$COIN weekly timeframe continues to show limited directional momentum. Price remains trapped within the consolidation arc, with buyers and sellers reaching equilibrium. The key resistance level—the angle formed by recent swing highs—still holds strong, preventing any decisive breakout. Gann chart analysis suggests we'll need additional confirmation before expecting a meaningful move beyond this zone. The structure hasn't shifted materially, keeping the picture unchanged for now.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
13 Likes
Reward
13
8
Repost
Share
Comment
0/400
RiddleMaster
· 01-19 07:20
The consolidation arc is back again. Every time, it says it will break through, but the result is still the same.
View OriginalReply0
bridgeOops
· 01-18 17:01
Another consolidation? Why do I feel like this coin has been sleeping all along?
View OriginalReply0
AirdropJunkie
· 01-18 02:54
Trapped again and again, this coin really knows how to play.
View OriginalReply0
NftDeepBreather
· 01-17 20:56
It's another period of consolidation. When will it break through?
View OriginalReply0
zkNoob
· 01-17 20:55
It's starting to consolidate again, so annoying.
View OriginalReply0
CryptoDouble-O-Seven
· 01-17 20:54
The sideways trend has prolonged... are we waiting for a breakout or are we going to get stuck completely?
View OriginalReply0
ser_ngmi
· 01-17 20:37
It's been stuck for so long and still not moving. Do I have to wait until the end of the year?
View OriginalReply0
CryptoNomics
· 01-17 20:30
honestly the gann angles are just pattern matching on steroids. show me the correlation matrix between your support levels and actual price action – bet it doesn't hold up statistically.
$COIN weekly timeframe continues to show limited directional momentum. Price remains trapped within the consolidation arc, with buyers and sellers reaching equilibrium. The key resistance level—the angle formed by recent swing highs—still holds strong, preventing any decisive breakout. Gann chart analysis suggests we'll need additional confirmation before expecting a meaningful move beyond this zone. The structure hasn't shifted materially, keeping the picture unchanged for now.