💾 Classic Consolidation Pattern | Bullish Pennant
What are the odds of a bullish continuation?
The odds are rising, higher and higher, with each passing day.
Looking at the Coinbase stock, COIN, we have the classic bullish pennant which is a consolidation pattern.
That's basically all we need to know.
Consolidation and bullish but there is always more.
✔️ The RSI is still strong even after more than a month of correction.
✔️ Same for the MACD, it remains above zero.
✔️ COIN is also trading above EMA50. That seals the deal.
Bullish continuation more likely than not.
Namaste.
The odds are rising, higher and higher, with each passing day.
Looking at the Coinbase stock, COIN, we have the classic bullish pennant which is a consolidation pattern.
That's basically all we need to know.
Consolidation and bullish but there is always more.
✔️ The RSI is still strong even after more than a month of correction.
✔️ Same for the MACD, it remains above zero.
✔️ COIN is also trading above EMA50. That seals the deal.
Bullish continuation more likely than not.
Namaste.
🔝 The Greatest Cryptocurrency Analysis on Earth!
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
followalan.com
🔥 6-In-1 ULTIMATE Package Offer Now Live! (The Best In The Market)
lamatrades.com (Since 2017)
🚨 The Best Trade-Numbers In The Universe
alansantanatrades.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.