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Compound (COMPUSD) Market Prepares for Next Wave

Compound
October 07, 2023

Compound (COMPUSD) Retraces Downward Following Resistance Invalidation

COMPUSD Analysis: The Market  Retraces Downward After An Invalidation Of The Diagonal Resistance COMPUSD retraces downward after an invalidation of a diagonal resistance. Following the upsurge in June 2023, the market expanded rapidly into the premium zone. The expansion ended its first phase with ...
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October 02, 2023

Compound (COMPUSD) Continues Bullish Trend, Exiting Discount Zone

COMPUSD Analysis – Market Resumes Its Bullish Trend As Price Leaves The Discount Zone COMPUSD resumes its bullish trend as the price leaves the discount zone. The market turned bullish in June 2023 after a Change of Character (CHoCH) to the upside. At $86.00, a correction to the downside occu...
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September 15, 2023

Compound (COMPUSD) Reverts From Discount As The Market Leaves Oversold State

COMPUSD Analysis: Price Reverts From Discount As The Market Leaves Oversold State COMPUSD reverts to a discount as the market leaves the oversold state. The RSI (Relative Strength Index) reveals that the market is oversold. This was because of the consistent depreciation of the Compound’s val...
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September 09, 2023

Compound (COMPUSD) Retraces Upward As The Third Impulse Swing Ends

COMPUSD Analysis: The Market Retraces Upward As The Third Impulse Swing Ends COMPUSD retraces upward as the third impulse swing ends. The prior trend was bullish until the retraction of the price at the $86.00 resistance. The market is currently in a consolidation phase as it entered an oversold st...
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