A very long time ago, we did not publish the idea of a trade pair of Compusdt Today we decided to publish because COMP Token Compound is one of the few alts, which showed growth last week.
Over the past week, buyers showed an increased interest in the Compusdt pair, it can be seen in the combination price increase + high trading volumes. And we did not find some screaming news that could so push the price up. If we missed something, please write about it in the comments. Now, the price hit a strong liquid area of $440-540, which the last price was last checked for strength on the rebound after the May fall.
Now it is more logical that the price will fall for checking the strength of a $240-290 area. If buyers are activated in this zone again, it will be a clear signal for taking a Long position, because then buyers will show that they are strong and there are many of them. In this case, it will be possible to focus on further growth behind the white scenario.
If by that time, the negative mood in the cryptocurrency market will dominate, and the price of Btcusdt will update the minimum, then it is unlikely that the price of CompUSD will go against a common trend. In this situation, you will need to focus on the movement of the price behind the red scenario, and the area of $140-160 will be tasty to buy. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
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