quantmaven

Compound: One Last Downtrend

Short
BINANCE:COMPUSD   COMP
This DEFI lending platform is showing a clear Elliott Wave count: a gigantic primary zig zag, where there is only an intermediary wave 5 of primary c to finish. In other words, there is still -30% potential from current level, so the target would be $150. It seems like a crystal clear textbook count to me.
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