How Verified Investing’s view on $COIN changed

Well, the first chart I'm following today is Coinbase, which is up 4.2%. So, Coinbase is benefiting from this rise. As we have seen, the price rose from this trend line, then returned to it after it had acted as resistance, then became support, then began to consolidate, then rose again.

Uh next up on the chart, Coinbase. Now Coinbase recently also has had a very nice breakout, has not yet retraced. As we see here, we're putting in bullish consolidation and we're doing so right in a point of resistance on the chart.

Now, look, today we did put a daily close once again above this declining trend line. We did that back on Thursday, but we didn't follow through when it with an extended move higher with any sort of conviction.