$COIN
Added 2023-10-03 18:04:33 +0000 UTC$COIN for me is still not out of trouble, it is looking further likely that the 200 Day MA will be tested here next at $66 and the real drama will happen if the 200 Day MA is not held, the last test is the $62 blue line, we can see on this chart that it has been an important support/resistance level all year but ultimately it is a value line.....anything below $62 and the market effectively considers this undervalued.
Some people have been buying Crypto Mining stocks as exposure to Crypto and others may consider $COIN....both positions will likely move up when $BTC decides to make its move.
Comments
From my observation, some crypto stocks are like leverage BTC (e.g. MSTR and COIN : X1.5, MARA and RIOT : X3...
Luc
2023-10-03 19:36:55 +0000 UTC
