COIN - Plagued with bearish divergence
There is bearish divergence on top of bear divergence on this chart. If one chart pattern gives you a leg up on the market… it is divergence, bearish or bullish. Options expiration is March 27th and I wouldn’t expect the fun to last a day longer than op-ex. It is quarterly op ex which is the most significant and tends to represent the more extreme swings in the market. Be careful out there!
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