COIN has pulled back really well into a tightening wedge. Defended the bottom and now up over 3% on the day. If you zoom out to the weekly, it bounced right off the 20 EMA as well. Great spot to look for a bottom forming and a break of the wedge. Will be interesting to see how much they're making from the BTC ETF.
Comment:
Holding green on a massive BTC down day. Sellers may be drying out.
Comment:
As long as we hold Friday's low, I'm feeling good here. A red to green would be sweet.