COINBASE (COIN) has absolutely surged with BTC, but now is not the time to hit the buy button due to FOMO!
Some trades Cometh and some trades Goethe. You can't have them all!
But you can stay patient and line an entry point for when this stock pulls back, as all stocks do. Remember!
I'm targeting a GAP fill and retest of this massive Cup n Handle breakout to add to my position with shares and options.
Good luck and stay patient
NFA
Trade active
A nice little pullback to add a little to my position. My GUT tells me the pullback in Crypto will be very short lived. Euphoria is very high right now!
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Half position built out in the range of $295-$275. Will finish position if we go down to $275 or get a successful bounce off signifying a retest.
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🚨 TRADING POSITION UPDATES: 🚨
As a trader/ investor you need to focus your efforts on your highest conviction plays. That's what I'm doing
Closed trades: These are still solid and will play out
GOOG NVDLNVDA Some AMZNSOFI
Made an updated post on COIN but all I can say is BIG bounce on a red day is very BULLISH!
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COIN has had a nice retest of the Cup & Handle breakout. A little breather is good for the stock to be able to climb higher to our profit targets. High Five Setup is Green and pointing us right at $427. NFA. See below
I told you not to FOMO into COIN when it was at highs and since then you and I have had plenty of buying and adding opportunities. Some are freaking out thinking something is wrong or Coinbase is about to crash I'm here to say we are just consolidating right at the retest area of the Cup&Handle breakout area while we are also creating our support on our Wr% Box. No reason to panic.
-CupnHandle pattern with the handle being a Bull flag
-Broke out and retested both and now consolidating before we head higher IMO.
-H5 Indicator is GREEN
-Wr% consolidation box bottom support is finding it's place.
-Crypto is breathing a little before it's next bull run that will be bigger than the last.
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