Coinbase GlobalLong
COINBASE Strong buy signal on Inverted Head and Shoulders
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 offers news & insights on global markets (crypto, forex, stocks, commodities). Follow so you don't miss anything!
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
🤑Message us for private forex & crypto signals in our VIP channel (70% accuracy)!💰
TELEGRAM: t.me/thecryptagon
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.