This analysis focuses on the COMP/TetherUS pair on the weekly chart, where a clear ascending triangle pattern has formed over the past few years. The price is currently testing the upper resistance of this pattern around 40.14 USDT, and I anticipate a breakout to the upside with a potential target of 170 USDT.
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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.