$COIN again keeping the trendline and breaking out big time after the #Grayscale#ETF news, as predicted.
#Blackrock ETF deadline on Friday, target is $160, right at the 0.382 macro Fib level.
IF this breaks it should fly to $200.
Timeframe for top is mid-September!! 📈
#Coinbase #SEC
Thoughts on $COIN.
Looking at the weekly we see an inverse HnS pattern has formed.
The move of the last low ended right on the first Fib Retracement level (0.236) and slowly retracing a bit the past few weeks, forming a big Bull Flag.
This appears to be an Elliot ABC move, we are currently at the second wave. I believe we break out and complete the wave C, which leads us to $200 for #Coinbase the first 10 days of September.
Also the $200 level is precisely the 0.5 Fib level on the weekly, and could very well be when #BlackRock #ETF gets approved, and we have a top!
(I believe #BITCOIN will follow the same pattern).
#SOLBTC THE BIG PICTURE
These Fib channels hold since forever. Now we have an almost completed deviation and trying to get above, within the first channel.
I can't stress enough how #bullish this looks!
‼️Pay attention‼️
#Solana $SOL #bitcoin $BTC