Following a robust surge, Coinbase experienced a decline over the past week subsequent to its peak. Observable are several bearish divergences and the emergence of a bearish trend marked by declining highs and lows, indicative of a bearish trajectory. A prospective trading suggestion is presented, complete with Entry Point (EP), Take Profit (TP), and Stop Loss (SL) parameters for a short position.
Trade active
Trade closed: target reached
Trade closed in profits!
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.
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.