$Coinbase Global, Inc.(COIN)$ Not my usual cup of tea but I saw this idea from someone I follow, and I decided to put my spin on it. The pink Fibonacci is from the low in December 2022 and the current price is just above the 38.2% level.

The blue Fibonacci is from the low in late January/early February and the current price is just below the 50% mark, which technically isn't a Fibonacci level but that's a story for another day.

The price is also at the 20-week SMA, which it has bounced off of from before. (of from? it sounds OK) 40%+ gains are possible in a short amount of time, meaning an options play could be gargantuan. Kill Bill 2, anyone?

# Technical Analysis

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