THIS PATTERN DEMONSTRATES $COMP'S INTENDION TO ACT ON PRICE NEXT!
Therefore, you're in the ideal place if you're searching for a thorough analysis of COMP.
This is the reason.
COMP has been trading below its primary support during the 2020–2022 downturn. The market structure is still ranging below these key supports where it was previously held. It is now building strength and may break out following a few small and large tests. Once additional traders are acknowledged within these zones, more demands will follow. This cryptocurrency may have a significant bounce the more it goes through its downward trends. The main resistance that was established is still at 100 as of right now. This might be broken anytime soon, which could lead to the testing of another significant resistance.
These posts are for educational purposes. To guide the people who might still be struggling within the crypto market, those who are new to the environment and volatility and everyone else who needs it.
Stay wise, trade cautiously.
