$COIN - Update: Buy + TP
Hello Friends,
For those of you looking to capitalize on
COIN you may want to add to your position, or start accumulating for the first time.
My original post:
UPDATED IDEA:
COIN moving nice with 
BTC in this 2024-2025 Bull Run!
Remember,COIN basically mimics BTC so we want to trade them in a similar fashion.
As you can seeCOIN is still trading below the $368.90 High & the ATH of $429.54.
I am expecting those levels to be traded to asBTC continues higher.
The chart showing "Swing Protection TP 1" based on our current swing we left ($283-$149) is giving us a projection of $419.61.
That being said, if you wish to add to yourCOIN holdings at ~$318 (or lower), you have upside available to take profits.
Please note: $429.54 ATH is a good objective.
WillCOIN go higher with this bull run? IT all depends on when BTC tops out - I will update you then or follow along with my BTC exit strategy...
Check out this link for my BTC Exit Strategy :
For those of you looking to capitalize on
COIN you may want to add to your position, or start accumulating for the first time.My original post:
UPDATED IDEA:
COIN moving nice with BTC in this 2024-2025 Bull Run!Remember,
COIN basically mimics BTC so we want to trade them in a similar fashion.As you can see
COIN is still trading below the $368.90 High & the ATH of $429.54.I am expecting those levels to be traded to as
BTC continues higher.The chart showing "Swing Protection TP 1" based on our current swing we left ($283-$149) is giving us a projection of $419.61.
That being said, if you wish to add to your
COIN holdings at ~$318 (or lower), you have upside available to take profits.Please note: $429.54 ATH is a good objective.
Will
COIN go higher with this bull run? IT all depends on when BTC tops out - I will update you then or follow along with my BTC exit strategy...Check out this link for my BTC Exit Strategy :
Note
Additional TP (Take Profit) levels will given as needed. 
Trade active
BUY ENTRY
Looking for longs below $263.07 = 50% Fib Discount on the current swing structure.
OTE Entry from $242-$212
Note
As you can see any Buys under the 0.5 Fib level of $263.07 were filled 🚀
The OTE Range was not retraced to, but thats okay because we took the "low hanging fruit" entry!
TP Objectives soon to come...
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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.