Just a reminder to keep an eye on Coinbase Global's current trading price of $160. Last time we were at this price level, we saw a 7.30% gain in the stock. If it shows any bullish signs, such as a bullish candle, consider taking a long position. Set your stop loss at $150 and your take profit at $210.
Cryptocurrency company Coinbase (NASDAQ: NASDAQ:COIN ) is set to report its Q2 earnings tomorrow after the bell. As one of the leading platforms for buying, selling, and managing cryptocurrency, Coinbase's performance is closely watched by investors and analysts alike. Here’s a detailed look at what to anticipate from the upcoming report. Recent Performance In...
Hi Guys! As always i try to bring ideas that catch my attention on the macro timeframes. The one that got my attention is Coinbase (COIN). Ive been tracking coinbase for some time now, ever since i discovered the Inverse Head and Shoulders pattern. (Ill be putting the link to that idea and others related to COIN below. This current analysis will be assessing...
COIN has been on an epic run. What goes up must come down as they say... but Bitcoin is at 73k tho bro. Just think of all the people who bought when it was at ~$50. A lot of institutional investment decided they were not going to miss out crypto this cycle and anticipated the run up. They are definitely going to take profits now that they are up almost 400% and...
Following the low at the beginning of 2023, NASDAQ:COIN began to rise in a notably constructive manner, eventually reaching a peak at 186. Subsequently, a typical correction ensued, and presently, the stock is trading precisely at the former resistance level of the long-term consolidation phase. In my view, this presents a favorable buying opportunity, with a...
we can see the price move near the big support 115 and 0.61 fibo we can expect big bounce from here targets are 134 141 159
"Cathie Wood’s Ark Investment Management, the second-largest holder of Coinbase Global (COIN) stock, doubled down on its investment in the crypto exchange after the U.S. Securities and Exchange Exchange sued the only publicly traded crypto exchange sending share prices tumbling. ARK bought 419,324 shares of Coinbase, worth around $21.6 million based on Tuesday's...
Coinbase Global A is in a rising trend channel in the medium long term. Rising trends indicate that C experiences positive development and that buy interest among investors is increasing. There is no resistance in the price chart and further rise is indicated. In case of a negative reaction, the stock has support at approximately $110 dollar. This indicates...
Hi guys! This is an Update on recent Technical developments found for Coinbase (COIN). I've successfully identified the Inverse Head & Shoulders Pattern. Check out that idea down below. We have completed the Return Rally back to test Support on the Neckline. Now ive been assessing if there are signs that we continue the Inverse Head and Shoulders with our final...
Key Takeaway a. Net loss of $2 million reported for Q3 2023, with positive Adjusted EBITDA for the third consecutive quarter. b. Total revenue of $674 million, a decrease of 5% Q/Q, with net revenue of $623 million, down 6% Q/Q. c. Strong balance sheet with over $5.5 billion in USD resources, an increase of $20 million Q/Q. Continued focus on product development...
COIN Coinbase needs to take this SUPPLY out to take the high at $79.71 one break above this SUPPLY and I'll be looking for a long to break through it!
Hi Guys! This is a Technical Analysis of Coinbase (COIN) on the 1 week timeframe. As you can see we have drawn out a Inverse Head & Shoulder Pattern forming in COIN. This is a textbook pattern as it follows to the t the necessary criteria both in price action and volume. Stages of the Price Action Downtrend to form Left Shoulder The rally from Left...
Hi guys! This is a technical analysis on Coinbase (COIN) on the 1 Week timeframe. On the week of July 10th, we ATTEMPTED to try and break through the $116 ish level, which is the level where our GREEN rectangle Resistance zone begins. BUT got rejected and have been in a DECLINE for about 4 weeks including this week. Note: This weeks candle has not yet closed...
Hi, According to my analysis of coinbase stocks, there is a good buying opportunity. With the arrow out of the transverse area. The resistance level at $80 was broken. Good luck everyone
COIN is testing for pressure This chart shows the weekly candle chart of Coinbase stocks in the past two years. The graph overlays the high points at the end of 2021 against the golden section. As shown in the figure, Coinbase stock broke through the upper edge of the current fluctuation range from May 2022 two weeks ago, and confirmed by stepping back at...
Coinbase wins decision over SEC lawsuit pushing the stock here this is a big accomplishment and win for the company. With blackrock wanting to create a bitcoin ETF and coinbase being a potential part of that and Earnings coming up this can ROCKET! Short term watching for a break out of the wedge and a 59% gain up to $100. This stock was once at a high at $430
COINBASE is testing for strong pressure This chart shows the weekly candle chart of Coinbase stocks over the past two years. The figure overlays the high points of November 2021 and the golden section below them. As shown in the figure, the low points of Coinbase in May 2022 and January 2023 are both supported by the 2.382 level of the golden section in the...
If it can close a 4 hr candle above 85.65 resistance this is going to fly to 95+ $NASDAQ:COIN. You can see COIN is pushing up now 3rd time is a charm. AlsI have also noticed that if you set your pitchforks in the right place there is usually big ole FVG between the upper and lower 0.25 and the red median lines. Price tends to move quickly through this area on the...