Technical CRYPTO Analyst
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#COMP it is forming a bearish pattern where it is expected that after reaching the support, the price will be able to break the support and decline until the next support.
#COMP is in the stabilization range and has managed to break the heavy and main resistance of $58.00-57.00. In the 4H TF, it seems to be a breakout, the price can continue to grow up to $70.
#COMP's price chart moves almost in a weak upward channel and has not yet reached the bottom of the channel.
Therefore, it is possible that the price will decrease by about 20% and reach $41.00.
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