Coinbase Global
Long

COINBASE: Is it a guide on how to trade PEPE??

257
Coinbase saw a massive surge yesterday as the Senate cleared the path for stablecoin regulation. This turned its 1D technical outlook almost overbought (RSI = 68.001, MACD = 11.870, ADX = 26.090). Our TP = 348.50 on COIN remains but oddly enough, we see a stronger than expected correlation with PEPE. Since it is now lagging after the Senate decision, this may be a great time to buy PEPE as this pattern shows that soon it will follow Coinbase upwards anf they will converge.

See how our prior idea has worked out:

COINBASE: 3rd Bollinger Squeeze is a pullback buy signal


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