In this Renko chart for the COMPUSD (Compound) pair we have a mixture of signals and systems.
We are using it to spot a bottom and also confirm the reversal of a trend.
The fact that we have a perfect flat correction (3-3-5) based on EW coupled with the highest volume ever, 4 green bricks on the weekly timeframe, all confirm that the bearish trend is over.
This thing can literally change and reverse but as it is now we have a newly developing uptrend.
Compound is entering a new bullish trend that can last for years.
The next All-Time High can go beyond $1,600 or even up to $2,000. This is my projection for late 2024 or early 2025.
Thanks again for reading.
Namaste.
We are using it to spot a bottom and also confirm the reversal of a trend.
The fact that we have a perfect flat correction (3-3-5) based on EW coupled with the highest volume ever, 4 green bricks on the weekly timeframe, all confirm that the bearish trend is over.
This thing can literally change and reverse but as it is now we have a newly developing uptrend.
Compound is entering a new bullish trend that can last for years.
The next All-Time High can go beyond $1,600 or even up to $2,000. This is my projection for late 2024 or early 2025.
Thanks again for reading.
Namaste.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.