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COIN - Super Bullish, But Hot Engine
Coinbase Global
COIN - Super Bullish, But Hot Engine
By Tr8dingN3rd
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Updated
Aug 26, 2023
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Jul 16, 2023
COIN is running hot.
The ride so far is phenomenal, but also way too quick for my liking. This can be seen on the RSI, which is super hot right now.
A nice Long-Confirmation is the fact that Volume on the weekly chart did increase nicely.
The red resistance got peeked twice now.
It's exactly where price broke down last time and traders where puking their stomach empty.
If price can stabilize above this resistance, then we have a open road to at least $190 to $220.
If not, a breakdown to the white up sloping Centerline is very possible.
Aug 4, 2023
Comment
Hang on, the centerline is not reached yet.
RSI too has some space left to fall.
Aug 26, 2023
Comment
Further lows to come.
Chart Patterns
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coinbase
coinlong
medianline
Trend Analysis
Wave Analysis
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