TSuth

Coinbase Update

BATS:COIN   Coinbase Global
The chart pretty much speaks for itself. It looks like we are sub-dividing yet again. This drop from 05 April @ $253.96 is either another sub-division or it is the wave 1-2 of C forming with wave 3 of C of (C) coming soon to complete the larger A wave. The multiple boxes show the normal ending for the different sub-divisions with the red bordered box showing where these counts overlap. This is the most ideal spot for this larger A wave to end but could technically extend. Bottom line for Coinbase, it is a bad idea to be long right now.

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Bonam Fortunam,
--Tyler
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