I'm no professional but I'm knowledgeable. I believe $170 was our baseline. I see this possibly going to the mid $200 in the next 2 weeks. COMP seems to move down due BTC/SECURITIES & fear (covid-19). The DEFI network or the main use of COMP is increasing (FARMING). Sure there are high fees and congestion (GAS/ETH/DEFI) right now but it will all clear out as long as the global economy doesn't see a major set back. Short term if BTC continues sideway I can see COMP COIN in the $198.00 for a bit. Microsoft also announced the ETH/DEFI network would be the first stepping stone for future progress.(Chico Crypto references the proper papers on youtube).
I base all my charts off the 2/4HR time table ....This is purely my own speculation and should not be taken as financial advice....
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So I would issue a Warning here at the mid $175 for the next 8 hours as we might freefall dip as my chart shows into the range of one $162-$156. If we manage to stay above $172 for the day we can expect a bounce up to $185 in correlation with a 2% BTC bounce.
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Well so far my chart has been holding true...I had it mapped out a week prior to posting. Be Careful lots of spike trading remember we're looking for the BTC boost to solidify COMP COIN to push HIGHS.
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I always keep all my charts private because there's plenty of ppl who dont know wtf they talking about. listen DEFI is the future of crypto investment....interest is the name of the game...COMP provides the gains and its surpassed MAKer coin...soo tell me who's wrong here. that's why comps has been shooting even when BTC is down.
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