$COIN is still holding the 50 Day MA and staying above the 0.5 Fib at $128 and not invalidating the impulse wave by infringing on Wave 2.
I can see 3 very clear abc waves in this pull back, so as long as the levels above are holding, this can continue higher to our Wave 5 level as shown which is also the March 2022 high level.
No changes to this chart.
Christian Wacker
2024-01-16 21:16:11 +0000 UTC