Compound price analysis daily

[Altcoin1998$]

6 April



Compound retested the $517-level and flipped it to a line of resistance at press time. The MACD showed rising bearishness in the market and the Awesome Oscillator noted a series of consecutive red bars.

This suggested that the bulls were not yet ready to make the climb above the $561.2-resistance and stabilization could take place at lower levels. Areas to watch out for were $450 and $420, and a dip towards $339 can even offer buy signals for long-term traders.click

[Papusha20]

6 April



Compound retested the $517-level and flipped it to a line of resistance at press time. The MACD showed rising bearishness in the market and the Awesome Oscillator noted a series of consecutive red bars.

This suggested that the bulls were not yet ready to make the climb above the $561.2-resistance and stabilization could take place at lower levels. Areas to watch out for were $450 and $420, and a dip towards $339 can even offer buy signals for long-term traders.click

@Altcoin1998$ The moderator Sir gave you a very good post.  And we agree with your post.  We were a bit ignorant about the post you made but we took full confidence in your post.