BOTTOM LINE ENTRY POINT IDENTIFIED - COINBASE - COIN - DAILY
CoinBase price have strongly decreased when the initial investors probably took their profit on first listing days.
The trend starts to show some early patterns.
The black bottom line it the not much elastic uptrend line. That is where it is likely good to entrer long.
The green line shows a range which is double up showing the red possible strongest resistance level.
Beware and see here the volumes are matching with pullbacks and strong breaks. It is illustrated with the green circles.
Potentially keep an eye on the black line where a pullback up is possible and the square (orange) is here just to observe what is going to happen when the price will be at that level (Our imaginary green uptrend line which has seen in the past strong pullbacks or a significative break in the long direction)
Not a financial advice please do your own search.
The trend starts to show some early patterns.
The black bottom line it the not much elastic uptrend line. That is where it is likely good to entrer long.
The green line shows a range which is double up showing the red possible strongest resistance level.
Beware and see here the volumes are matching with pullbacks and strong breaks. It is illustrated with the green circles.
Potentially keep an eye on the black line where a pullback up is possible and the square (orange) is here just to observe what is going to happen when the price will be at that level (Our imaginary green uptrend line which has seen in the past strong pullbacks or a significative break in the long direction)
Not a financial advice please do your own search.
