Coinbase is trading inside a nearly 2 year Channel Up and the price is currently on the latest bullish wave. A Golden Cross (1d) was just formed and according to the previous bullish waves, it appears the price is inside the last consolidation before the new Higher High.
Trading Plan: 1. Buy on the current market price.
Targets: 1. 360 (+145.84% the smallest it had so far inside the Channel Up and 1.382 Fibonacci extension). 2. 470 (the 1.786 Fibonacci extension, the highest it had inside the Channel Up).
Tips: 1. The price has already crossed above the Channel Up once, so if the crypto market accelerates, we can't dismiss another break. However the bullish waves usually peak a little under the Channel's top. Which is very fitting for a 400 - 470 price range.
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