ZKUSDT: The Path to Millionaire StatusIn the world of cryptocurrencies, ZKUSDT stands out as a diamond in the rough. With its current price hovering around $1.11 and a staggering target of $3.87, this coin is poised for exponential growth. What sets ZKUSDT apart is not just its price potential, but its robust foundation and promising future.
Despite being listed on exchanges like KuCoin, Gate.io, Bybit, and Crypto.com, ZKUSDT has yet to find its place on major platforms such as Binance and OKX. However, the fact that investment teams from these exchanges have already shown interest speaks volumes. The likelihood of ZKUSDT being listed on these giants is incredibly high, potentially catapulting its price to new heights.
Technically speaking, ZKUSDT is currently in the accumulation phase on the price chart, indicating strong support and readiness for a significant upward move. The price targets illustrated on the chart underscore its immense potential.
What's more, the ultimate price ceiling considered as the final target could be surpassed dramatically upon listing on major exchanges. This could turn early holders into millionaires overnight.
ZKUSDT isn't just another cryptocurrency; it's a ticket to financial freedom for savvy investors. Stay tuned for what could be the most lucrative opportunity of the year.
Market Mastery Media
COIN-M
COINBASE Short-term Channel Up targeting $284Coinbase (COIN) has been trading within a short-term Channel Up (blue) ever since the bottom on the 4H MA200 (orange trend-line) and later turned the 4H MA50 (blue trend-line) into a Support too. Yesterday the first 4H MA50/ 1D MA50 Bullish Cross was formed since February 29.
As you can see this is approximately the same pattern that was followed after the February 09 bottom on the 4H MA200 and its first Target was the Resistance coming of the previous High.
This short-term Channel Up leads straight to that Resistance as part of its next Higher High, so our short-term Target is $284.00.
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JFIN Coin 12/06/2024To analyze the provided chart, I'll break down the key elements visible:
Analysis:
Short-Term Prediction: The chart predicts a short-term increase to around 9.95, followed by a decline.
Medium to Long-Term Prediction: A significant decline is expected, potentially reaching the support zone around 5.50 to 6.50.
Strategy:
For Traders: If you are trading based on this chart, a possible strategy might be to:
Monitor the price action around 8.85 (Target 1)to 9.95 (Target 2) for signs of reversal.
Consider short positions if the price fails to break above 9.95 convincingly.
Look for buying opportunities if the price reaches the support zone around 5.50 to 6.50, anticipating a potential rebound.
$COIN looks like a good short hereI know everyone is bullish crypto, but the NASDAQ:COIN chart doesn't look that hot.
You can see that price moved up over the trend line, formed a small timeframe head and shoulders, broke down, and now has retested the trend line today.
I bought some puts before market close.
Before we move higher, I'd expect price to come down to touch the lower support levels before we see any sustained move higher.
Let's see how it plays out over the coming weeks.
NOT Any Token!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 NOT has been overall bullish, trading above the rising trendline in blue.
Currently, NOT is undergoing a correction phase within the falling red channel.
Moreover, it is retesting strong demand zone marked in green.
🏹 Thus, the highlighted blue circle is a strong area to look for trend-following buy setups as it is the intersection of the green demand zone and lower blue trendline acting as a non-horizontal support.
📚 As per my trading style:
As #NOT approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
(COIN) coinbase "up and down -- volume" The custom indicator I created shows a pattern I'm not used to seeing on cryptocurrency. Stocks are quite different especially right now and with Coinbase. The consistent up and down pattern of volume in such short time frames shows the varied differences between cryptocurrency traders and stock traders.
BNB - LONG TERM -Binance Coin (BNB) is a cryptocurrency native to the Binance blockchain ecosystem. Initially launched as an ERC-20 token on the Ethereum blockchain in 2017, BNB later transitioned to become the native asset of the Binance Chain when it was launched in April 2019.
BNB serves multiple purposes within the Binance ecosystem, including but not limited to:
1. Transaction Fees: BNB can be used to pay for transaction fees on the Binance exchange platform. Users who hold BNB in their Binance accounts can choose to use it to pay for trading fees, which provides them with discounts.
2. Token Sales: BNB is often used in token sales and initial coin offerings (ICOs) conducted on the Binance Launchpad platform. Participants can use BNB to purchase new tokens issued through Launchpad sales.
3. Staking and Governance: BNB holders can participate in various staking mechanisms and governance activities within the Binance ecosystem. For example, BNB holders can stake their tokens to earn rewards through the Binance Staking platform or participate in governance decisions related to the Binance Chain.
4. Utility and Ecosystem: BNB has utility across various products and services offered by Binance, such as Binance Smart Chain, Binance DEX (decentralized exchange), Binance NFT (non-fungible token) marketplace, and more. Additionally, BNB is accepted as a form of payment by various merchants and platforms that support cryptocurrencies.
