COIN has some monumental bullish signs
We are currently in the Process of Penetrating the Upper Border of Rectangle Pattern! Watch how we interact here. Might not Happen in 1 day and can get slight pullback.
But ultimately a Confirmation of Support on Upper Border will be indicative of a Continuation move to Upside. As consolidation zones are continuation patterns usually.
Confirmation of Support on Upper border will be a great area to take positions if you havent taken any on Neckline.
RSI has printed a Higher HIgh, after months of not getting past the 55-56 RSI level.
MACD and STOCH RSI has crossed BULLISH -> indicating the presence of Bullish momentum.
Like to see these signs trickle up to larger timeframes, which will get COIN to gain more traction and move higher. Stay tuned. Weekly timeframe getting close to some monumental bullish signs.
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