Coinbase Global
Long
Updated

COIN rises with cryptocurrency resurgence. Can it continue?

126
COIN popped today with vigor as traders seem to recognize the resurgence of crypto.

On the chart, the pop has adequate volatility and high relative volume. The RSI indicator

shows RSI crossed over 50 the prior day and is now nearly at 100. The question arises, can

COIN continue or will it consolidate or reverse? Please comment with your opinion.
Trade closed manually
COIN momentum seems to have evaporated with early consolidation 0.5% profit on
trade makes it a dud and closed to redeploy elsewhere.

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