5. Burning Mechanism: Binance periodically conducts token burns, where a portion of BNB tokens is permanently removed from circulation. The burning mechanism helps reduce the total supply of BNB over time, which may contribute to its potential value appreciation.
Overall, Binance Coin plays a crucial role in the Binance ecosystem, serving as a utility token with various use cases and functionalities. Its integration into multiple Binance products and services, as well as its growing adoption, have contributed to its prominence within the cryptocurrency space.
COINBASE Can catapult above $300 any time.Coinbase Global (COIN) has been trading within a long-term Channel Up pattern since the October 27 2023 bottom. Its long-term Support level is the 4H MA200 (orange trend-line) which was most recently tested on May 14 2024 and held.
Just like the February 07 (near) test, this is technically the latest Higher Low of the Channel Up. The break-out above the Falling Wedge that followed, similar to the February bottom, has found Support on the 4H MA50 (blue trend-line), which held even during Friday's dramatic pull-back.
With the Sine Waves accurately depicting COIN's all recent bottoms (Higher Lows) and tops (Higher Highs), they clearly show that we are past the latest bottom and have already started the new Bullish Leg to a Higher High.
The previous one was priced just above the 1.786 Fibonacci extension level. As a result, we remain bullish on this stock, setting a new price Target at $380.00 (Fib 1.786), which can be achieved by mid-July.
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COIN setting up long after a pullbackCOIN has a big jump July 13 after some good news on SEC litigation against crypto
and a court ruling was issued. It is shown here on a 15 minute chart.
Since a double top it went sideways for a week and then down trended. The anchored VWAP
bands serve to give context and serve to show dynamic support and resistance price was at the
mean VWAP on July 13th when it popped. In the price action since price did a VWAP breakout
and then a breakdown to bounce off the same mean VWAP black line and is now a bit above it.
As I believe COIN is now trending up with the relative strengths of the low and high time frames
at about the 50 level. I have set a stop loss below the VWAP line and targets as TP1 -105
TP2- 107 and TP3 -109 although the price could reach the highs of 7/13 especially if
there are legal or regulatory updates favorable to the cryptocurrency sector. I will also take
a look at RIOT and MARA.
BTCUSD (To Achieve More)Bitcoin Liquidates $85M in Shorts, Eyeing $100K Price Target
Bitcoin saw a significant surge leading up to the previous daily close, with substantial buy liquidity driving the market close to $72,000.
This rally resulted in the liquidation of $85 million in BTC shorts within the past 24 hours, according to data from CoinGlass.
Statistician Willy Woo commented that bulls are now challenging overhead resistance that has been in place for over a month.
Technically:
The price stabilized in the bullish zone as predicted in our previous analysis, reaching targets of 69030 and 71660.
Currently, a correction is expected down to 69040 before the price attempts to push up to a new all-time high. The price is likely to consolidate between 69030 and 71660 until a breakout occurs. A decisive break below 69030 with a daily close under this level would signal a downtrend.
Key levels to watch:
- Pivot Price: 71660
- Resistance: 73810, 76500, 80150
- Support: 69040, 66850, 64900
The price movement is anticipated to range between 69040 and 73810.
Previous idea:
Bitcoin (BTC/USD) - Weekly - Potential Support Trendline TestBitcoin (BTC/USD) has been in a long-term price uptrend since 2023.
However, Bitcoin has been in a short-term downtrend since April 2024.
Bitcoin price could potentially re-test Support Trendline 1 and support prices of approximately $56000 down to $55000.
Bearish Scenario: price falls and test support levels below such as $58000, $55000, $50000, $45000, $40000.
Bullish Scenario: price bounces and continues higher to resistance prices of $64000, $69000, $73000, $77000, $80000.
Note: crypto regulatory changes, government vs crypto exchange lawsuits, breaking news, corporate earnings, and global events could override technical chart patterns.
Date created: 05/10/2024
(COIN) coinbaseRed line connects two points based on exponential moving averages. I don't use SMA and have read that weighted is better than exponential. Hull is better than both and Alma is a modern take only created within the last 20 years. I suppose it all depends on what moving average line the person buying uses to base their decisions. If a super rich person uses Simple Moving Average and I'm using something else, will we both see the same thing? Also, why would someone educated and wealthy use something called "simple moving average?" If you were wealthy and educated what would you use?
Coinbase's high uncertainty rating explained, key zone $190Coinbase's stock price has been in a downward consolidation phase since March, with a key level zone identified at $190. This zone represents previous highs and serves as a crucial support level during this period.
A breach below $190 could trigger selling pressure, potentially pushing the price lower towards the open gap at $143. This scenario suggests that a break below $190 may signal further downside momentum in Coinbase's stock price.
