MikeMM

Bull Market OVER

Short
MikeMM Updated   
BATS:COIN   Coinbase Global
Double top at the .618 fib

Slightly higher high with the indicators showing bearish divergences.

The RSI is showing bearish div

The Macd showing bearish Div plus a cross down of the averages, The williams %r also turned down showing bearish divergences.

Bitcoin is in a head and shoulder pattern with a target of 5-6k. Coinbase probably headed for 20 or lower. It will have very few bounces. Insiders are selling this stock like crazy, they are probably going to go bankrupt with the amount of lawsuits for selling unregistered securities to unsuspecting Americans.
Comment:
People will kick and scream saying im wrong, but nothing has changed.

divergences growing.

Comment:
Ponzi wont go up more, so ponzi go down more!
Comment:
The fractal working so far.

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