COIN is registering massive volume surge this past few days / weeks. The weighty net buying attributed to market's anticipation to both fundamental and technical upside valuation.
Price has started shifting notably since it's last 'green' calls on its earnings report last March 2023 where EPS beat by +150% over expectation. Since then the company has experienced a +50% price growth.
Monthly histogram is showing seven straight monthly ascend conveying that buyers has started accumulating since the start of the year -- and the current price is being reflected now by the net positive volume.
Pricewise, COIN has recorded a downtrend break based on monthly data-- giving us a clue of what's to come. Bubble up volume (bottom indicator) has recorded its 4th straight signal for this year; cementing its intended goal direction: UPSIDE.
Spotted at 79.0
TAYOR Safeguard capital always.
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+35% so far. Congrats holders.
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COIN touching 61.8 FIB level - major order block support.
Bounce expected - may revisit 115 peak area.
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Weekly data update:
COIN is cementing its new base on its new round of ascend. Next target will be its previous peak at 120 then a breakout anew to 180, then 320 long term spectrum target.
Consistent weekly higher lows has been registered -- and moving according to plan.