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Coinbase(COIN) Recovered Before sued by the SEC

466


4H

- Touch the Long-term downtrend line (thick line)
It's a strong resistance, so even if it comes down a little, I think it will get support near the blue box and try to break through the long-term downtrend line again.


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1D

- It seems to have a reverse head and shoulder pattern.

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- 1H

It came down to the top of the blue box and broke the long-term downtrend line.
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It's up more than 17%.
It looks very bullish.
As it broke the long-term downtrend line that has continued since November 2021
There is a very high possibility of further rise.
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It broke the strong resistance of $87.5 and is about 48% more beneficial than the previous analysis.

It's very meaningful that the red box broke through this section as the resistance that worked strongly for about a year.
Now this red box is likely to act as a strong support.

The next resistance line is $112.
İşlem kapandı: hedefe ulaştı
all short-term targets have been reached
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As I said before, the red box became a strong support and reached $112.
86% profit.

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I will now continue updating new comments from Coinbase analysis posted recently.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.