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Tolberti
Jul 9, 2022 10:30 AM

CoinBase - Elliott Wave Finally completed! + Bullish divergence Long

Coinbase Global, Inc.NASDAQ

Description

- CoinBase is one of the most popular crypto exchange in the world and that's why it's good to track the price of the stock.
- As per my Elliott wave technical analysis - we have completed the impulse wave successfully and now I am expecting at least a retracement to 0.618 FIB / Red horizontal resistance.
- If we take a look at the RSI indicator, we can see a bullish divergence, which is ofcourse always great to see.
- We have a local falling wedge, bullish reversal pattern at the end of the trend and the price is currently breaking out!
- Look at my ideas about interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
Comments
Tradersweekly
Thanks, I am still bearish.
Tolberti
@Tradersweekly, Sure, you are welcome.
CrashBandicoot99
100+ by September???
Tolberti
@RocketFuel20, Yes, definitely possible.
Tolberti
Post your questions, comments and related ideas about COINBASE here. I look forward to your comments!
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