📊 COIN 168 Next Target | Bullish Bitcoin Correlation Confirmed
Updated
Coinbase stock COIN has been keeping a very clear bullish pattern.
We forgot to track this stock when predicting Bitcoin's current bullish breakout starting early October. We looked at Gold, the SPX, DXY, the Altcoins market and other signals all related to Bitcoin but forgot COIN, which is another good chart to look at due to its positive correlation with Bitcoin.
Let's start by noticing that there is no bullish breakout yet on this stock while Bitcoin clearly went ahead but COIN is trading above EMA50, EMA21 and EMA10, thus the bullish bias confirmed short-term.
The pattern has been: advance, consolidation, advance, consolidation...
We are now seeing another consolidation period within a higher low, all signals bullish, so it is easy to predict that COIN will go up.
👉 The main target is 168 but long-term there will definitely be more.
If you enjoy the content, consider leaving a comment, giving a boost and/or a follow... That's all that is needed to show some support.
You are appreciated.
Thank you for reading.
See you on the next one.
Namaste.
We forgot to track this stock when predicting Bitcoin's current bullish breakout starting early October. We looked at Gold, the SPX, DXY, the Altcoins market and other signals all related to Bitcoin but forgot COIN, which is another good chart to look at due to its positive correlation with Bitcoin.
Let's start by noticing that there is no bullish breakout yet on this stock while Bitcoin clearly went ahead but COIN is trading above EMA50, EMA21 and EMA10, thus the bullish bias confirmed short-term.
The pattern has been: advance, consolidation, advance, consolidation...
We are now seeing another consolidation period within a higher low, all signals bullish, so it is easy to predict that COIN will go up.
👉 The main target is 168 but long-term there will definitely be more.
If you enjoy the content, consider leaving a comment, giving a boost and/or a follow... That's all that is needed to show some support.
You are appreciated.
Thank you for reading.
See you on the next one.
Namaste.
Comment
This is growing nicely, but nothing moves up in a straight line.There can be retraces and corrections, higher lows, before our target is reached.
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
followalan.com
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Now Live!)
lamatrades.com (Since 2017)
🚨 Free PREMIUM Trade-Numbers
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.