Coinbase appears to have formed a classic cup-and-handle pattern. The handle has recently completed, and the price has broken out of it. I’m watching for resistance at the Fibonacci extension levels of 1.272 and 1.618, as well as at the key level where the left side of the cup’s initial decline began.
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.