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AlanSantana
Jan 8, 2023 11:13 PM

✳️ Compound Descending Channel Followed by Bullish Wave (120%+) Long

Compound / BitcoinCoinbase

Description

This little pattern here reveals what is coming to Compound.

#1 | Descending channel leads to rounded bottom followed by...
#2 | A bullish wave.

Now we have a strong higher low, a bullish RSI and market conditions improving.

#1 | The descending channel is present and lead to a failed consolidation that ended in a rounded bottom. This rounded bottom can be followed by...
#2 | A bullish wave.

40/50% potential on the first jump.
A total of 120% for the entire wave mapped on this chart.

Thank you for reading.

Namaste.
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