Coinbase GlobalLong
💾 What Is Coinbase Saying? 218 Target Long-Term
Mid to long-term, we are bullish and that's for sure. The only uncertainty remains for the short-term.
For example, on the weekly timeframe we can see the inverse head and shoulders pattern forming, a classic reversal pattern:
Notice the strong bullish bias on the weekly RSI that bottomed May 2022:
The bulls have that going for themselves, a strong 2024 regardless of the short-term.
Now, moving to the daily timeframe, the main chart above, first we notice the signal mentioned in the previous trade idea which is the high volume 6-June marking a low.
The current structure is a bullish consolidation phase within a long-term higher low.
Then we have these gaps that work for us as targets.
Thanks to these gaps I was able to predict Tesla's (TSLA) recovery perfectly, not sure if you followed back in January 2023. The same situation here...
If you have doubts short-term, I understand, we can't really know where it will go but, the long-term is 100% clear, the bigger picture is UP!
Thank you for reading.
Remember to boost, follow and comment to show your support.
Namaste.
For example, on the weekly timeframe we can see the inverse head and shoulders pattern forming, a classic reversal pattern:
Notice the strong bullish bias on the weekly RSI that bottomed May 2022:
The bulls have that going for themselves, a strong 2024 regardless of the short-term.
Now, moving to the daily timeframe, the main chart above, first we notice the signal mentioned in the previous trade idea which is the high volume 6-June marking a low.
The current structure is a bullish consolidation phase within a long-term higher low.
Then we have these gaps that work for us as targets.
Thanks to these gaps I was able to predict Tesla's (TSLA) recovery perfectly, not sure if you followed back in January 2023. The same situation here...
If you have doubts short-term, I understand, we can't really know where it will go but, the long-term is 100% clear, the bigger picture is UP!
Thank you for reading.
Remember to boost, follow and comment to show your support.
Namaste.
🔥 PREMIUM Trade-Numbers
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.