CoinBase - Elliott Wave Finally completed! + Bullish divergence
- CoinBase is one of the most popular crypto exchange in the world and that's why it's good to track the price of the stock.
- As per my Elliott wave technical analysis - we have completed the impulse wave successfully and now I am expecting at least a retracement to 0.618 FIB / Red horizontal resistance.
- If we take a look at the RSI indicator, we can see a bullish divergence, which is ofcourse always great to see.
- We have a local falling wedge, bullish reversal pattern at the end of the trend and the price is currently breaking out!
- Look at my ideas about interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
- As per my Elliott wave technical analysis - we have completed the impulse wave successfully and now I am expecting at least a retracement to 0.618 FIB / Red horizontal resistance.
- If we take a look at the RSI indicator, we can see a bullish divergence, which is ofcourse always great to see.
- We have a local falling wedge, bullish reversal pattern at the end of the trend and the price is currently breaking out!
- Look at my ideas about interesting altcoins in the related section down below ↓
- For more ideas please hit "Like" & "Follow"!
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.