The low for Coinbase (COIN) was set back in 12-May 2022 at $40.83.
Today, 193 days later, COIN losses this support and a new low is hit.
The volume profile spells doom for this stock.
We can see strong bear volume and weak bull volume as this new low is being hit.
Everything is about to speed up...
We can expect bottom searching on the next drop.
CHANGE
COIN needs to move and close above $50 or EMA10 for the bulls to be back in the game.
Namaste.
Today, 193 days later, COIN losses this support and a new low is hit.
The volume profile spells doom for this stock.
We can see strong bear volume and weak bull volume as this new low is being hit.
Everything is about to speed up...
We can expect bottom searching on the next drop.
CHANGE
COIN needs to move and close above $50 or EMA10 for the bulls to be back in the game.
Namaste.
Note
The bearish bias becomes stronger as the May low is lost as support.Coinbase (COIN) continues aiming lower.
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🚨 You need PREMIUM trade-numbers to profit from Cryptocurrencies —Best timing & amazing results! 👉 lamatrades.com (Since 2017)
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
💥💥💥 Early 2025 Results (NEW)
t.me/masteranandatrades/6119
🏆 FREE Trade-Numbers
anandatrades.com
Related publications
Disclaimer
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.