COIN Breakout

COIN showing signs of a cup and handle breakout after 5 months of accumulation. The handle proving to be the post-earnings correction, the price has since respected a broadening formation from the July 19 market sell-off. With bitcoin and Ethereum about to reclaim the highs from spring, should see continuation in COIN with resistances at Fibonacci retracements. If crypto breaks out from previous highs, COIN could go back to IPO levels in the mid 300s.
Chart PatternsTrend Analysis

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