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Durbtrade
Apr 16, 2021 6:17 AM

COIN : STILL LONG Long

Coinbase Global, Inc.NASDAQ

Description

Large correction yesterday to $310. Slight recovery to $354.20 just below the 0.382 fib, but then it drops to $321.77, forming a higher low, and a new fib to look at. Recovers to the 0.5 line on the new fib, only to drop to $317.43, forming a lower low, but still $7.43 above the all time low. And lastly, some slight upward momentum, breaking through the most recent downward trendline. Seems to be stabilizing. Outside of what little technical analysis is even possible on a COIN chart at this point, I'm still guessing long in the long run... just watching for more info.
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