Coinbase UpdatePrice has been trading within a range for over a week now. This structure to me still appears to be corrective. This week I would like to see price move lower towards the target boxes below. Rather the structure sub-divides again (most likely) or heads straight there in a 5-wave c wave remains to be seen. Either way, at this time, we're just waiting on it to break down again and head lower. Unless this is just the ugliest impulsive pattern you have ever seen in your life, I just don't see a pattern that points to a new ATH. I don't levitate off the ground, and thus don't know everything, but if you can find an impulsive pattern let me know. Every way I look at this thing, it points lower. Hopefully this week it reveals more of its plans.
