- Hello traders! COIN made a massive move today, breaking out of a beautiful Inverse Head & Shoulders pattern. So whats next?
- There are significant resistance levels approaching between $267 and $302 (including the Inverse H&S target level) which could potentially make for a good intraday short trade opportunity.
- Watch for a quick reversal from these levels in the coming days, if you're quick you may be able to catch a short trade.
- Theres no gaurantee that price will bounce from these levels, however this zone will certainly act as significant resistance in the short term.
~ Thanks everyone and best of luck in your trading journey!
- There are significant resistance levels approaching between $267 and $302 (including the Inverse H&S target level) which could potentially make for a good intraday short trade opportunity.
- Watch for a quick reversal from these levels in the coming days, if you're quick you may be able to catch a short trade.
- Theres no gaurantee that price will bounce from these levels, however this zone will certainly act as significant resistance in the short term.
~ Thanks everyone and best of luck in your trading journey!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.