BitsOfWealth

BitsOfWealth

Looking at NASDAQ:COIN on the higher time frames, showing potential for a move back down to the $120 zone after rejection from overhead levels. Moving down within a descending volatility channel, within a larger ascending channel, and looking for support in the HTF support zone below in green.

BitsOfWealth

Just my opinion of what the macro trend is for the BLX chart. Over time, we will continue to see the "floor" move up and "ceiling" increase as well. Making some assumptions here, of course, as to the length of these bull and bear cycles based on the last 2 cycles. No one truly knows, but this is what I am seeing so far.