Hello Friends,
For those of you looking to capitalize on COIN you may want to add to your position, or start accumulating for the first time.
My original post:
Pine Script®
UPDATED IDEA:
COIN moving nice with BTC in this 2024-2025 Bull Run!
Remember, COIN basically mimics BTC so we want to trade them in a similar fashion.
As you can see COIN is still trading below the $368.90 High & the ATH of $429.54.
I am expecting those levels to be traded to as BTC continues higher.
The chart showing "Swing Protection TP 1" based on our current swing we left ($283-$149) is giving us a projection of $419.61.
That being said, if you wish to add to your COIN holdings at ~$318 (or lower), you have upside available to take profits.
Please note: $429.54 ATH is a good objective.
Will COIN go higher with this bull run? IT all depends on when BTC tops out - I will update you then or follow along with my BTC exit strategy...
Check out this link for my BTC Exit Strategy :
Pine Script®
For those of you looking to capitalize on COIN you may want to add to your position, or start accumulating for the first time.
My original post:
https
:
//www.tradingview.com/chart/COIN/i7QthbSq-COIN-Buy
-Long-Entry/
UPDATED IDEA:
COIN moving nice with BTC in this 2024-2025 Bull Run!
Remember, COIN basically mimics BTC so we want to trade them in a similar fashion.
As you can see COIN is still trading below the $368.90 High & the ATH of $429.54.
I am expecting those levels to be traded to as BTC continues higher.
The chart showing "Swing Protection TP 1" based on our current swing we left ($283-$149) is giving us a projection of $419.61.
That being said, if you wish to add to your COIN holdings at ~$318 (or lower), you have upside available to take profits.
Please note: $429.54 ATH is a good objective.
Will COIN go higher with this bull run? IT all depends on when BTC tops out - I will update you then or follow along with my BTC exit strategy...
Check out this link for my BTC Exit Strategy :
https
:
//www.tradingview.com/chart/BTCUSD/LfTRBDtd-BTC-to
-230k-USD/
Note
Additional TP (Take Profit) levels will given as needed.
Note
Consider
CONL
if you want 2x leverage 🚀
Its a 2x leverage ETF based off of COIN
Trade active
BUY ENTRY
Looking for longs below $263.07 = 50% Fib Discount on the current swing structure.
OTE Entry from $242-$212