Following a robust surge, Coinbase experienced a decline over the past week subsequent to its peak. Observable are several bearish divergences and the emergence of a bearish trend marked by declining highs and lows, indicative of a bearish trajectory. A prospective trading suggestion is presented, complete with Entry Point (EP), Take Profit (TP), and Stop Loss (SL) parameters for a short position.
Trade active
Trade closed: target reached:
Trade closed in profits!