Selling COIN in a range.Coinbase - 30d expiry - We look to Sell at 73.48 (stop at 78.66)
The primary trend remains bearish.
Price action continued to range between key support & resistance (60 - 74) although we expect a break of this range soon.
The bias is to break to the downside.
We look for a temporary move higher.
73.78 has been pivotal.
Preferred trade is to sell into rallies.
Our profit targets will be 61.02 and 57.02
Resistance: 67 / 74 / 80
Support: 60 / 56 / 50
Disclaimer – Saxo Bank Group.
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