Coinbase Bullish Parabola and targetIt seems lofty, however the pattern measurements are showing us a target of around 700. Should the parabola fail, we may have a different path to get there
COIN trade ideas
Market Crash - COIN Ascending WedgeI had been bullish on COIN along With BTC, but COIN now looks quite bearish to me after have a promising looking bull flag breakout. The bull flag breakout is still valid for now. However, this rejection at the top of the ascending wedge and response to the spike in yields looks rough. Bulls will need to hold the $236 area or COIN will continue falling with BTC.
$COIN looks like a good short hereI know everyone is bullish crypto, but the NASDAQ:COIN chart doesn't look that hot.
You can see that price moved up over the trend line, formed a small timeframe head and shoulders, broke down, and now has retested the trend line today.
I bought some puts before market close.
Before we move higher, I'd expect price to come down to touch the lower support levels before we see any sustained move higher.
Let's see how it plays out over the coming weeks.
COIN - Increased Probability of AppreciationAlignment and approach of Fibo Clouds signal increased probability of appreciation
Risk/Return 3
The realization of 50% of the capital in the first target with the immediate raising of the stop loss line for the entry position, authorizes the search for subsequent targets with reduced risk
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Weekly Coin chartThis is the weekly view of my daily chart I posted earlier. The momentum is clearly very strong and after that bounce off the EMAs, coin is pushing against a resistance here. All we need is a little pop from BTC. Thursday is historically the least volatile day for BTC so I do not think it will happen after market today. A retest of the teal fib before another push would be better long-term.
-We already hit my first target of 250$
-My second target remains 279$, I think we see this in less than two weeks
COINOne other note here on COIN
Look at how closely it mirrors ETHUSD
It still needs reprice higher to mirror ETH ETF approval God candle, which implies that it runs up to March swing highs around 280 as soon as possible
Pre-ordained Coinbase predictionGo go go. Electromagnetic force analysis.
Coin is made of metal.
Attracted to magnet.
Bull Trap. The cheese must be good. $136 - $115 TP.NFA. DYOR.
We are in a distribution phase. TP and buy zone set out $136 to $115.
Coinbase - One round of UTAD NASDAQ:COIN is looking at a potential distributive upside to form UTAD and I'm taking advantage of it, especially after it break out of the bullish flag. Buy at spot at 209 or support at 172.98.
COINRan 618 of the whole move and pulled back to really good support at mid of the whole move. 2 months or so of reaccumulation. Today's reaction at mid appears to be beginning of markup through third quarter and 346/357 gaps above, likely new highs thereafter, though it may need time to cool once 346/357 gaps fill before new highs.
Also, check the w1 stochastic rsi reset and how similarly it's shaping up to q4 2023 and q1 2024
(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.
COIN bullish with BTCIf BTC hits new all time highs, I want COIN Calls. Looking strong above resistances and could really pump on the next BTC move
IMO - Only Thoughts
Coin - LONGThink theres value here in this sell off. Bitcoin has a ton of bullish catalysts this year. This is a 50% retracement of this move upward. I am a dip buyer here tomorrow morning.
Targeting $220 area.
Coin poised for upward moveCoin is contracting heavily on this inflection point for BTC. I fully expect this stock to rip through the teal momentum trend. I expect the super trend to flip bullish very soon as well. A strong bounce off the 20 EMA on a body, and 50 EMA on a wick signals market expectations are bullish. The stochastic allowed a small breather before this move.
-260$ by end of week if my BTC thesis plays out
-Medium-term target remains 274$
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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Small Account Challenge Day 15 Update - SPY QQQ SLV GMEToday started pretty well, but ended up with a small red day all said and done. Still have quite a bit of risk on going into tomorrow so we'll see how it goes. I'm remaining bearish until ES breaks above 5300.
Long in $COIN
After hitting annual highs, the value has corrected with a decrease in volume and correcting a bearish divergence in RSI. At this time, the short-term bearish trend has already been broken and we have a positive signal with the crossover in the Stoch RSI, which is in oversold territory.
For its part, Bitcoin looks equally good technically and the on-chain indicators show us that there is probably a good path left in the bull market.
COIN Alternative View - Massive Move IncomingA different chart from what I posted earlier for COIN, there's always several different angles. But one thing remains the same, this chart also looks incredibly bullish. I expect COIN to be a top performer in the next 2-3 months if BTC and NQ continue to rally.
If it can break above $286, COIN is over $100 away from my next target at $368.90 and over $200 away from ATH. I think it may take a while for ATH, but I do think the $368.90 level could be hit this year, and relatively soon. It depends on what NQ and BTC do, but I expect a breakout like this to lead to an extended rally over the course of 2-3 months at least.
COIN Bull Flag Breakout & Ascending WedgeCOIN made a big move up after finally breaking out of a bull flag it had been forming for months. It has pulled back recently, but I expect that to be a minor down trend. It's just a matter of how long it consolidates before moving higher IMO. This will be one of my top picks for a long if the market continues higher and BTC makes it's way to $100k. If the breakout fails, I have included a bearish path as well.
COIN COIN COIN! I've been posting a lot about COIN as this thing moves heavily and offers excellent swing opportunities if you're careful and are taking profits along the way.
This short trade was quite obvious to me considering the tapering of orange and the recent major upswing from $195 --> $250 in a matter of weeks.
Will be looking for a bounce at bottom of orange/teal.
Happy Trading :)
COINBASE LOOK NICE!Coinbase Global, Inc. (ticker symbol: COIN) is one of the largest and most well-known cryptocurrency exchanges in the world. Founded in 2012, Coinbase provides a platform for buying, selling, and managing various cryptocurrencies like Bitcoin, Ethereum, and many others.
Key Features and Strengths
User-Friendly Platform:
Coinbase is known for its easy-to-use interface, which makes it accessible to both novice and experienced cryptocurrency investors.
It offers a range of services including buying, selling, trading, and storing cryptocurrencies.
Wide Range of Cryptocurrencies:
Coinbase supports a large number of cryptocurrencies, allowing users to diversify their investment portfolios.
The platform regularly adds new cryptocurrencies based on user demand and market trends.
Security Measures:
Security is a top priority for Coinbase. The platform uses a combination of hot wallets (for frequent transactions) and cold storage (for long-term holdings) to protect user funds.
Coinbase also offers insurance for digital assets held on its platform.
Regulatory Compliance:
Coinbase is one of the few cryptocurrency exchanges that is fully compliant with U.S. regulations. It has obtained licenses and follows strict regulatory standards to ensure the legality and safety of its operations.
Coinbase Pro:
For more advanced traders, Coinbase offers Coinbase Pro, which provides additional trading features, lower fees, and more in-depth analysis tools.
