Technical analysis by lauralea about Symbol COINX on 7/14/2023

Price has broken up from the rectangle. Bad candle today but as of late any candle or candles need confirmation. The psychology of a shooting star can be the bull's had price at the top of that upper wick but the bears won and brought price back down. This occurred at a resistance level which can make it more important. This candle can change by close. Overbought. T1 and T2 met. No recommendationThe red R line should be changed to green or blue as it is now support.