COINBASE is looking at a resumption of upside

19 thg 10

COIN forms a larger expanding falling wedge formation and the larger 3-degree corrective structure is likely coming to an end as the ichimoku has shown a strong bullish trend right after the stock breaks above the kumo. The bullish kumo twist gave the best signal for bullish upside.

Indicators:

Mid-term stochastic oscillator has confirmed the oversold crossover after it breaks above the 20-line. Though the long-term MACD's histogram is negative, but the crossover at the zero line shows potential resumption to the upside. Both the Directional movement index and 23-period ROC shows returning bullish strength and momentum.

Buy spot or buy at dip if there's a correction. Between 166.82-150.09.

19 thg 11

Giao dịch đang hoạt động

Continue to hold as bearish correction fails to follow through on 14 Nov 24.

27 thg 11

Giao dịch được đóng thủ công

Close my position first. Dont feel good