Although Coinbase has moved upward within our orange Target Zone (between $180.58 and $134.06), we must still reckon with a lower low of the orange wave ii as the stock can use the whole range of our Zone to complete the current movement. However, since the technical requirements for this corrective move have already been met, the price could also continue to rise directly. In any case, the orange wave iii should surpass the resistance at $323.70, so our Zone still offers long entry opportunities to profit from the expected increases. For hedging purposes, a stop may be placed 1% below the Zone’s lower edge.
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🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
