COINBASE-SELL strategy Weekly chartThe short-term view applies as well as the medium-term one. I have been suggesting since some updates to be SELL, which is simply look at the extend of market movements. Market movements are not always logical, and consistent. In the case of COINBASE clearly driven by crypto movements, hence makes the call harder, but overall the picture does. not change for a sharper correction in the near-term.
Strategy SELL between $ 160-180 for a move back towards $ 110.00. SL is dependent to the pocket, but am suggesting to place it somewhere @ $ 195.00. Keep leverage or capital employed low please. That way we minimize losses and maximize the profit, which I feel should be placed near $ 118.00 for now.