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Top 5 Weekly Trade Ideas #1 - COIN Trend Break
Similar charts for COIN and BTC as usual. Will need to see them move in unison for confirmation. Both had an uptrend break recently and came down to support to close the week. This looks bearish to me so as long as BTC falls below 93k and COIN falls below 270ish I'll be looking for shorts targeting 85k on BTC and the gap fill around $197 for COIN.
Bias will be opposite if the reverse happens, targeting the trendlines above.
Bias will be opposite if the reverse happens, targeting the trendlines above.
You reap what you sow.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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