Coinbase Global
Long

$COIN found support at the 0.618 Fibonacci retracement level

200
COIN found support at the 0.618 Fibonacci retracement level. It is currently above the VWAP but below the 50-day moving average. The 9-day moving average crossed above the 20-day moving average, which is a good sign. Oscillators are also turning up.

However, the stock price needs to cross above $90 to continue the bullish trend.

Breaking below $72 would be bearish and could see it go down to the $61-$62 area.

The price movement of Bitcoin and the SEC's decision on a Bitcoin ETF will dictate the direction.

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