Coinbase Global, Inc. COIN - Smart Money Concept Technical Analysis

Coinbase Global, Inc., branded Coinbase, is an American publicly traded company that operates a cryptocurrency exchange platform. Coinbase is a distributed company; all employees operate via remote work. It is the largest cryptocurrency exchange in the United States in terms of trading volume.
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Smart money concept trading is a trading strategy that is based on the idea that large institutional investors, such as banks, hedge funds and mutual funds, have more knowledge and resources than individual retail traders or investors.

SMC traders aim to align their strategies with the intentions of smart money, often by tracking their movements through order blocks and breaker blocks. Based on the SMC theory, financial markets are largely controlled by financial institutions, hedge funds, and governments.

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