Coinbase - Will price drop to the $120's before it bottoms?Coinbase Global, Inc. Class ABATS:COINTSuthPrice fell back into the target box as we expected. The question to ask at this time is whether or not it will drop to the $130's or the $120's before a bottom is carved out. I can see both possibilities playing out tbh. From $123-$132 we have many fib lines creating confluence. To extend below these fibs would be a surprise to say the least. The low $130's makes the most sense to me given the resistance in that area. However, crypto could easily pull it down to carve out a new low. Should that happen, then I will count it according to the turquoise pattern and assume that we're just now finishing the turquoise intermediate wave (A). At $135 is where I will add to my current position. Currently, my plan is to buy into CONL to capitalize on the move higher as it trades at a 2x value. Most likely, I will buy around 1000 shares @ $3.80 or so. I will make that decision when we get there though.