COIN just smacked the ABC C target.
That’s not random. That’s a reaction zone.
At C, price only does two things:
Right now, I’m leaning bounce — not because the trend changed (it didn’t), but because this drop never gave a real pullback. Markets don’t usually just fall forever without breathing.
If we move higher from here, let’s be clear:
Big picture:
No guessing.
No hopium.
Just let price show its hand.
That’s not random. That’s a reaction zone.
At C, price only does two things:
- Rejects and bounces
- Accepts below and keeps bleeding
Right now, I’m leaning bounce — not because the trend changed (it didn’t), but because this drop never gave a real pullback. Markets don’t usually just fall forever without breathing.
If we move higher from here, let’s be clear:
- This is counter-trend
- This is a reaction, not a bull run
- Any upside is corrective unless structure flips
Big picture:
- Trend: still bearish
- Location: high-quality C target
- Play: watch reaction, not predictions
No guessing.
No hopium.
Just let price show its hand.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.