Last time we looked into Coinbase (COIN), we set a long-term target of $150 (November 14 2023, see chart below) that was easily surpassed:
At the moment the stock is on a short-term pull-back following the rejection near the 1D MA50 (blue trend-line). It is approaching a dangerous level, the 0.5 Fibonacci of the Channel Up, which is its middle but most of all...
COIN has been closing negative for five consecutive weeks
This chart shows the weekly candle chart of Coinbase stocks over the past two years. The top to bottom golden section at the end of 2021 is superimposed in the figure. As shown in the figure, the low points of Coinbase stock in 2022 and 2023 are exactly 2.382 positions of the top to bottom golden...
Coinbase (COIN) has been trading within a long-term Channel Down ever since its November 09 2021. It is trading both below the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). Even though the 1D RSI rebound below the 30.000 oversold levels, resembles the Lower Low January 28, it is the MACD that offers the best tradeable signal.
As you see, every...
#BTC Update
Bitcoin is stuck in no trade zone ($8900 - $9300)
Bitcoin is near symmetrical triangle breakout which signifies big move ahead.
But based on my volume analysis there is possibility that #BTC will be moving Sideways one more week.
BTC sideway means Altcoin Pumps!
