COIN - what to expect
hi traders
COIN stock looks bad.
Monthly close is upon us and it looks like it's gonna be a bearish engulfing candle.
In the next few weeks I expect a bounce and retest of the previous support around 245$ where we should get a rejection and the continuation of the downtrend.
We can see a bearish divergence in the monthly time frame.
COIN's chart looks pretty similar to the BTCUSDT chart that we analyzed today:
Recommended strategy:
1. Short around 245$ area and take profit near 180$.
2. Play the bounce from 180$
Good luck
COIN stock looks bad.
Monthly close is upon us and it looks like it's gonna be a bearish engulfing candle.
In the next few weeks I expect a bounce and retest of the previous support around 245$ where we should get a rejection and the continuation of the downtrend.
We can see a bearish divergence in the monthly time frame.
COIN's chart looks pretty similar to the BTCUSDT chart that we analyzed today:
Recommended strategy:
1. Short around 245$ area and take profit near 180$.
2. Play the bounce from 180$
Good luck
💥 Free signals and ideas ➡ t.me/vfinvestment
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
💥 Free signals and ideas ➡ t.me/vfinvestment
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.