COIN has hit a major selling peak and resistance, with price making a higher high while the daily RSI made a lower high and earlier such divergences preceded drops, so a good short level is available; he may watch this trend line for a potential short, though a Bitcoin surge could push COIN much further up.
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What does Coin look like? I'll take a look at Coin. Coin also faces a resistance level here. I'm glad I deleted all my levels. It looked like a previous Rorschach test .
Well, one of the things I like about Coin is the three-day dividend payouts. As you can see, the price has reached a major selling peak. Then it experienced a slight increase. There was a slight and obvious decline here, with the price recording a higher high, while the Relative Strength Index (RSI) recorded a lower high.
A good short selling level is available here. Another drop here. A very significant drop here. You can observe these drops recurring each time. Is this an upward decline? No, it's not like that.
This is not an upward decline. But given the current situation, the Relative Strength Index is somewhat neutral here. The Relative Strength Index (RSI) on the daily chart is trending upwards, but not significantly.
I might be watching this trend line for a potential short selling opportunity on Coin. But of course, you know, if the price rises naturally, you know, because of Brian Armstrong's profits, etc., and then the price of Bitcoin skyrockets the next day, it could go much further than that .
What this channel has said about $COIN
Verified Investing has 4 calls on this stock; only the adjacent ones are shown.