Coinbase has surged sharply above the $275.90 level, prompting us to consider green wave [iv] finished. Now, we see the stock advancing in wave [v], which still has more upside potential to finalize light green wave a. Afterward, we expect a corrective pullback in wave b, which may dip below $275.90, before green wave c resumes the advance, thus completing orange wave b distinctly above $275.90.
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📊 Free daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter - full free analyses at dailymarketupdate.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.