Technical analysis by jamesibartram about Symbol COINX: Buy recommendation (8/12/2025)

From higher timeframes I personally am unsure of the strength of this currents month direction due to trading within a Higher Time frame consolidation. Trading within a 1-5 Elliot's wave pattern I would like to see this current wedge pattern be respected. Saying that as said above we are consolidating in price action so I have noticed a change of character with a valid pullback but price has wiped it out suggesting sellers are here with force. There is a strong Demand that price "could" see potential in moving too although that would tell me that this consolidation pattern is not valid. Over all I am waiting still for price to make a move deeper into this 50% level for discount buyers before making a larger move yet again. Please follow for more