Compound is trading at true bottom prices. Compound has been sideways for 1,141 days, more than three years.
This is not a bear market. The market has been even rising slowly within the long-term accumulation and consolidation period.
Trading volume has been big on the buy-side for years. Major buying is present always since the bear market ended in June 2022.
First we had a bear market. This is the period on the left side of the chart with decreasing prices.
Then we had a period of consolidation, the market moves sideways without producing a trend.
Last, we get a new trend, an uptrend. Since we had a bear market last, we get a bull market next. The bull market is followed by a bear market and the cycle repeats.
Some pairs can evolve but the market tends to produce similar patterns long-term.
We are going up, we know this based on past and current market action.
Namaste.
This is not a bear market. The market has been even rising slowly within the long-term accumulation and consolidation period.
Trading volume has been big on the buy-side for years. Major buying is present always since the bear market ended in June 2022.
First we had a bear market. This is the period on the left side of the chart with decreasing prices.
Then we had a period of consolidation, the market moves sideways without producing a trend.
Last, we get a new trend, an uptrend. Since we had a bear market last, we get a bull market next. The bull market is followed by a bear market and the cycle repeats.
Some pairs can evolve but the market tends to produce similar patterns long-term.
We are going up, we know this based on past and current market action.
Namaste.
🚨 TOP FREE Trades
ETH +1700% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1700% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🚨 TOP FREE Trades
ETH +1700% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
ETH +1700% · AAVE +1134%
XRP +749% · DOGS +868%
BTC +563% · SOL +658%
t.me/anandatrades/1350
🚨 FREE Analyses & New Results
t.me/masteranandatrades/6499
🚨 PREMIUM LIFETIME (Since 2017)
lamatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.