NUBank to Coinbase Chart Comparison
Is it just me or do these two charts look very similar?
Maybe Cathy Wood knows something....after her HUGE purchase
Imagine if COIN played out like NUBank, lets see what happeds
Puka
Is it just me or do these two charts look very similar?
Maybe Cathy Wood knows something....after her HUGE purchase
Imagine if COIN played out like NUBank, lets see what happeds
Puka
Comment:
It looks like this pattern may be repeating and I am considering a long position at present in COINBASE based on this idea. Nubank Continues to perform
Comment:
NUbank & Coinbase
Shared these similar bottoming structures in June, you can see what's happened in the orange area since I shared.
I have been in the
NU
trade since Jan 2023 at $3.51 and I noticed
COIN
had a similar bottoming pattern but had not broken out yet, so I shared this comparative chart and took a position in COIN, noting the stop as the bottom of the red box. I have shared individual charts on COIN and NU to this effect.
Since June COINBASE has had 120% increase and I believe this will continue.
Whilst its price movement since the sharing in June is not identical to NUbank, you can clearly see a parallel channel bottoming, head and shoulders reversal and similar price clusters which i marked up.
I was most confident on the COIN trade when it had its strong pull back from Jul - Oct, here I double the position when it came back and bounced off the the 200 day moving average perfectly. I will share this in the comments.
Two of the great trades of this year from me which I am still currently holding.
PUKA
Shared these similar bottoming structures in June, you can see what's happened in the orange area since I shared.
I have been in the
NU
trade since Jan 2023 at $3.51 and I noticed
COIN
had a similar bottoming pattern but had not broken out yet, so I shared this comparative chart and took a position in COIN, noting the stop as the bottom of the red box. I have shared individual charts on COIN and NU to this effect. Since June COINBASE has had 120% increase and I believe this will continue.
Whilst its price movement since the sharing in June is not identical to NUbank, you can clearly see a parallel channel bottoming, head and shoulders reversal and similar price clusters which i marked up.
I was most confident on the COIN trade when it had its strong pull back from Jul - Oct, here I double the position when it came back and bounced off the the 200 day moving average perfectly. I will share this in the comments.
Two of the great trades of this year from me which I am still currently holding.
PUKA
Comment:
Press play on these charts folks....
A pattern pays dividends
A pattern pays dividends
