$COIN Triple bottom consolidation and momentum building

Coinbase is showing a triple bottom pattern with the 220-225 area proving as demand zone. The price has been consolidating and RSI momentum building going into Q2 earnings report which investors are optimistic about with cryptocurrencies becoming more mainstream in recent months. There's currently also bullish sentiment with Bitcoin breaking out and positive news and headlines surrounding the asset.

Trade geschlossen: Ziel wurde erreicht:

Sold pre-earnings for $344, 50% gain