Compound vs Bitcoin Long-Term (Bullish Confirmed)

2022年7月10日

The bullish bias has now been confirmed for Compound.

We are looking at COMPBTC but also COMPUSDT has gone bullish.

Notice the candle marked 13-June.
The Doji with -8 TD Sequential count marks the low.

The full green candle that follows confirms the low.

The current candle with a long wick below EMA10 (0.002376) just to recover and close the week above this level confirms the bullish bias.

With these signals in, the low, bounce and test of short-term support, we can expect prices to start moving up.

A change of trend = Long-term growth.

Long-term growth = Higher highs and higher lows.

Namaste.