Coinbase is trading inside a nearly 2 year Channel Up and the price is currently on the latest bullish wave.
A Golden Cross (1d) was just formed and according to the previous bullish waves, it appears the price is inside the last consolidation before the new Higher High.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 360 (+145.84% the smallest it had so far inside the Channel Up and 1.382 Fibonacci extension).
2. 470 (the 1.786 Fibonacci extension, the highest it had inside the Channel Up).
Tips:
1. The price has already crossed above the Channel Up once, so if the crypto market accelerates, we can't dismiss another break. However the bullish waves usually peak a little under the Channel's top. Which is very fitting for a 400 - 470 price range.
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A Golden Cross (1d) was just formed and according to the previous bullish waves, it appears the price is inside the last consolidation before the new Higher High.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 360 (+145.84% the smallest it had so far inside the Channel Up and 1.382 Fibonacci extension).
2. 470 (the 1.786 Fibonacci extension, the highest it had inside the Channel Up).
Tips:
1. The price has already crossed above the Channel Up once, so if the crypto market accelerates, we can't dismiss another break. However the bullish waves usually peak a little under the Channel's top. Which is very fitting for a 400 - 470 price range.
Please like, follow and comment!!
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.