Coinbase / COIN has formed an Inverted Head and Shoulders pattern, bottoming at 274.30.
The bullish signal is confirmed as the price not only crossed over the Falling Resistance of the downtrend that started yesterday, but also above the 5minute MA50.
The standard target of such pattern is the 2.0 Fibonacci extension.
Buy and target 306.00.
Previous chart:

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The bullish signal is confirmed as the price not only crossed over the Falling Resistance of the downtrend that started yesterday, but also above the 5minute MA50.
The standard target of such pattern is the 2.0 Fibonacci extension.
Buy and target 306.00.
Previous chart:

Follow us, like the idea and leave a comment below!!
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thecryptagon.com covers news & insights on global markets (crypto, forex, stocks, commodities)
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
Institutional services offered:
💰 Daily consulting
💰 Account management
💰 Mentorship
Contact: t.me/thecryptagon | info@thecryptagon.com
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。
