$COMP COMP Today's Market Analysis:
The 1-hour chart clearly points to a bearish trend, and the purple signal appears on the 2/4-hour chart. Today's focus is on the 51.74 price level. If the market fails to stand above this level, the 4-hour level will maintain a bearish pattern.
The lower support targets are 51.53, 50.94 and 50.56 respectively;
If the market rebounds, the upper resistance targets will focus on 52.32, 52.57 and 52.73. If the rebound fails to break through any of the above prices, the bearish trend will continue. It is recommended to pay close attention to the market dynamics in the short term and operate flexibly.
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The long-short dividing line is for you to judge the direction, the resistance level and pressure level are for you to judge the reduction of positions and moving profit-taking. Those who can give you a one-sided market probably have relatives in Wall Street. Pay attention to the market to make orders (BTC ETH). The software is dead, but people are flexible.
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