COIN Short Idea

COIN is showing a lot of weakness today along with BTC. It had been holding above $236, but finally broke and hit $221. It has continued to fall even further after a small bounce and is now well below $221, it also retested the area and failed already. I like this for a move down to $200-$190, especially if the BTC, NQ, and semi weakness continues.
Chart PatternsTrend Analysis

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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes.
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