Even Picasso couldn´t have painted it better - COIN to 180$
- update on my last COIN analysis
- since then coinbase stock has indeed consolidated and put in the right shoulder of what appears to be a macro bottoming inverse head and shoulders formation
- target of the formation is anywhere between 170 - 180
- with COIN projected to increase by almost 60% it is likely such a move comes alongside a big fundamental catalyst
In other words: this coin breakout suggests Bitcoin spot ETF approval is around the corner
- since then coinbase stock has indeed consolidated and put in the right shoulder of what appears to be a macro bottoming inverse head and shoulders formation
- target of the formation is anywhere between 170 - 180
- with COIN projected to increase by almost 60% it is likely such a move comes alongside a big fundamental catalyst
In other words: this coin breakout suggests Bitcoin spot ETF approval is around the corner
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.