$Coinbase (COIN.US)$$GraniteShares 2x Long COIN Daily ETF (CONL.US)$today's the first day since January 24th that we have been above the upper Bollinger band the difference back then we were in a descent mode we're coming down now we're going back up.. and when coinbase runs it can put some serious points on the board. I am sitting on 10k shares avg $10.68 ..I've got the 2x leveraged ETF
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David Wang009
:
Breaking the upper Bollinger Band means a decline is about to occur.
10baggerbamm
OPDavid Wang009
:
statistically 90% of price movement happens between the upper and the lower band that is absolutely correct however... when it breaks through that upper band that's when you can get a breakout to the upside you get a new leg higher. what could contribute to that if there's any positive movement in tariffs if some tariff deals are announced if Bitcoin continuously trades higher... you do have to be careful there's no question about it because most of the time you get reversals and a retest to the 20-day moving average. and there's still a lot of people that are saying yeah we've had three days of a rally nothing has changed there's no tariff deals there's no dialogue according to China happening between President Trump and him Ukraine Russia is still a problem no peace deal there so what's the reason to rally..
$Coinbase (COIN.US)$ Coinbase Q1 2025 earnings conference call is scheduled for May 8 at 5:30 PM ET /May 9 at 5:30 AM SGT /May 9 at 7:30 AM AEST. Subscribe to join the live earnings conference with management NOW! Beat or Miss? What do you expect from Coinbase's Q1 earnings? Will the company beat or miss the estimates? Make sure to click the "Book" button to get what Coinbase's management has to say! Disclaimer: This presentation is for information and edu...
Mr Patience
:
base on techinical analysis, under EMA 20 could affect the stock direction, overall still consider weak, but soon i guess will break the line and a real move coning, pateint i sthe key, must know what we are doing
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David Wang009 : Breaking the upper Bollinger Band means a decline is about to occur
.
10baggerbamm OP David Wang009 : statistically 90% of price movement happens between the upper and the lower band that is absolutely correct however... when it breaks through that upper band that's when you can get a breakout to the upside you get a new leg higher. what could contribute to that if there's any positive movement in tariffs if some tariff deals are announced if Bitcoin continuously trades higher...
you do have to be careful there's no question about it because most of the time you get reversals and a retest to the 20-day moving average. and there's still a lot of people that are saying yeah we've had three days of a rally nothing has changed there's no tariff deals there's no dialogue according to China happening between President Trump and him Ukraine Russia is still a problem no peace deal there so what's the reason to rally..
Green Monster : Your uncle is indeed your uncle.