COIN - Correction Complete + iH&S
Having had such a strong rally I somewhat lost interest in Coinbase but it does look like a great entry is on in this area to buy a solid trending crypto stock.
Coinbase had quite a dump yesterday and so this is potentially a dip buy here.
As we have been looking at, the slightly lower low looks very much like Wyckoff accumulation and now with yesterday's dump, a bullish Inverted Head & Shoulders may be completing here.
And that slightly lower low would be the Head which completes a 3 wave correction from March top.
So it looks a nice momentum buy in this area with not too much downside risk.
If Bitcoin slumps again it may get back to support; so from here to support @ $161 is the buy zone.
I have bought some here with long term view 👍.
Coinbase had quite a dump yesterday and so this is potentially a dip buy here.
As we have been looking at, the slightly lower low looks very much like Wyckoff accumulation and now with yesterday's dump, a bullish Inverted Head & Shoulders may be completing here.
And that slightly lower low would be the Head which completes a 3 wave correction from March top.
So it looks a nice momentum buy in this area with not too much downside risk.
If Bitcoin slumps again it may get back to support; so from here to support @ $161 is the buy zone.
I have bought some here with long term view 👍.
Transaction en cours
This one I'm giving to TradingView in prime position. BOOST if you like this and leave a comment if you like 👍Note
31% pump today. Thats a very good start.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.