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$COIN $140 before $300+?
Coinbase Global
$COIN $140 before $300+?
By benjihyam
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Updated
18 hours ago
9
8
8
Jun 19
If you look at the chart,
COIN
has broken out of it's downtrend but has now formed a lower high and looks to be set to go lower from here.
I think the most likely scenario here is for
COIN
to correct to the $140 area before moving up to the $350 resistance area.
This would also line up with my thinking that
BTC
moves
down to GETTEX:54K-48k before seeing new highs.
Let's see how it plays out over summer.
Jun 27
Note
Going to buy puts tomorrow morning. Both crypto and stock market look weak.
Aug 1
Note
Next stop $140-150
18 hours ago
Order cancelled
Now think $300+ before $100. $100 will still get tagged either this year or next. I bought
COIN
calls last week. Will update chart soon.
coin
coinbase
crypto
cryptomarket
Supply and Demand
Trend Analysis
Trend Lines
benjihyam
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$COIN looks like a good short here
by benjihyam
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