UnknownUnicorn1935796

$COMP $COMPBTC #COMPBTC #COMPUSDT Bull Flag in Progress Here?

Long
BINANCE:COMPBTC   COMP / Bitcoin
I'm eyeing both the BTC & USDT pairing of COMP (Compound), which, although a little different, seem to be telling a similar story. COMPBTC in particular has my attention because the price has finally made it's way over the 200 MA on the day chart, which is huge. All the MA's are curling up nicely under the price, and it's making me think we've got just a few more days of consolidation (within a bull flag) before making a move up, possibly coming back and touching it, and then moving up higher.

I think the USDT pairing will likely take off when the BTC pairing does, and probably spend the next few days consolidating as well, as the 100 day MA is crossing nicely upward with some other smaller time frame MA's on that chart.

My target is appx 240, which represent some major price levels that can be seen on the month charts.

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