP2: 373
TP3: 405.9
TP4: 460.6
TP5: 539.7
SL: 260.3
Approx. +73% gain. GL.
DYOR.