COINBASE Final dip before bullish break-out.

Coinbase Global (COIN) is failing on successive attempts to stay above the 1D MA50 (blue trend-line) and that is technically establishing it as the medium-term Resistance. The long-term one is the 1W MA100 (red trend-line), which has never been broken. Based on the MACD sequence, we have potentially one more dip to make on the Higher Lows trend-line, simiarl to May 04 and June 06, before first to test the 1W MA50 and then Resistance 1 (116.50), which is intact since August 04 2022. Our first target is 80.00 (1W MA100 projected path) and second is 115.00 (just below Resistance 1).

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