I think its a perfect time to re enter or put crypto names back on your radar for a short term pump. We have shaken out all of the hype and bitcoin halving people, hope and happiness is almost dried up in retail.
If we break our dark green line, I would stop out and wait for a re entry at next support. I see COIN to $230 soon....
If we break our dark green line, I would stop out and wait for a re entry at next support. I see COIN to $230 soon....
Note
well this setup nicelyNote
look at the day I am posting from, it was soooo closeTrade closed: stop reached
SheeshTrade active
BuyTrade active
Trade active
overall looks bearish Trade active
Trade active
I still stand bearish on COIN short term due to the lack of structure that was built at its lows. I think a retest is needed after trumps coin comes out.
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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.