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P_S_trade
Dec 11, 2020 10:42 AM

COMP 12h x2 done, it's time to correct down 

COMP / TetherUSBinance

Description

1.5 months have passed since
, it's time to update it.

So, since the previous forecast, the COMPUSDT price has fixed the low at $80.62, and our thoughts coincided with the market situation.
Further, we saw a steady growth and x2 to the COMPUSDT value.
$180 is the high that buyers managed to fix, and then sellers began active.
At the moment, everything below $158.5 is under the control of sellers.

They built the falling price channel, over time we will check how technically it works out.
While the price is in sellers' control zone, the most likely route for us is the COMP price move to $123 - a small bounce - a continuation of the fall to $100.

So far, without cardinally negative thoughts, but the level of $38, just in case, we will leave on the chart.
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Comments
KlejdiCuni
Great idea!
Priceaction776
nice thanks for sharing
InkyGrip
Nice analysis, thanks 🦐
Fisher_Fx
good work bro
Mihai_Iacob
Nice chart, thanks for sharing!
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