15.9K @chad_ventures $COIN Weekly Gann Square
Mean rejection off the horizontal at $210. Potentially forming a double bottom at the crucial 0.618 log Fibonacci level at $158.
Space between the 0.618 and Gann arc getting pretty tight. Will price be able to get back inside the arc soon? That would be important.
Ultimately needs to reclaim $210 for full confirmation of a bottom.
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3.5K @PhatChin $COIN W 🟥
Tenkan and VWAP resisted PA this week and we likely still need to touch down onto the orange Gann angle. Lower indicators moving sideways. https://t.co/c26LOQSxuq
3.5K @PhatChin $COIN W 🟥
We were looking good. Until we weren't. PA was above the 0.236, orange horizontal, VWAP, and Tenkan yet it still broke down. Thanks, Bitcoin. Indicators are renewed with bearishness and we're to touch down onto the orange angle again. Trend is bearish. https://t.co/eVWyrSiqUA
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1.4K @PZtrading Coinbase - 1W
$COIN is hanging on by a thread.
I do not want to see price establish below $140, if it does, I would like to see sub $100 for the stock.
For now, we are holding, and if the stock market bottoms somewhere here, then I can see Coinbase start to climb, eventually reaching new ATH and my target at $580.
Invalidation for this is if we can’t hold the green area.
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