Compound
Updated

COMP.usd Next Target and Heads Up at $153: possible Wave Ending

509
Quick post to alert of some key levels coming up next.
COMP has been coming back strong, with DeFi in general.
We are now approaching some possible Wave Endpoints.
Note
Target hit

$153 zone acquired snapshot likely to pull back some now

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Note
Looks like break and Retest snapshot However, I expect this to be a "high gravity" zone.
So it is quite possible that price "orbits" this zone a couple of times, but lets see.

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Note
Successful Retest and Continuation

We look to have a nice retest of previous resistance snapshot Albeit it was pierced a bit on retest, but still a good look.

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Assuming the $153 zone is now support, I have green now, and looking ahead to the next resistance in red snapshot of course there is no way to know IF it will get there, but if it DOES, we will be ALERT.

All in all looks like it has some room to grow yet.


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