Coin stock closes 9.69% lower despite a positive 15-minute MACD histogram
Coin stock (COIN) faces a bearish daily setup, with the close below all three exponential averages and near the lower Bollinger band… Coin stock (COIN) faces a bearish daily setup, with the close below all three exponential averages and near the lower Bollinger band. The hourly chart supports that bias. However, a positive 15-minute MACD histogram creates a short-term conflict, not a bullish daily signal.