Coinbase - potential downside
I think coinbase has a good chance if still heading a bit lower down to 220.
The move down today so far so been very swift after a breakout yesterday which is indicative of a false break.
There are however mixed signals as other miners look ok.
However CLSK also has this bearish look to it so I think further downside is more likely before the market continues higher.
The move down today so far so been very swift after a breakout yesterday which is indicative of a false break.
There are however mixed signals as other miners look ok.
However CLSK also has this bearish look to it so I think further downside is more likely before the market continues higher.
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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.