Coinbase has a pretty clear-cut structure that it has formed. This is where those stops I am always harping about come into play. With them assets are mostly protected, and losses are kept at a minimum. Make sure to keep your emotions in check at all times too. Fear and greed are very real and will steal your hard-earned money every time. As my mentor always says, "trading for profit is hard, if it were easy everyone would do it". Don't make things harder on yourselves for no reason.
I expect this move to continue down towards the 0.382 blue fib @ $128.61 before moving up again. Once (4) is over, we should move higher to my next box in the $190 to low $200 area at a minimum.
I have placed an ALT (4) on the chart as this could technically be all of (4). This is not my expectation, but if we jump impulsively and make a new high then it becomes my primary count. If we follow my primary path and a bottom looks formed around the 0.382 then I will most likely buy some shares & calls w/ a strike around $200. Good Luck everyone!!
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