🚨 Coinbase Is Sitting on a Critical Level.



This isn't just another dip.

The weekly chart is forming what looks like a Right-Angled Broadening Top — a pattern that often signals rising volatility and potential trend exhaustion.

Here's what stands out:

• Price keeps printing lower highs, showing buyers are losing momentum.

• The horizontal support has been tested multiple times. Every retest increases the risk of a breakdown.

• If this support fails with strong volume, the measured move suggests a much deeper correction could follow.

That said...

Support is support until it's broken.

A strong weekly close above recent lower highs would weaken the bearish structure and shift momentum back to the bulls.

📌 Key takeaway:

Don't predict the breakout.

React to confirmation.

In markets, patience often outperforms prediction.

What's your view — bounce from support or breakdown next? 👇📉

#Get2SharesOfSKHynixAtZeroCost
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • 2
  • Share
Comment
Add a comment
Add a comment
GateUser-deff9ed8
· 2h ago
Each rally high is lower, classic weak structure.
View OriginalReply0
GateUser-0d1088ad
· 2h ago
This pattern is indeed interesting, but history does not simply repeat itself.
View OriginalReply0
GlitchOrchard
· 2h ago
I've already reduced my position. I'd rather miss out than be trapped.
View OriginalReply0
GateUser-b4b056d3
· 2h ago
Coinbase stock price is too closely tied to cryptocurrency prices, creating double risk.
View OriginalReply0
OldKeyboardTraitor
· 2h ago
#Get2SharesOfSKHynixAtZeroCost What's the deal with this tag?
View OriginalReply0
Stop-LossAtTheEdgeOfTheLava
· 2h ago
Don't predict, just follow, well said.
View OriginalReply0
PickingUpCatsInTheContract
· 2h ago
This pattern has a much higher success rate in US stocks than in the crypto space.
View OriginalReply0
TheLiquidationLampInMisty
· 2h ago
If the horizontal support breaks, where is the target?
View OriginalReply0
  • Pinned