Hey guys
COMP has broken its two-year downtrend line on the weekly time frame
and started a strong bullish move accompanied by impressive trading volume.
Currently, there are two resistance levels in front of it
The $70 level is the ceiling of the trading range channel, and the $80-$100 range is a very important resistance level
In the daily time frame, we see the breaking of the $50 level with strong candles
There is a possibility that the price will return to the broken resistance or FVG or Breaker Block
Please give your comments to improve my ideas
Thank you
COMP has broken its two-year downtrend line on the weekly time frame
and started a strong bullish move accompanied by impressive trading volume.
Currently, there are two resistance levels in front of it
The $70 level is the ceiling of the trading range channel, and the $80-$100 range is a very important resistance level
In the daily time frame, we see the breaking of the $50 level with strong candles
There is a possibility that the price will return to the broken resistance or FVG or Breaker Block
Please give your comments to improve my ideas
Thank you
