Technical analysis by Erictaylor about Symbol COINX: Sell recommendation (12/15/2023)

Had a very nice breakout which saw a good rejection off 155 area We just broke down from a symetrical triangle which could have contiued this trend to 160 but failed for now. I’m still bullish coin but Mabey we need to come Back in and retest that pattern we just broke out from. I’m in shorts on coin looking for a retest of either 144 or 140. Curently the symtrical trinagle we broke down from around 152 Z … has a target of 146.40 for today tarhet only. This curent pattern is a smaller symtrical triangle ranging from 148-150 $ Not sure which way it’ll break yet, but I’m thinking downside to contiue to 146-144 at least. But if we break 150 and reclaim this might stop me out of my bearish trade Hopefully the patterns I have drawn makes sence