Coinbase Stock Discussion

topcing OP : shorts need taken out

Silverbat : Too late to buy HOOD?

Buy n Die Together❤ :

SuperMusk : Wkkwkwkwwk

10baggerbamm : every stock has the same chart you can pick any of the companies in the same sector they're all ran up against their upper resistance on the Bollinger band and the shorts just went right after them and attacked them so that's what's happening across the board you're not going to be able to fight these algorithmic short programs that are in place right now unless Bitcoin reverses and goes like 105 today this is the trend today probably tomorrow and we'll go down to the 20-day moving average sadly

✨洋洋 10baggerbamm : How much more do you predict it will take for a rebound to occur?

10baggerbamm ✨洋洋 : it's 100% correlated to bitcoin if Bitcoin reverses today it's going to reverse as simple as that if Trump comes out today and says we have 60 billion left in Bitcoin and that will seed the strategic reserve in the United States then Bitcoin is going to reverse on a dime and coin base reverses on a dime.
if you look at the move from coinbase from the low to the high it's a big percent so now profit taking that's all this is you can chalk it up to any excuse it could come down to the 20-day moving average and it might do that I don't know but if Trump does anything in the meantime says anything about Bitcoin or strategic reserve you won't be able to enter an order fast enough