Coinbase Global
Short

COIN: Lol...

724
LOL, who needs WSB for loss porn, just come to COIN ideas on TV xD.


While everyone was desperately longing this last week, I was shorting.

Take a look at the chart. These lines represent supply and demand zones that are algorithmically determined. Red is supply, green is demand.
There is no demand until sub 200, at around 190.

A huge daily gap fill as well.

Don't really need math for this.

However, if you're interested in the math I'll throw you a tip, expect a further -0.6 to -1% decline into tomorrow.


Safe trades, not advice!
Note
snapshot

This and TSLA gave amazing entry points on the day.
This one was a bit more of a slow burn down to the -1% TP from open but good.

Don't be mislead by relief rallys btw.

Not advice!
Note
If Trump's manipulation over the weekend can't save this garbage stock, nothing will.

Its over for coin xD.

That said, it did drop sub 200 premarket last week but quickly recovered.
I covered my position last week for small gain, I just did CONI, very boring I know.

Was tempted to re-short the Trump pump today but honestly thought this would rally on the news. Guess not!

Anyways, closing this off, we will return to the demand zone sub 200s shortly.


Safe trades everyone!
Note
I had to come back just to say I told you so.
You see, it took forever but it did it.

xD

Safe trades!

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