COMP// Best Entry Point$COMP has a unique pattern forming, usually most alts have the same or very similar patterns, however I dont recall any I've charted recently that look like this.
I like to make assumptions that if alts are sitting on key support levels, then Ideally BTC wont fall through - pulling everything else with it. Most times, when aligned with other variables this ideology works.
What Im seeing on $COMP is a possible rising wedge or
ACTUALLY, scratch what I was about to say. Just glanced at the weekly chart, and this is simply price breaking weekly resistance and retesting, however it shows another perspective on the daily. Both options on the arrows are still viable in the short term though. I will include the weekly chart below.
Let me hear your thoughts.
