TSuth

Coinbase update

BATS:COIN   Coinbase Global
Coinbase has been following my analysis for the most part for the last 2-3 weeks. We did get a slightly deeper move than anticipated, but EWT predicts "normal" moves/structure. It isn't a magic ball that predicts EXACTLY where price will move to. The strength today resembles that of a c wave. Because we were expecting a c wave, I am calling this C of c of (B). I am also of the mind that this is still the wave 3 which means we still have a 4 & 5 yet to come.

MACD is still looking strong too. There is a high chance we continue raising tomorrow in 3 with the possibility of starting wave 4 by EOD. We shall see but for now I am liking what I see.

Go to ewtdaily.com for DETAILED DAILY UPDATES on 27 unique tickers and a daily zoom call with members to discuss latest analysis and get a 7-day FREE trial
Bonam Fortunam,
--Tyler
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.