Hello Traders!
Coin seems to potentially have a little bit more steam left. If it does make one more push... where will price go?
At $429.54 we have the All Time High for COIN.. interesting enough that price was hit on the first day of trading for COIN which adds to the significance of this price level. There is also a trendline connected from pivot to pivot. These two factors converge and create a significant level of resistance.
Most likely I will be entering a short position at this level.
Thanks everyone and best of luck on your trading journey!
Coin seems to potentially have a little bit more steam left. If it does make one more push... where will price go?
At $429.54 we have the All Time High for COIN.. interesting enough that price was hit on the first day of trading for COIN which adds to the significance of this price level. There is also a trendline connected from pivot to pivot. These two factors converge and create a significant level of resistance.
Most likely I will be entering a short position at this level.
Thanks everyone and best of luck on your trading journey!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.