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Riester
May 20, 2021 7:40 PM

COMP/BTC Critical Level @ 14500 

COMP / BitcoinBinance

Description

1. Watch reaction @ 14500 (black)
- flip as support --> higher lows made --> bullish MS --> target weekly supply @ 21000
- reject --> lose 12500 as support (blue) --> return to daily demand @ 10500 (green)

COMP is one of the few coins that made a higher low (with the daily candle close, wicks's don't count)

Many others aren't out of the woods yet

Let's see how this plays out!
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