No surprises here, this is still in this long and large wedge and still below the 200 Day MA and although Bitcoin has enjoyed a very good bounce right now, $COIN is lagging and its chart is not as favourable looking as $BTCs right now.
$COIN needs to get above the 200 Day MA, the wedge trend line and the blue resistance line to change this trend, these are big asks.
I have added in potential support levels in white, they align perfectly with my targets and blue lines.
Bjoern Szymkowiak
2023-06-26 13:43:09 +0000 UTC