AdvancedPlays

COIN Bull Flag Breakout & Ascending Wedge

Long
NASDAQ:COIN   Coinbase Global
COIN made a big move up after finally breaking out of a bull flag it had been forming for months. It has pulled back recently, but I expect that to be a minor down trend. It's just a matter of how long it consolidates before moving higher IMO. This will be one of my top picks for a long if the market continues higher and BTC makes it's way to $100k. If the breakout fails, I have included a bearish path as well.

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