$COIN setup coming into tomorrow
Thesis:
Liked that Josh (LucidTrades) tweeted about this earlier because I was casually charting this today, and he made me really take a second look.
COIN price would make most think downside makes sense here, but there's lots of bullish divergences from price to suggest otherwise. Labeled on the chart.
Probably best to just stay unbiased and play the levels
I personally won't take any trades here unless it exits the range. Past 4-5 trading days, I've gotten stopped out of a lot of setups, and would prefer being spared from chop.
Pretty decent volatility above or below either level. Should be a fun one
COIN
Liked that Josh (LucidTrades) tweeted about this earlier because I was casually charting this today, and he made me really take a second look.
COIN price would make most think downside makes sense here, but there's lots of bullish divergences from price to suggest otherwise. Labeled on the chart.
Probably best to just stay unbiased and play the levels
I personally won't take any trades here unless it exits the range. Past 4-5 trading days, I've gotten stopped out of a lot of setups, and would prefer being spared from chop.
Pretty decent volatility above or below either level. Should be a fun one
COIN
Aviso legal
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