COINBASE BULL PENNANT FOR 2X?Coinbase appears to be forming a bull pennant. Confirmation would be a break of the upper resistance. This could drop down and form a flag, which often happens when you have ascending support. Target, depending on if/where breakout happens is about a 2x.
Gaps to fill all over the place, including just below $100.
This also had major capitulation volume of off the lows and a monster reversal candle.
I have been dollar cost averaging into this since $300, so I am obviously under water. My premise is that mainstream adoption of crypto is inevitable and that Coinbase is the likely to benefit the most.