Coinbase (Coin) Cup & Handle Breakout or Triple Top

Coinbase has formed a beautiful cup and handle or is it a Triple Top.

If we get a bullish break and then retest around 115-116 on the daily, we should be set for 190 in the coming months.

However, if can be argued it has formed a local triple top.

Difficult to tell right now.

Fundamentally, I am bullish on Coinbase but price action dictates.

Momentum is on the side of the bulls.

Kommentera:

We broke out today.

Kommentera:

This is pure momentum play now