#COIN price action constricting between bullish formations

12 ต.ค. 2022

We are seeing Coinbase's price action constricting between both a triangle and falling wedge pattern. In my books if we can get a constructive close above $74 we could see this move back to early August highs at around the $100 mark. For confirmation, wait for the close above 74. More aggressive traders could accumulate between $66 and $70 using a stop loss below the previous base at a close below $62

25 ต.ค. 2022

ความคิดเห็น

This continues to constrict between the triangle but with cryptocurrencies showing relative strength against the market, i think its a matter of time before we see an upside breakout here