$COIN Inverse Head & Shoulder

The announcement of #Binance incurring a substantial $4.3 billion penalty and facing exclusion from the U.S. market likely came as incredibly favorable news to Brian Armstrong, the CEO of #Coinbase . This development seems to place Coinbase (COIN) in a notably advantageous position. Observing the stock's technical chart, there is an apparent near-completion of an inverted Head and Shoulders (H&S) pattern, a bullish signal in technical analysis, indicating a potentially strong position for COIN in the market. #COIN