I have been watching how the Coin base equity stock is trading compared to Bitcoin. We are able to spot very good trading opportunities, such as the bear trap shown above.
As of now, $COIN closed at 75.29 on Friday afternoon, which is above last weeks highs. Most people will try to go long because they consider that a breakout.
On the other hand, on Friday BTCUSDT was near the lows of last weeks. Now, its at near highs.
I have already published another idea explaining why COIN is a sell. Will be following my stop loss and take profit levels.
I'll be quick to switch sides if i see the right price action.
As of now, $COIN closed at 75.29 on Friday afternoon, which is above last weeks highs. Most people will try to go long because they consider that a breakout.
On the other hand, on Friday BTCUSDT was near the lows of last weeks. Now, its at near highs.
I have already published another idea explaining why COIN is a sell. Will be following my stop loss and take profit levels.
I'll be quick to switch sides if i see the right price action.