Coinbase should be a shame of themselves especially after being on CNBC over and over last week touting
how professional they are and want to be the NASDAQ of cryptos.
My message: In my humble opinioin "THIS WAS UNACCEPTABLE AND DOWNRIGHT CRIMINAL!
In any regulated environment the SEC' would be at the door this morning! They lacked...
Lets see what Resistance level does.
If it breaks out convincingly then long would be best.
If it retraces we should look at price action, With little bearish momentum take profit at support, with more bearish momentum see if support levels can be broken for bearish reversal on a longer timeframe.
Be sure to monitor a short, since the trend is still bullish right now.