$COIN Inverse Head & Shoulder
The announcement of #Binance incurring a substantial $4.3 billion penalty and facing exclusion from the U.S. market likely came as incredibly favorable news to Brian Armstrong, the CEO of #Coinbase . This development seems to place Coinbase (COIN) in a notably advantageous position. Observing the stock's technical chart, there is an apparent near-completion of an inverted Head and Shoulders (H&S) pattern, a bullish signal in technical analysis, indicating a potentially strong position for 
COIN in the market. #COIN
COIN in the market. #COIN
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.