Hello Trader !!!
Coinbase a technical and fundamental analysis regarding the part of one of the newest stocks listed on Nasdaq last week and which already has all the attention of wall street traders after its success and market cap at 100B
ALERT: I want to emphasize that in this stock there is a lot of bullish market, cryptocurrency and blockchain is evolving a lot in its trades but in fact the reviews for a short term are coming where we can bring purchases from new investors
Techincal Analysis: Coinbase is trading in a large range of its movements between a range of $ 347 and $ 317 where if we manage to read a drop below $ 317 I think I can retest $ 290 and $ 280 where the pivot point stands where I think about its next purchases. The RSI is also below its 40 average and we can certainly review a bullish entry above its 30 average.
Absolutely we are allowed to review the MA movements but they have not been created yet I think I will get a new entry in the coming weeks if prices will continue to fall as it will be influenced by the words of the banks that are managing to ignore it.
Fundamental Analysis: The defender of the state treasury "yellen" stressed that cryptocurrency is being laundered very quickly while he has blacklisted some of the companies. On Sunday the crypto market had a crash and of course this has had a direct impact while the exchanges have reached a liquidity within 24h at 10 Billion the largest amount they have had in the history of its liquidation. Meanwhile, the disruption of the largest bitcoin mine has stopped and reduced the pace of hash for production, which affects market demand and certainly had a negative impact yesterday. Meanwhile, today, Monday, the Bank of England and the British state have raised a force tax on cryptocurrency, allowing the movements to be monitored, as at the moment we have a return of stolen bitcoins, which are in fact circulating in 3 million within a day. Of course an intervention will. This actually makes a bearish factor in the market so I think in the coming days there will be good news from China as their support is worth more. Turkey also made a crypto strike by banning it in Turkey as the Turkish lira has had a very weakening and especially against Bitcoin
If you have an opinion to share with me you are welcome.
List some companies (broker) where Europeans can trade stocks in europe I believe you will help many others.
Coinbase a technical and fundamental analysis regarding the part of one of the newest stocks listed on Nasdaq last week and which already has all the attention of wall street traders after its success and market cap at 100B
ALERT: I want to emphasize that in this stock there is a lot of bullish market, cryptocurrency and blockchain is evolving a lot in its trades but in fact the reviews for a short term are coming where we can bring purchases from new investors
Techincal Analysis: Coinbase is trading in a large range of its movements between a range of $ 347 and $ 317 where if we manage to read a drop below $ 317 I think I can retest $ 290 and $ 280 where the pivot point stands where I think about its next purchases. The RSI is also below its 40 average and we can certainly review a bullish entry above its 30 average.
Absolutely we are allowed to review the MA movements but they have not been created yet I think I will get a new entry in the coming weeks if prices will continue to fall as it will be influenced by the words of the banks that are managing to ignore it.
Fundamental Analysis: The defender of the state treasury "yellen" stressed that cryptocurrency is being laundered very quickly while he has blacklisted some of the companies. On Sunday the crypto market had a crash and of course this has had a direct impact while the exchanges have reached a liquidity within 24h at 10 Billion the largest amount they have had in the history of its liquidation. Meanwhile, the disruption of the largest bitcoin mine has stopped and reduced the pace of hash for production, which affects market demand and certainly had a negative impact yesterday. Meanwhile, today, Monday, the Bank of England and the British state have raised a force tax on cryptocurrency, allowing the movements to be monitored, as at the moment we have a return of stolen bitcoins, which are in fact circulating in 3 million within a day. Of course an intervention will. This actually makes a bearish factor in the market so I think in the coming days there will be good news from China as their support is worth more. Turkey also made a crypto strike by banning it in Turkey as the Turkish lira has had a very weakening and especially against Bitcoin
If you have an opinion to share with me you are welcome.
List some companies (broker) where Europeans can trade stocks in europe I believe you will help many others.