AlanSantana

Compound vs Bitcoin Long-Term (Bullish Confirmed)

Long
COINBASE:COMPBTC   Compound / Bitcoin
The bullish bias has now been confirmed for Compound.

We are looking at COMPBTC but also COMPUSDT has gone bullish .

Notice the candle marked 13-June.
The Doji with -8 TD Sequential count marks the low.

The full green candle that follows confirms the low.

The current candle with a long wick below EMA10 (0.002376) just to recover and close the week above this level confirms the bullish bias.

With these signals in, the low, bounce and test of short-term support, we can expect prices to start moving up.

A change of trend = Long-term growth.

Long-term growth = Higher highs and higher lows.

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