COIN breakdown confirmed. Is it a negative sign for BTC as well?
Updated
Coinbase has confirmed the breakdown of the bullish channel since BTC's rise from 30k$ levels. We should see a retest of 250$ ish levels before going down again if I'm right. Since COIN is highly correlated to movements in BTC, is it a sign of upcoming downside in BTC too ?
Disclaimer : This is not a financial advice. I'm just sharing these charts for educational purposes. I do not have any positions in the assets discussed above yet.
Disclaimer : This is not a financial advice. I'm just sharing these charts for educational purposes. I do not have any positions in the assets discussed above yet.
Trade closed: target reached
The Target was reached around 220 $ before the new reboundDisclaimer
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.