Hello Friends!
Like it or not Coinbase trades at the mercy of Bitcoins price action. Even with their new NFT marketplace, it’s been a hard sell for them to convince investors that they have more than crypto trading.
It’s in a falling wedge pattern and looks oversold. Any good news might pop this up to the upside. With earning around the corner and crypto trading volume lower year over year, Coinbase might need some help next week. I'm just watching this from the sidelines.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.
Like it or not Coinbase trades at the mercy of Bitcoins price action. Even with their new NFT marketplace, it’s been a hard sell for them to convince investors that they have more than crypto trading.
It’s in a falling wedge pattern and looks oversold. Any good news might pop this up to the upside. With earning around the corner and crypto trading volume lower year over year, Coinbase might need some help next week. I'm just watching this from the sidelines.
As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers!
*This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research.