Based on the current chart, 
COMP is showing some strength.
When the CSTP indicator shows a blue candlestick body with red wick/tail. it is an indication of a potential bearish move, unless the next candle after it close as bullish (green or blue candlestick with green wick)
I will expect it retrace to the yellow moving average line before a possible uptrend reversal, else the bullish move continues.
Trade smartly and apply risk management.
COMP is showing some strength. When the CSTP indicator shows a blue candlestick body with red wick/tail. it is an indication of a potential bearish move, unless the next candle after it close as bullish (green or blue candlestick with green wick)
I will expect it retrace to the yellow moving average line before a possible uptrend reversal, else the bullish move continues.
Trade smartly and apply risk management.
#SmartAnalyst
access- cryptosmartanalyst.com
access- cryptosmartanalyst.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
#SmartAnalyst
access- cryptosmartanalyst.com
access- cryptosmartanalyst.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.