From TradingView · · 30s
Coinbase Drops to $130 Before Bull Cycle
Coinbase falls to $130 as Bull Cycle begins after 4-week red streak.
In brief
Coinbase falls to $130 as Bull Cycle begins after 4-week red streak. Coinbase drops to $130 before starting a new Bull Cycle. Originally reported by TradingView.
Coinbase Drops
Coinbase completed a 4-week red streak following the September 21 rejection on its 1W MA50.
Expected $130 Drop
We expect Coinbase to hit $130 at least before it starts a sustainable new long-term uptrend.
Bull Cycle Begins
Until it closes a 1W candle above the 1W MA50, we can't call a new Bull Cycle.
The big picture
Coinbase drops to $130 before starting a new Bull Cycle.
