COIN/USD inverse H&S breakout
Seems like another decent inverse H&S breakout on the monthly. Not a lot standing in the way as resistance until ~ $140.
Supporting fundamentals: BlackRock and other institutions have named Coinbase as their prospective ETF custodian.
Crypto market seems to be flipping bullish = more business and revenue for Coinbase.
Supporting fundamentals: BlackRock and other institutions have named Coinbase as their prospective ETF custodian.
Crypto market seems to be flipping bullish = more business and revenue for Coinbase.
Note
Still holding. Awesome entry and everything playing out as expected
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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.