COMP and his running flat ambitions

Good morning Traders


This is my primary count for COMP.

Seeing this entire corrective move as a larger wave 2 after an explosive W1 from $33 to $373 on Uniswap back in June.

Ultimately looking for much higher as the DeFi space grows in a bull market but targeting $305-$311 for now before a final 0.618 retracement to complete a potential running flat to complete wave 2 before the next leg up (or an expanded flat if the final corrective wave ends up being a deeper retracement).
binanceChart PatternsCOMPcompoundcorrectivestructureDEFIexpandedflatTechnical IndicatorsrunningflatuniswapWave Analysis

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