COIN/USD inverse H&S breakout
Updated
Seems like another decent inverse H&S breakout on the monthly. Not a lot standing in the way as resistance until ~ $140.
Supporting fundamentals: BlackRock and other institutions have named Coinbase as their prospective ETF custodian.
Crypto market seems to be flipping bullish = more business and revenue for Coinbase.
Supporting fundamentals: BlackRock and other institutions have named Coinbase as their prospective ETF custodian.
Crypto market seems to be flipping bullish = more business and revenue for Coinbase.
Note
Still holding. Awesome entry and everything playing out as expected
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