Coinbase Update: Waiting on confirmation

23 de jan. de 2024

Today, Coinbase made a new high on the 3min MACD, which is a very good sign. It shows this move up, as of this writing, is healthy. This looks like a 1-2, (1-2) forming as of now. The clue I will be watching for is MACD to make a new high above todays on the 3min chart. This will signify we're most likely in a 3 of (iii) of i of our next larger wave (5). Zooming out to look at the larger MACD picture, we're on pos div on the 1Hr chart/4HR chart and have begun to show a trend change on the daily chart. These are all promising signs but until we breach $137.31 in an impulsive fashion, we don't have confirmation. I expect us to continue higher tomorrow just from looking at MACD but as y'all know there is never any guarantees. I imagine when/if we run into the upper trend line, it will give us some resistance. If this is wave (5) then we will push through it. May God bless us and make this week a good week!

24 de jan. de 2024

Nota

Not much to add to this. Today we either carved out the b wave of iv or a micro-wave 2. I think tomorrow should answer the question of which for us. I still have those 10 shares and still have the same stop in place.