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COIN Head & Shoulders & Fakeout
COIN looked like it was going to break above this bull flag and I thought BTC may run up to a new ATH while it was happening, but they both stalled. COIN ended up with a big fakeout above the bull flag and formed a head and shoulders. Now it's all the way back near the bottom of the flag, barely hanging on to support.
This chart went from bullish to bearish real fast, we'll see if it can recover and hold the bottom end of the flag or not.
This chart went from bullish to bearish real fast, we'll see if it can recover and hold the bottom end of the flag or not.
AP Academy Beta Registration Open:
ko-fi.com/advancedplays/tiers
Short Thesis Update:
imgur.com/a/tz4xLMU
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
ko-fi.com/advancedplays/tiers
Short Thesis Update:
imgur.com/a/tz4xLMU
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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