COIN: Basing for a Potential SurgeThe monthly downtrend is active, but we’re currently sitting at a strong support level, close to the first target of this down move.
I’m expecting a base to form here before we see a weekly bullish trend toward the breakdown area of the monthly trend. Once the price reclaims the monthly mode, things should pick up significantly.
January looks like it could be a great start for more movement. NASDAQ:COIN