$COIN

COIN's recent action invalidated the bearish structure and revived the bullish B-wave thesis targeting 280, but entry requires a confirmed higher low near 169.

BullishHe framed it in weeks
“Monthly Crypto Webinar Series: September 19th, 2026”
ElliottWaveTraderPublished Sep 22 · 2 passages

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And then Coinbase is uh at an interesting point as well. Action just on Friday was interesting and sort of adjusting my take on the daily chart.

And then coin is another one I've been on top of pretty well. But what it has done is this move here negated potential of a direct move down in the C which I was tracking. So I may consider longs to take this B higher.

Um, I may consider I'm going to say may because it's not not the greatest chart to cover to trade right now. Let's see where. There we go. Um, projection-wise, the minimum for this move is uh it's only 215, but based on looking at this move, I can suggest we might get a diagonal a lot higher.

So, let me project a fib here. We might get a diagonal up to 280. So depending on how the I have to see how the structure fills out here, but we may see a move to 280 as an alternate.

And you guys remember I was looking for a larger B-wave out of this for all all of the year and then I gave up on it as it as it ended up being weak in this region. I gave up on it.

Well, now it's living again. So I think we'll see what I was looking for in the chart early in the year is finally starting to come shape. So take shape. And so I think 280 is reasonable.

But I'm not longing yet until I get a setup in this region like a little a little pullback into that holds a higher low here. And let me see let me put a support on it. Um it's going to change as we go into the week because we don't have a finished move yet.

I don't know why I can't. It's like my tools aren't using working very well. Um 169 is right now the current support, but it's probably going to move up into the week. So roughly 169.

So, there probably is a long trade in there, but we'll see how it shapes up. And again, the target is 280 is what it's looking like, but I'll refine that as we get into the week.

Watchpoints

price action on a pullback into the support region
price movement towards the projected target

What this channel has said about $COIN

ElliottWaveTrader has only this one call on this stock.

2026-09-22BullishThis one
And then Coinbase is uh at an interesting point as well. Action just on Friday was interesting and sort of adjusting my take on the daily chart.
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KOL Says