COIN - Reverse Head and Shoulders
Updated
Bullish scenario:
Moving to Crypto Friendly Jurisdiction while simultaneously taking greater market share (from Binance and such);
Catalyst:
SEC lawsuit is dismissed as bogus, designed to distract from banking crisis brewing and scare public from entering the crypto stage, all benefiting Blackrock and Citadel
Required: violent break out above $80 into $120-160 range.
Moving to Crypto Friendly Jurisdiction while simultaneously taking greater market share (from Binance and such);
Catalyst:
SEC lawsuit is dismissed as bogus, designed to distract from banking crisis brewing and scare public from entering the crypto stage, all benefiting Blackrock and Citadel
Required: violent break out above $80 into $120-160 range.
Note
Solid Performance. Uptrend is still in play. Binance 4.3b fine + Many other exchanges like Bitrex already exited or exiting ...
is great for CoinBase.
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