$COIN Coinbase Weekly Engulfing
We've got a weekly bullish engulfing candle here on Coinbase if it closes this way.
Beyond that, its in the context of 3 rising valleys and a broken supply line off the correction.
If we revisit the top of the range it will confirm a partial decline as well, and probabilities would then favor a breakout of the range.
Id target the local 1.618 extension at the .382, and then the measured move of the accumulation up near the 50% retracement.
Beyond that, its in the context of 3 rising valleys and a broken supply line off the correction.
If we revisit the top of the range it will confirm a partial decline as well, and probabilities would then favor a breakout of the range.
Id target the local 1.618 extension at the .382, and then the measured move of the accumulation up near the 50% retracement.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.