Coinbase Global
Short
Updated

COIN Appears to be in the LPSY Phase of Wyckoff Distribution

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COIN Appears to be in the LPSY Phase of Wyckoff Distribution. Compare a Wyckoff chart with the Coin chart and you will see with match up with the LPSY phase of Wyckoff Distribution.

Trade carefully.

Trade closed manually
Looks like along with all other Crypto's, the Feds .25 point rate cut news was the trigger / cover for at least a short term Crypto crash. COIN is currently sub $300 and going lower looking for support. Guess all the insider selling news was accurate. I close my long term position on COIN stock back at the $305 level after holding for two years.

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