COIN is in the final wave of a huge move. It is grotesquely overvalued but I don't think the hype is over. BTC has failed to break $100K and that is the signal for a brief loss of hope for the stock but I think it has further to go - perhaps to $500. Buy target is $255.74 (the 0.382 retrace of the purple wave 3). This is a high risk trade; it is possible to count this final leg up as complete, for example. However, I think the narrative has more in the bag and higher targets are more likely than not.
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.
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.