Looking for a long entry here after the retracement.
Trade attivo
First target is the $2.71 Buystops above those equal highs.
Consider CONL if you want 2x leverage 🚀 Its a 2x leverage ETF based off of COIN
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$271 target reached - If you took profits, great!
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Target 2 = $368.90
Lets look for this over the coming weeks.
There is also an old high @ $290.19 if you wish to take profits there as well.
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I will be looking to add to my position @ $2.46 - $2.42
That will give us a 50% discount on our Fib level with the +BR...
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We can the high and have retraced back down again. Still looking for an opportunity to add/ buy.
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TRADE UPDATE:
COIN moving nice with BTC in this 2024-2025 Bull Run!
Remember, COIN basically mimics BTC so we want to trade them in a similar fashion.
As you can see COIN is still trading below the $368.90 High & the ATH of $429.54.
I am expecting those levels to be traded to as BTC continues higher.
The chart showing "TARGET 1" based on our current swing we left ($283-$149) is giving us a projection of $419.61. That being said, if you wish to add to your COIN holdings at $316, you have upside available to take profits.
Please note: $429.54 ATH is a good objective.
Will COIN go higher with this bull run? IT all depends on when BTC tops out - I will update you then or follow along with my BTC exit strategy...
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