$Coinbase Global, Inc.(COIN)$

Bitcoin going back to 12500pt, simplified with Weekly chart.

A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. (Abstract from Investopedia)

1. Point A - bearish pennant (dead cat bounce)

2. Point B - bearish pennant (dead cat bounce)

3. Point C - potential bearish pennant?

As of now, it looks like another dead cat bounce is on the way, smashing below 19000 would bring it down back to 12500pt, a level not seen since Oct 2020

$Riot Blockchain, Inc.(RIOT)$$Marathon Digital Holdings Inc(MARA)$

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Comments

___ _
2022-09-17
___ _
i like the cats in your chart 🐱
- Huat99:
  they looks cute, but definitely not good to be appeared in rebound [Facepalm]
EvanHolt
2022-09-20
EvanHolt
Would it be a good option to short COIN right now?
Maria_yy
2022-09-20
Maria_yy
Coinbase is definitely in a downward channel at the moment.
HilaryWilde
2022-09-20
HilaryWilde
I think we can take a bounce on this stock.
Paggie
2022-09-18
Paggie
阅
TKPK
2022-09-17
TKPK
thanks for sharing 👍

Leave a comment

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(Abstract from Investopedia)1. Point A - bearish pennant (dead cat bounce)2. Point B - bearish pennant (dead cat bounce)3. Point C - potential bearish pennant?As of now, it looks like another dead cat bounce is on the way, smashing below 19000 would bring it down back to 12500pt, a level not seen since Oct 2020<a href=\"https://ttm.financial/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a><a href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a> If you find this analysis useful, please like and comments[Heart]&nbsp; &nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> <img src=\"https://community-static.tradeup.com/news/ebc80c4e94b1d8cfe59bb36d257ad936\" tg-width=\"1472\" tg-height=\"861\"></body></html>","htmlText":"<html><head></head><body><a href=\"https://ttm.financial/S/COIN\">$Coinbase Global, Inc.(COIN)$</a><v-v data-views=\"0\"></v-v>Bitcoin going back to 12500pt, simplified with Weekly chart.A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. (Abstract from Investopedia)1. Point A - bearish pennant (dead cat bounce)2. Point B - bearish pennant (dead cat bounce)3. Point C - potential bearish pennant?As of now, it looks like another dead cat bounce is on the way, smashing below 19000 would bring it down back to 12500pt, a level not seen since Oct 2020<a href=\"https://ttm.financial/S/RIOT\">$Riot Blockchain, Inc.(RIOT)$</a><a href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a> If you find this analysis useful, please like and comments[Heart]&nbsp; &nbsp;<a href=\"https://ttm.financial/U/9000000000000149\">@TigerStars</a> <img src=\"https://community-static.tradeup.com/news/ebc80c4e94b1d8cfe59bb36d257ad936\" tg-width=\"1472\" tg-height=\"861\"></body></html>","text":"$Coinbase Global, Inc.(COIN)$ Bitcoin going back to 12500pt, simplified with Weekly chart. A dead cat bounce is a temporary, short-lived recovery of asset prices from a prolonged decline or a bear market that is followed by the continuation of the downtrend. (Abstract from Investopedia) 1. Point A - bearish pennant (dead cat bounce) 2. Point B - bearish pennant (dead cat bounce) 3. Point C - potential bearish pennant? As of now, it looks like another dead cat bounce is on the way, smashing below 19000 would bring it down back to 12500pt, a level not seen since Oct 2020 $Riot Blockchain, Inc.(RIOT)$$Marathon Digital Holdings Inc(MARA)$ If you find this analysis useful, please like and comments[Heart] @TigerStars","highlighted":1,"essential":2,"paper":1,"likeSize":42,"commentSize":30,"repostSize":2,"favoriteSize":0,"link":"https://ttm.financial/post/9937882356","repostId":0,"isVote":1,"tweetType":1,"viewCount":1129,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["MARA","RIOT","COIN"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":604,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103973525,"gmtCreate":1663421202690,"gmtModify":1663421206893,"authorId":3566385558470298,"author":{"id":3566385558470298,"authorId":3566385558470298,"name":"___ 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