COIN Bull Flag
Updated
I was curious about how BTC would react if semiconductors and NQ dumped. So far, it seems like it may actually be decoupling from NQ. I wasn't sure if this would happen or not, but I am remaining bullish on crypto for now. I have no other longs in the market.
BTC held the 66k area, but hasn't bounced much yet. COIN is red, but holding up fine. Currently has a bull flag on the 15m that may lead to a breakout if BTC can sustain itself despite NQ weakness.
BTC held the 66k area, but hasn't bounced much yet. COIN is red, but holding up fine. Currently has a bull flag on the 15m that may lead to a breakout if BTC can sustain itself despite NQ weakness.
Note
COIN couldn't break out and had a weak. I'm not a big fan of what I'm seeing on BTC or ETH either so I gave up on my crypto longs today. I'm still very interested to see what happens with BTC if NQ keeps tanking.
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advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis:
advancedplays.com/short-thesis.pdf
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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Disclaimer
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