Not many people use the full data to chart this, but here.

Long

Coinbase (FTX:COINUSD)

Mis à jour

FTX:COINUSD Coinbase

chartpattern waveanalysis trendanalysis

This just makes me feel so good inside. Impulsive 5 wave to start the new bull IMO.

Commentaire:

I do not think this move was supposed to happen so soon lol... (orange circle)

Either way, I believe it was foreshadowing the future break of this ascending triangle.

The break of our longer term falling wedge target is 485 dollars, as crazy as that sounds it would not be abnormal. It would only require Bitcoin to reclaim its prior highs, or come close.

If you dont think bitcoin can do that, then you probably shouldnt be buying coinbase! so just forget this idea all together.

Commentaire:

Longer term target would be coinbase at 1400-1500 with bitcoin at 160,000.

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