Coinbase Global, Inc.

Coinbase: Surging Higher

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Coinbase has surged sharply above the $275.90 level, prompting us to consider green wave [iv] finished. Now, we see the stock advancing in wave [v], which still has more upside potential to finalize light green wave a. Afterward, we expect a corrective pullback in wave b, which may dip below $275.90, before green wave c resumes the advance, thus completing orange wave b distinctly above $275.90.

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