Get started
COINBASE GLOBAL, INCCOINBASE GLOBAL, INCCOINBASE GLOBAL, INC

COINBASE GLOBAL, INC

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

COIN trade ideas

COIN - Rinse And Repeat 😨🙀COIN here having a big collapse after tagging 1:1 with overshoot along with indexes and BTC falling. I've changed my count here i think its just repetitive 3 wave counts -probably ABC (or WYZ - who cares really). I've made a retracement band for a potential low again but today's momentum candle is enormous - down 15% already. And so I think perhaps similar to the previous accumulation WAAAAAY up it did a similar thing and broke out only to re-test the lows. And so I will be looking more to BTC and NDX to try to gauge a re-entry from here. That said RSI should get down to 20s, anything below will probably be a good buy. Nat advice.
NASDAQ:COIN
by dRends35
2
Earnings watch 5/10Earnings watch 5/10 COIN LI RKT WKHS NCLH OXY SOFI MTTR BHC WYNN Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
NASDAQ:COIN
by Options360
21
Coinbase: returning to key supportCoinbase Short Term We look to Sell at 63.59 (stop at 70.72) The primary trend remains bearish. We are assessed to be in a corrective mode higher. A move higher faces tough resistance and we remain cautious on upside potential. Preferred trade is to sell into rallies. Trading volume is decreasing. Our profit targets will be 45.94 and 41.01 Resistance: 63.00 / 78.00 / 163.00 Support: 53.00 / 50.00 / 46.00 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:COINShort
by Saxo
1
$COIN: Expecting Further DownsideMy count on $COIN has it going significantly lower. From its inception, the pattern appears to be corrective, and should need to see further downside in order to complete cycle (yellow) c, at a minimum. That will not ensure that the pattern is complete, however, as that itself may only be the first leg of an even larger 3-wave structure, but we will have to wait until we can try to make that assessment. The target posted is based off of a fib relationship that I expect to see at a minimum for the next leg down.
NASDAQ:COINShort
by CHTradingGroup
COINBASE, when you taunt the SEC one too manyNASDAQ:COIN Hi friends, Today was a Good Day! At the beginning of this month I went on an adventure, I've done my due diligence on Coinbase. An exchange I love, It was a first legit crypto exchange I used back in 2013. Our relationship was great, coins went in cash came out. ____________________________________________________________________________ I decided to flex and did a bit of financial evaluation. ____________________________________________________________________________ My Idea on July 4th - Coinbase *checks papers* overvalued, yielded a great Long towards the resistance. Consensus was simple, I would like to see Coinbase trade closer to its Tangible Book Value, a range of 35.22 to 23.48 July 20th Idea - Coinbase Rumors with some News sprinkled on top. I was still in an active trade, targeting 70.3 and seeing where it goes from there. I've presented a timeline of what I believed were signs of trouble at Coinbase. July 22nd Idea - COINBASE What happens to a dream deferred? With my Long trade completed, I've reassessed my targets and prepared to Short. Targeting 63.5, and 53.5 if all went well. For a few days the price cruised along the upper channel wall. And then I saw THE NEWS! Coinbase taunts the SEC, and next day they're under investigation. As Short signals go, that was a pretty solid one. Today both Targets hit, the price currently sits near 53.5. Best case scenario, I see the price reach my Tangible Book Value range sometime around August 9th. _____________________________________________________________________________ I invite you to checkout my other three Coinbase ideas, linked below. If you found any of this interesting, please leave a like/comment. Thanks! WhoIsWu
NASDAQ:COIN
by WhoIsWu
RectangleNeutral pattern until a trendline is broken with a confirmed trend in that direction. Targets in white are for a break to the upside and orange targets are below the structure and are targets to the downside. No recommendation. Short is 22.57%. Some feel anything over 20% is a bearish sentiment. I do not like going long if short is even 5%. Call me chicken (o: But I do go back to look at the chart and figure out why short interest is so high sometimes. I will look for the pattern or patterns causing the high short interest or the news in case of bad news I am unaware of. From what I read, analysts are bearish on earnings on 8-9 AMC. EPS (FWD) -2.32 PE (TTM) 7.24 Div Rate (FWD) - Yield (FWD) - Short Interest (high short) 22.57% Market Cap $14.89B
NASDAQ:COIN
by lauralea
2
