[Fake] Wrapped COINBASE (COIN)

This stock WILL go parabolic once the Clarity Act passes.

I'm talking about $COIN.

In this post, I’ll explain exactly why.

You’ll want to read it to the end.

$COIN is the stock ticker for Coinbase, one of the world’s largest cryptocurrency exchanges, enabling users to buy, sell, and store digital assets.

The company is led by co-founder and CEO Brian Armstrong, a vocal advocate for the CLARITY Act who has even engaged in heated verbal clashes with JPMorgan CEO Jamie Dimon over crypto regulation.

For years, regulatory uncertainty has been one of Coinbase’s biggest constraints.

It has limited token listings, discouraged institutions from entering the market and forced Coinbase to spend enormous amounts of time and money navigating unclear rules.

The CLARITY Act could change that by establishing clearer boundaries between the SEC and the CFTC, and by defining how crypto assets and trading platforms are regulated in the United States.

Why is that so bullish for Coinbase?

1. More assets to trade

Cle

$COIN Weekly Gann Square

Consolidating inside the Gann arc after finding support at the horizontal + Gann arc confluence around $140 a few weeks earlier

$180 (upper bound of the Gann arc) and $210 are the critical levels to the upside. A break of $210 would likely signal that the bottoming process has completed and a renewed uptrend can begin.

The Meridian FORCE indicator is still bearish, but has flashed a momentum shift signal recently. Will watch closely for FORCE to turn bullish again.