Compound COMP trading analysis

Compund is currently attemping to re-test the $180 resistante level. It has tested this level twice this last month, this one being the third.

This is a clear sign of a bullish breakthrough.

If the $180 price is re-tested and broken to the upside we can expect a violent move towards the$230 price level followed by a re-test of the $180 support as part of a healthy correction and re-accumulation.

The all-time-high level of Compound is the $300 price range. I strongly believe by mid-february 2021 this all-time-high will be reached.

Will keep updated.

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