✳️ Compound Descending Channel Followed by Bullish Wave (120%+)

8 Jan 2023

This little pattern here reveals what is coming to Compound.

#1 | Descending channel leads to rounded bottom followed by...
#2 | A bullish wave.

Now we have a strong higher low, a bullish RSI and market conditions improving.

#1 | The descending channel is present and lead to a failed consolidation that ended in a rounded bottom. This rounded bottom can be followed by...
#2 | A bullish wave.

40/50% potential on the first jump.
A total of 120% for the entire wave mapped on this chart.

Thank you for reading.

Namaste.