COINBASE What happens to a dream deferred? Part Two of the Qualitative and Quantitative NASDAQ:COIN analysis. Quantitative My updated levels for Coinbase are 63.5 and 53.5 , these are support levels and potential Short targets. I added the 105 level for balance, Long target but I wouldn't hold my breath for it. Tangible Book Value Range is still the same: 35.22 to 23.48 Net Current Asset Value: 11.48 The price has reached an upper wall of the channel I traced from around November 2021. Considering the volume Coinbase trades with, I think it can easily break through this wall, whether if I think it should is another topic. I've linked my previous Coinbase ideas below, if anyone is interested in previous levels. Qualitative I will list the events and at the end make a conclusion as to why this Qualitative analysis matters, and how it should affect the NASDAQ:COIN price. Coinbase in the news, July 21 July 21st 2022 - Former Coinbase product manager charged with tipping off co-conspirator about tokens that were about to be listed on the exchange. This is commonly known as insider trading . Link to the official Press Release is attached below. www.justice.gov This was originally brought to light by a Twitter user Cobie, on April 12th 2022. Brian Armstrong, the CEO of Coinbase in a twitter thread has revealed that since April they've investigated the alleged misconduct and provided the information to law enforcement. Happy ending, Coinbase did the right thing. Investigations take time, especially when multiple agencies are involved, if anything the timeline from April to July 21st of Investigation to Indictment is very quick. For those of us following the crypto industry, often hear the word Regulation , we understand it's just a matter of time until the industry gets regulated. It is funny that Coinbase in doing the right thing and reporting insider trading, led to the SEC officially naming several Coinbase listed tokens as Securities. What will this result in, I can't tell. I linked the official SEC Press Release below. Tokens Affected: AMP, RLY, DDX, XYO, RGT, LCX, POWR, DFX, KROM Regarding the DFX and KROM tokens, they do not show up in Coinbase symbol search, I assume they're no longer listed. www.sec.gov Conclusion Coinbase has been struggling with financials, looking at the chart, it is clear that a lot of value has been lost. But, Coinbase has also done a lot to optimize it's operations since last quarter. Earnings Report is on August 9th, and I intend to read through the 10-Q. Coinbase listed tokens being named as securities in the SEC report, SEC has mentioned before that currently it does not consider BTC and ETH to be securities, this might change. I anticipate Coinbase will revise it's listing framework, stricter rules, stricter due diligence. Either way, short term effects will be clear when the market opens today. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
NASDAQ:COIN
by WhoIsWu
COIN - Corrective PA Before Breakout 🧑🏻‍🚀Since COIN pump yesterday it now looks like the bottom is in and it may be printing a descending wedge before the trend reverses to the upside. Both B waves of AR Automatic Rally and within the wedge look like corrective reaction to dumping, but yesterdays pump looked impulsive not reactive - again indicating reversal. Bullish RSI divergence since potential SC Selling Climax. For the potential E wave it is common that they do not retrace back to the trendline due to upward momentum shift. Also NDX index looks like it can rally into a hard bounce any day now. I had already begun buying before yesterday's pump and will continue to buy this area. Not advice.
NASDAQ:COINLong
by dRends35
25
Coinbase Rumors with some News sprinkled on topNASDAQ:COIN I wanted to combine simple technical analysis with tangible real world events. S/R with some short term targets and a parallel channel, is as basic as chart analysis goes, for me personally it is enough to come to a conclusion and plan the trade. Recent history (in the crypto market) would suggest there could be trouble ahead for Coinbase. I picked a few events which show how Coinbase is attempting to optimize, consolidate, cut cost and find extra revenue stream. Summer et al, timeline of news (and rumors) about Coinbase: May 10th, 2022 - Coinbase adds new language to Form 10-Q regarding bankruptcy June 2nd, 2022 - Coinbase rescinds already accepted job offers. Amy Castor wrote a great post covering that event. June 14th, 2022 - Coinbase lays off 1100 employees. CEO and Cofounder Brian Armstrong shared an explanation on Coinbase Blog. June 29th, 2022 - FOIA (Freedom of Information Act) request reveals that Coinbase has been providing ICE with blockchain analytics tools. July 15th, 2022 - Leaked email reveals Coinbase plans to shutdown its affiliate-marketing program. I purposely do not comment on the timeline, as all of us will interpret it differently, might be interesting to see the comments. I don't believe that it's unreasonable to tread lightly while trading Coinbase, although there are plenty of fish, maybe I'll just trade something else and see how this story develops. This is my Thesis, targets are purely hypothetical based on my analysis. This is NOT Investment and/or Trading Advice. Happy Trades! ❤️ If you enjoy my ideas , Please like/comment , It means a lot, Thank You! ❤️
NASDAQ:COIN
by WhoIsWu
Coinbase: Ready to COIN it?Coinbase - Short Term - We look to Buy at 64.00 (stop at 54.64) Price action looks to be forming a bottom. Broken out of the triangle formation to the upside. Dips continue to attract buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 64.00, resulting in improved risk/reward. Expect trading to remain mixed and volatile. Our profit targets will be 100.00 and 149.87 Resistance: 83.32 / 100.25 / 150.12 Support: 64.09 / 50.34 / 44.15 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
NASDAQ:COINLong
by Saxo