$Coinbase Global, Inc.(COIN)$ $CME Bitcoin - main 2601(BTCmain)$  $iShares Bitcoin Trust(IBIT)$ ๐Ÿšจ๐Ÿ“ฐ $BTC indicator flips bullish again. Buyers are stepping in again at this level.

Iโ€™m focused on $COIN right here because the market is telling a very clean story across structure, volatility, and crypto beta.

Since flagging this zone yesterday, price has respected the $238.60โ€“241.00 band, flushed residual liquidity, and rotated higher back inside the Keltner channel. That response matters. This is not a bounce, it is absorption. Right shoulders are constructed through overlap and time, not through vertical upside candles.

The latest 4H structure shows short-term EMAs beginning to flatten rather than roll over, and volatility remains contained. When $COIN breaks down with intent, Bollinger bands expand aggressively and structure unwinds fast. That has not occurred. Instead, sellers pressed once, failed to gain follow-through, and were met with counterflow.

Order flow confirms this behaviour. The sell program into the low $240s lacked persistence, and demand absorbed supply rather than stepping away. That shifts this from a risk-definition phase into a construction phase.

As long as $238 holds on a closing basis, the right shoulder framework remains intact. A decisive loss of that level would invalidate the setup, but until then, the market is behaving exactly as a durable reversal should.

๐Ÿ“ข Donโ€™t miss out! Like, Repost and Follow me for exclusive setups, cutting edge trends, and insights that move markets ๐Ÿš€๐Ÿ“ˆ Iโ€™m obsessed with hunting down the next big movers and sharing strategies that crush it. Letโ€™s outsmart the market and stack those gains together! ๐Ÿ€

Trade like a boss! Happy trading ahead, Cheers, BC ๐Ÿ“ˆ๐Ÿš€๐Ÿ€๐Ÿ€๐Ÿ€

# ๐Ÿ’ฐStocks to watch today?(9 Jan๏ผ‰

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  • PetS
    ยท01-09 09:11

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    ยท01-09 09:07

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    ยท01-09 08:45

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    ยท01-09 08:27

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    ยท01-09 08:01

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    ยท01-09 07:54

    Great article, would you like to share it?

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