COIN: LOSSES ARE COMING?
$Coinbase Global, Inc.(COIN)$
Although Bitcoin and several crypto names went on a pump on etf news. There still a ton of downside that is likely to fill as we examine structure.
80-85 strong overhead resistance.
Still trading within our strong weekly bearish engulfing candle (5 weeks now)
Potential Bear Flag Under Resistance
Next level of support is around $50.
I would like Nov 24-Dec 1st puts to come active on this next week as we head into NFP.
Ideal entries back around 80.
COIN: $Coin is in Trouble Headed into NFP next week
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