$Coinbase Global, Inc.(COIN)$

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":1265,"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,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":604,"xxTargetLangEnum":"ORIG"},"commentList":[{"id":103973525,"commentId":"103973525","gmtCreate":1663421202690,"gmtModify":1663421206893,"authorId":3566385558470298,"author":{"id":3566385558470298,"idStr":"3566385558470298","authorId":3566385558470298,"name":"___ 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[Facepalm]"}],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104006648,"commentId":"104006648","gmtCreate":1663638197268,"gmtModify":1663638205663,"authorId":9000000000000592,"author":{"id":9000000000000592,"idStr":"9000000000000592","authorId":9000000000000592,"name":"EvanHolt","avatar":"https://static.tigerbbs.com/1cd57814a32b0b71cd3970e95d101105","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9937882356,"objectIdStr":"9937882356","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Would it be a good option to short COIN right now?","text":"Would it be a good option to short COIN right now?","html":"Would it be a good option to short COIN right now?","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104006634,"commentId":"104006634","gmtCreate":1663638180193,"gmtModify":1663638184889,"authorId":9000000000000478,"author":{"id":9000000000000478,"idStr":"9000000000000478","authorId":9000000000000478,"name":"Maria_yy","avatar":"https://static.tigerbbs.com/168415c8fa94e7b14ffb415e8098eac9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9937882356,"objectIdStr":"9937882356","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"Coinbase is definitely in a downward channel at the moment.","text":"Coinbase is definitely in a downward channel at the moment.","html":"Coinbase is definitely in a downward channel at the moment.","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":104006640,"commentId":"104006640","gmtCreate":1663638187812,"gmtModify":1663638192075,"authorId":9000000000000562,"author":{"id":9000000000000562,"idStr":"9000000000000562","authorId":9000000000000562,"name":"HilaryWilde","avatar":"https://static.tigerbbs.com/a24bcc27dc29a6d8ea2018519aa88251","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9937882356,"objectIdStr":"9937882356","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"I think we can take a bounce on this stock.","text":"I think we can take a bounce on this stock.","html":"I think we can take a bounce on this 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for sharing 👍","text":"thanks for sharing 👍","html":"thanks for sharing 👍","likeSize":0,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9937882356"}