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Nubank to Coinbase chart comparison

NUBank to Coinbase Chart Comparison

Is it just me or do these two charts look very similar?

Maybe Cathy Wood knows something....after her HUGE purchase

Imagine if COIN played out like NUBank, lets see what happeds

Puka

Note

It looks like this pattern may be repeating and I am considering a long position at present in COINBASE based on this idea. Nubank Continues to perform

Note

NUbank & Coinbase

Shared these similar bottoming structures in June, you can see what's happened in the orange area since I shared.

I have been in the trade since Jan 2023 at $3.51 and I noticed had a similar bottoming pattern but had not broken out yet, so I shared this comparative chart and took a position in COIN, noting the stop as the bottom of the red box. I have shared individual charts on COIN and NU to this effect.

Since June COINBASE has had 120% increase and I believe this will continue.

Whilst its price movement since the sharing in June is not identical to NUbank, you can clearly see a parallel channel bottoming, head and shoulders reversal and similar price clusters which i marked up.

I was most confident on the COIN trade when it had its strong pull back from Jul - Oct, here I double the position when it came back and bounced off the the 200 day moving average perfectly. I will share this in the comments.

Two of the great trades of this year from me which I am still currently holding.

PUKA

Note

Press play on these charts folks....

A pattern pays dividends

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