COINBASE about to issue a massive buy signal.

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Last time we looked at Coinbase (COIN) was more than 3 months ago (May 07, see chart below) where we gave a strong buy signal on its 1D MA50 (blue trend-line), which instantly delivered a rally that eventually hit our $400 long-term Target:

COINBASE Can the 1D MA50 catapult it to $400?


The stock has since dropped off its All Time High (ATH) and is trading right now below its 1D MA50 (blue trend-line). The 1D RSI has given perhaps the most optimal Buy Signal when it double bottoms (red and green circles).

At the moment it has made the first Low and we are anticipating the second, which might very well be on the 1D MA200 (orange trend-line). That would be the signal for maximum gains and our Target will be on the Higher Highs trend-line at $450.

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