Jump to content

Coinbase Global Inc.(COIN:NASDAQ) Elliott Wave Technical Analysis 22 May 23

Recommended Posts

Coinbase Global Inc., Elliott Wave Technical Analysis
Coinbase Global Inc., (COIN:NASDAQ): Daily Chart, 22 May 23,
COIN Stock Market Analysis: Looking for further downside into wave {iii} as we have successfully completed the triangle in wave 4 and we seem to have started moving lower into wave 5.
COIN Elliott Wave Count: Wave {ii} of 5.
COIN Technical Indicators: 20EMA as resistance.
COIN Trading Strategy: Looking for further downside to unfold soon, wave count invalidation is a break north of 72.9$.
TradingLounge Analyst: Alessio Barretta

Coinbase Global Inc., COIN: 4-hour Chart, 22 May 23,
Coinbase Global Inc., Elliott Wave Technical Analysis
COIN Stock Market Analysis: Looking for downside into wave (iii) of {iii} therefore I do expect an acceleration lower. If not, then we can start thinking either wave {ii} is not finished or else the whole count is compromised.
COIN Elliott Wave count:  Wave (iii) of {iii}
COIN Technical Indicators: 200EMA as resistance.
COIN Trading Strategy: Looking for downside into wave (iii).
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • General Statistics

    • Total Topics
    • Total Posts
    • Total Members
    • Most Online
      10/06/21 10:53

    Newest Member
    Joined 11/12/23 07:16
  • Posts

    • Bitget has been on the news recently for the right reasons and I feel they should be a tier 1 CEXes not just for rewarding their potential users but for being very innovative by simplify trading experience on their platform. 
    • Asia stock indices mostly advance as China consumer prices drop the most in three years after another positive session in the US on Friday, shrugging off stronger-than-expected US jobs data ahead of Wednesday's FOMC meeting. With the ECB and BOE meeting on Thursday, volatility is likely to pick up in the middle of the week. While today's economic calendar is devoid of any market moving data, Tuesday should be more interesting with UK unemployment, Germany ZEW economic sentiment and the US inflation data releases.   
    • JTO strategic focus on community driven governance and network management will greatly influence and impact the Solana ecosystem, and that could be seen in the tokens allocation ratio to validators and the community. With the success of other projects like BLUR, PYTH, JUP and the incredible JTO all under Solana ecosystem, Solana is on the path to match up or even displace Ethereum as Defi king hence it's a good time to buy and HODL Sol. NFA tho.
  • Create New...