Coinbase’s positive earnings initially served as a catalyst for a brief breakout from the previously established range, with shareholders enjoying a nearly 16% gain. However, the euphoria was short-lived, and the stock quickly retreated. We attribute the current fluctuation to the blue wave (v), which should provide further increases and ultimately complete the larger magenta wave [iii] above the resistance at $343.92. Adjustments to our wave count will only be necessary if the price falls below the support at $224 (probability: 33%).
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
