Coinbase Looks Ready For A Bullish Resumption
Jun 1, 2023

COINBASE

Coinbase made an impulsive recovery at the beginning of 2023 along with cryptocurrencies. Since then we can see both markets slowing down within a higher degree correction that can be coming to an end. Coinbase may have actually already a completed complex w-x-y correction and looks like it’s looking for a bullish resumption, which can be easily supportive for the Crypto market. However, bullish confirmation is only above channel resistance line and 85 region.

Coinbase Looks Ready For A Bullish Resumption Coinbase 4h chart
Coinbase 4H Chart

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