Coinbase's first-quarter earnings, scrutinized by Morningstar, revealed robust growth driven by surging cryptocurrency prices and volatility. Revenue more than doubled to $1.6 billion, bolstered by a $737 million gain on mark-to-market cryptocurrency assets, resulting in a net income of $1.18 billion. The retail trading business emerged as the primary revenue driver, experiencing a 99% increase from the previous quarter and a remarkable 184% surge from the previous year, totaling $935.2 million. Despite concerns over long-term price competition due to high fees relative to peers, Coinbase's market share remained resilient, with average pricing trending upwards.
Economic Moat Rating and Financial Strength
Morningstar assessed Coinbase's economic moat as nonexistent, despite its leading position in the US cryptocurrency exchange market. The company's reputation for reliability and compliance has allowed it to charge higher fees than many competitors. With over $5.1 billion in cash and significant cryptocurrency assets, Coinbase maintains a strong financial position, providing flexibility during periods of market volatility.
Risk and Uncertainty, Bull and Bear Perspectives
Coinbase's exposure to cryptocurrency prices and trading volume, coupled with regulatory uncertainty and interest rate exposure, contributes to its Very High Uncertainty Rating. Bulls emphasize Coinbase's leading market position and potential for global expansion, while bears caution against the cyclical nature of cryptocurrency markets and regulatory challenges, including allegations of acting as an unregistered securities exchange by the SEC.
$BNB is forming a beautiful triangleCRYPTOCAP:BNB is forming a beautiful triangle
I inicially thought it would form a parallel channel, but no, as you can see the channel is still on chart (in yellow)
Breakout from this triangle will give us 27% from today price
Expect some more downtrend for a few days before the breakout, as the Detonator indicator (purple) is riding on top of oscilation
BNBUSDT - Price can break resistance level inside rising channelHi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊
Recently price entered to falling channel, where it soon broke resistance level, which coincided with resistance area.
After this, BNB reached resistance line of channel and then bounced down to support line, breaking $604 level again.
Then price made downward impulse, exiting from falling channel and breaking $560 level.
But then, BNB turned around and started to grow inside rising channel, where it broke $560 level again and continued to grow.
Later price reached resistance line of channel, but at once bounced and fell to support line, where now it continues to trades near.
In my mind, Binance Coin can bounce up from support line of channel to $615, breaking resistance level.
If this post is useful to you, you can support me with like/boost and advice in comments❤️
New Class Action Lawsuit Filed Against Coinbase Stock Down 2.45%Coinbase Global ( NASDAQ:COIN ) and CEO Brian Armstrong are facing a class action lawsuit from complainants claiming that the company misled them into buying securities. The lawsuit argues that digital assets listed on Coinbase are securities, and they also allege that Coinbase Earn accounts violated securities laws by advertising and promoting for higher yields. The plaintiffs also claim that Coinbase ( NASDAQ:COIN ) admitted it is a "Securities Broker" in its user agreement, making digital asset securities sold by the exchange as investment contracts or other securities.
The plaintiffs are seeking full recession, statutory damages under state law, and injunctive relief in a demand for a jury trial. The lawsuit is similar to other class actions and the SEC lawsuit. Coinbase ( NASDAQ:COIN ) has escalated its legal dispute with the U.S. SEC by filing an interlocutory appeal on the "investment contract" definition. Coinbase's CLO, Paul Grewal, believes that the exchange has a higher chance of victory as the SEC's interpretation of investment contracts doesn't align with Second Circuit and Supreme Court cases.
Coinbase's interlocutory appeal is also critical for the Ripple Vs SEC lawsuit, as the SEC could appeal Judge Torres' ruling that programmatic sales of XRP are not securities.
Technical Outlook
Coinbase Stock ( NASDAQ:COIN ) was down 2.45% on Friday's market close trading below the 50-day Moving Average with a Relative Strength Index (RSI) of 48.39.
COINBASE Bottomed and turning bullish for 2 months.Coinbase (COIN) completed a 2-day green streak following a Lower Low within the Falling Wedge, which is technically the Bearish Leg of the 6-month Channel Up pattern that started on the October 27 2023 Low.
By tomorrow the 4H MA50 (blue trend-line) would have crossed below the 4H MA100 (green trend-line), forming a Bearish Cross, which is a pattern last seen on February 02 2024. The stock bottomed 2 days later, above the 4H MA200 (orange trend-line), which is currently at.
In contrast to the stocks Lower Lows, the 4H RSI formed Higher Lows, which is a Bullish Divergence, the same kind of pattern it completed on February 05. Technically, once it breaks above the 4H MA50 again, we will have a confirmed Bullish Leg (dotted) at its very start. The last one reached the 1.786 Fibonacci extension, so we are targeting at least $370.00 on this run.
It is worth noting that there is a high degree of consistency in the frequency on the Highs and Lows of the Channel Up, which is clearly shown by the Sine Waves on this chart.
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