LONG $COIN

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I am seeing a good set up for a long on COIN. It has a inverted head and shoulders being set up on the larger time frame and this current set up will take it to the neck line.

COIN recently came out saying they may move out the U.S because of regulatory uncertainty.
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Trade never triggered. COIN broke down so maybe it will set up a L2 now and then squeeze higher. Potential L2 is already pretty low and could take out L1 so not confident in the set up.
Chart Patternscoinbase

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