Pennywick

Coin - Support Break in 3D

NASDAQ:COIN   Coinbase Global
BTC, as a proxy to Coin, is approaching the 2h LBB after rejecting the neckline of the Daily H&S. The 2h pennant confirmed and was promptly rejected, convergent with two morning wicks off the 2h UBB. The major market sell-off continues to see declines in high multiple stocks, setting up covering plays in the future.
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