COIN has recently formed a higher low on the 10hr timeframe and I think it's gearing up for a large move higher.You can see the blue trendline has been tested multiple times already and I think the next time it gets tested, it is likely to break.
I think we could see a strong move higher over the next few weeks and I'd expect price to stop somewhere in the $148-165 range.
Let's see how it plays out over the coming weeks.
Note
Price reclaimed resistance as support. Now let's see if we get the move higher.
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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.