COINBASE (2H ) - Midterm trading plan

Hi Traders,

Another Quick Idea. COINBASE entered Market in the right time - TO SELL :D... When bitcoin peaked.

So we can see 3 impulsive wave down and right now forming some kind of Triangel or ending diagnal. = possible Wave 4.


Hence I expect One more truncated wave down. Shorter than wave 3. (Wave 3 is never shortest acc. to Elliot Wave rules).


If so, I will look for entry into COIN around 170-190 USD and BTC 23-25K. Wait for RSI convergencies at least at 4H-6H chart. ;)



Trade safe, use stop loss and stick to your strategy. Enjoy the game.
Bitcoin (Cryptocurrency)coincoinbaseelliottwaveprojectionTechnical IndicatorsTrend AnalysisWave Analysis

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