TradingView
Pennywick
Jan 13, 2022 5:58 PM

Coin - Support Break in 3D 

Coinbase Global, Inc.NASDAQ

Description

BTC, as a proxy to Coin, is approaching the 2h LBB after rejecting the neckline of the Daily H&S. The 2h pennant confirmed and was promptly rejected, convergent with two morning wicks off the 2h UBB. The major market sell-off continues to see declines in high multiple stocks, setting up covering plays in the future.
More