COIN LONG = Ascending Megaphone Pattern

27 Agu 2022

COIN

COIN downrended from November 2021 to later July

loosing 85% of its price along the way. Having completed

its reversal, it is now up trending in a megaphone pattern

reflecting increasing volatility. Relative volume has increased.

I have plotted in mid-Fibonacci levels.

I see this as a swing long setup, and will take the trade

setting up the stop loss as the market low late July.

Targets include the Fibonacci levels as well as where

price hits the mid=line of the megaphone where it could

break through or bounce in this high volatility zone.

I will leave a runner to see if price can eventually reach

the late 2021 price level especially if the crypto market

undergoes a resurgence.

29 Agu 2022

Trade aktif

COIN is up 4% for the Monday morning trading. Stop Loss moved to breakeven it is now a free trade that cannot be a loss.

30 Agu 2022

Trade aktif

COIN had a decent 2 % day showing good strength as compared with the general market. The option is up nicely and I anticipate taking a partial on Thursday or Friday.

10 Sep 2022

Trade aktif

COIN has had a great week- up almost 30% on a four-day week. Calls exploded.

11 Sep 2022

Trade aktif

marketmovingtrends.com/coinbase-upgraded-at-daiwa-on-ability-to-diversify-revenue/