Coinbase - A lurking giant?Whenever there's activity in the cryptocurrency space, good or bad, NASDAQ:COIN may benefit from heightened transaction rates.
Some like the concept of cryptocurrencies, but not what's involved in purchasing and holding them.
Some prefer selling 'picks and shovels' rather than digging for gold themselves...
In steps platforms like Coinbase, that facilitate a degree of exposure to the cryptocurrency scene without holding coins directly yourself.
Our Team has identified Bullish potential in COIN should price be able to hold the ~$200.00 region.
We have also identified that significant Bearish continuation risk lurks beneath ~$184.00.
How will Coinbase perform over the coming period? Is there a Bull lurking?
Time will tell...
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