RIVN settled this week after a much awaited sell off from the local top put in during the last tech bull run. Stochastic has turned over signaling a retreat from being oversold. Indicators are pointing to RIVN having more downside to fill in the gaps created on the last bull run. Id like to see a retest of this weeks high before grabbing puts, but any breakdown...
COIN was consolidating in a descending wedge with an oversold Stochastic reading and was primed for a breakout, but new macro environment resulted in a breakdown out of the wedge. Bitcoin is tumbling; I would look at the 200-day as a possible support area. A bounce in the major indices would coincide with COIN retesting the wedge breakdown. That would be a good...
Coinbase is on a steady trendline down, but I believe once it catches some support, a breakthrough of the trendline will create a big squeeze in the crypto name
