Been eyeing Coinbase stock (COIN) since IPO with this chart. COIN went down -40% from top, and I think the selling climax has calmed down. It was necessary due to the overvaluation in the IPO. Coinbase is the top 1 free app in the US appstore at the moment, and the crypto rally is far from over. Looks like a good long term investment at these levels if you want to diversify your portfolio or want to take baby steps into the "crypto market".
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.