COIN
much like many of the crypto stocks pumps are steadily meeting strong resistance as the result of the sell down. Although Bitcoin and several crypto names went on a pump on etf news. There still a ton of downside that is likely to fill as we examine structure.
80-85 strong overhead resistance.
Still trading within our strong weekly bearish engulfing candle (5 weeks now)
Potential Bear Flag Under Resistance
Next level of support is around $50.
I would like Nov 24-Dec 1st puts to come active on this next week as we head into NFP.
Ideal entries back around 80
COIN