Coinbase(COIN) knows the future of BTC

* 1D

Coinbase(COIN) has a inverse head and shoulders pattern.

Coinbase's stock price leads Bitcoin, so it can predict the future of Bitcoin.

In the mid- to long-term, the pattern target price can be set at $112 / $150-156 / $207-224.

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Following the previous Coinbase analysis post of related ideas, I will now update the comments following this post.

I've talked about Coinbase's inverse head and shoulders pattern that I analyzed earlier, and it's continuing its sharp rise after breaking through the long-term downward trend.

The red box, which had been a strong resistance zone, was supported after the breakthrough and turned into strong support, leading to a big rise.

It reached $112 TP today.
About 86% of the previous posting purchase price, about 47% of the new posting purchase price.

This strong trend is likely to continue, and there is still a high possibility of further upside.

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