Coinbase is making strong and impulsive rally away from the lows, which should be completed by a five-wave bullish cycle from Elliott wave perspective.
We have seen some slow down for the last couple of months, but it looks like a clean wave 4 correction that can send the price higher into a 5th wave later this year.
Considering a positive correlation with the cryptocurrencies, it can also help Crypto market to stay in the bullish trend.
We have seen some slow down for the last couple of months, but it looks like a clean wave 4 correction that can send the price higher into a 5th wave later this year.
Considering a positive correlation with the cryptocurrencies, it can also help Crypto market to stay in the bullish trend.
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