Coinbase Global
Long

Coin Fibs

67
On the Monday scare Coin interestingly dropped right to a previously marked fib, within two days the stock has rallied right back to the golden ratio. This goes to show you how nonsense market fear reactions are, had you longed at the golden fib, let the stock dump to the green, doubled your long position and dropped your basis immensely youd be sitting pretty right now as it approaches the channel again.

-There is still work to do on this recovery, I think Coin usually precedes BTC moves
-I expect a slow grind back to the 20EMA (red)
-In sept/Oct I think we see a strong push to my target of 279$

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