Hi friends, Sharing coinbase 4H chart as we can see it gives furious move of almost 15% after breakout this breakout it gives after a identical bounce back form it's support which earlier was a resistance, and now showing some traction towards a horizontal support below which also was a resistance for it also a parallel channel support placed very well there, in this channel it did consolidation after support bounce and formed a base before breakout. So i am planning to go long if it will come and test its retest zone and bounce from there.
This is not and trade or investment advice. This idea is meant for learning only.
Best Regards happy trading- Amit
This is not and trade or investment advice. This idea is meant for learning only.
Best Regards happy trading- Amit
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