Coinbase (COIN) – [ Keep A Close Watch! ]
Chart Source: Poems2.0 26th Oct 2021
Coinbase is an American company that operates a cryptocurrency exchange platform. As of March 2021 it was the largest cryptocurrency exchange in the United States by trading volume. Coinbase will benefit from increasing adoption of cryptocurrency as more and more investors are turning to crypto as an alternate form of investment.
If investing in the coins is not something you are comfortable with but want some exposure to the crypto world then coinbase might be one of it. We will cover more of it in due course but have drawn the chart and we’re looking at more upside as the world continues to adapt to crypto . Either wait for pullback to find entry or Coinbase has broken out of its horizontal resistance and might be looking at more upside.
What are your thoughts on Coinbase? We’ll be happy to hear them
Yours
Humbly
Kelwin&Roy
