Coinbase GlobalShort
COIN, bearish idea 120321
COIN All time high 429.54, all time low 208
Broke through 280 support and now heading toward the 250 level.
RSI: 1Y (32,69), 1M (22.36), oversold
DMI: Bearish trend line (red) and trend strength (yellow) looks stronger on both 1Y and 1M
Strong sell on moving averages for 1 week and 1 day time frames. Would not be surprised to see this starting to test sub 225 price levels in the not too distant future.
Broke through 280 support and now heading toward the 250 level.
RSI: 1Y (32,69), 1M (22.36), oversold
DMI: Bearish trend line (red) and trend strength (yellow) looks stronger on both 1Y and 1M
Strong sell on moving averages for 1 week and 1 day time frames. Would not be surprised to see this starting to test sub 225 price levels in the not too distant future.
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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.