COIN trade ideas
💾 Coinbase | They Are All The Same +Altcoins, Bitcoin & SPXWe already looked at Tesla (TSLA) and you know these things, they are all the same.
What one does the rest follows... Let me show you!
The ATH/Peak price was hit early November 2021, exactly the same as Tesla.
The first low was hit late December and a lower low 6-January 2023 by just a few points, exactly as Tesla.
And today we have a strong bounce where the candle gaps up (a rising window), the same as with the Tesla stock.
Also the SPX, the NDX and the rest of the market is going through the same... Exactly the same.
So expect COIN to also grow but we don't know by how much.
We can make some speculation based on the data coming from hundreds of charts.
There will be retraces and corrections, there will be shakeouts, red and green candles... Nothing moves in a straight line.
As a general view, we see these markets going green at least for 1-2 months... This can be extended a lot but we go step by step...
Thanks a lot for your support.
These are stocks, for cryptocurrency, I have a much better picture of as to how things will develop.
Most of the Altcoins already hit bottom.
Bitcoin, Ethereum, Cardano, Dogecoin, Binance Coin and the rest of the major altcoins are entering a bullish wave... How this bullish wave develops will tell us what comes next.
But we are looking at 1-3 months of bullish action, in the least first... And even though we are talking about these assets as groups, we look at each chart separately, one by one.
Things start to pick up mid-January.
Things speed up after 22-January.
The news and events the market will create to match what we see on the charts.
For example, China is opening up.
The fake CPI numbers and such will come out "good" or "better than expected".
The FED makes some "positive" statements so on and so forth.
As I mentioned on the latest SPX Update, the FED will change their stance sooner than expected, some type of u turn, but it will be a surprise of course. Not necessarily tomorrow but Q1/Q2... That's just my opinion, feel free to share yours in the comments section below.
Thank you for reading.
Thanks for the boost, thanks for the comments, thanks for the follow... Thanks again for the continued support.
Namaste.
Right Now 1500.00 bullish prediction buy the low quicklyI believe this will happen suddenly before March 1, 2023 and as early as January.
The sudden shock to the crypto markets in 2022 is coming to an end and a new beginning
is upon us. The markets will consolidate after the next lower low but money will start pouring into coinbase increasing
the holdings and value of the company. Everyone will be preparing for the bottom of the markets
and the people buying the share prices at 34.00 will gain massive profits toward the next crypto bull market.
This is where you earn extra cash flow for the pending bull market for crypto. Plan it out and good luck
Coinbase: RUN! Cathie Wood just BUY THE DIP! Last chance to SELLHello my friends, today I wanna share you some conclusions about COIN.
Technically COIN just break previous low $40.83 level.
Currently the price bounced from previous low and resistance level.
At the moment COIN is continue falling.
Though the market is in a downtrend but I think there's a counter-trend bounce to COIN.
I expect that price can make a little correction to the support level $30 and then start to raise.
I set up my first target at support level $30.
And I think COIN will raise to the previous low and resistance level $40.83 and start to fall.
So I set up my second target at previous low and resistance level $40.83.
Then, I think price will break support level and go lower.
This is my opinion, I really hope it will be useful for you.
This is an article not financial advice, always do your own research.
And please don't forget to support this idea with your like and comment, It means a lot to me, thanks.
Be prepared and save your money. Make big profits!
Happy trading!
Nothing about this looks bullish to meI don't see anything in the chart that makes me want to buy Coinbase. If it broke above $65 in a larger time frame it might be a good trade. But, until then, i think lower.
COIN at an accumulation spotZach J said "COIN published their proof of funds" and people feel better about it. Also, they have "survived" all of the debaucheries in the industry and sector. I have said for a LONG time, this is one of the 'few I trust' and one of 2 I have ever put $$ into. This and Kraken... :-)
I have accumulated the whole time we have been in the golden boxThere are roughly 45 million shares of coinbase sold short right now, average daily volume appears to be 300k shares. Good luck closing your shorts boys.
Prisoner dilemma in effect. Shorts should all co-operate, but instead they will look out for their own best interest. the ones to close first will lose the least, and this will cascade into an epic squeeze.
I have to thank these guys, for giving me such low prices on this beautiful stock which will be making money hand over fist with LSD's / USDC / NFT / DEFI / Trading fees.
Its been difficult to stay the course, but it should all be worth it soon.
Thanks you everyone for reading, and happy new bull year.
COIN will dump- short it now Coinbase stock is ready to drop .
Stoch indicator shows an overbought conditions.
The price faked out a little bit above the resistance trendline, but it got rejected from an upper boundary of the Bollinger bands.
Expecting a nice drop.
Target: 31,40 $ which would be a lower boundary of the BB.
Good luck
coinbase seems like a great long term investmentat any rate the odds we come up to fail the $36 region, set a higher low and move higher seem likely. monthly is oversold diverging.
Coin (Coinbase)Ultimate target around $16 (IMO)
Fib 1.618. + target of the pole (Bear)
Time will tell
And like always what a lot of people are forgetten.
PATIENCE IS AND WILL BE THE KEY
COINCOIN has already hit its all-time low a couple weeks ago, there is a gap fill from Pre market of the 28th, I expect that to fill but not right away. If we hold above YC then I want to see us test yesterdays high. If we can hold above yesterdays high then my targets would be 36.73, 38.03, 39.31. If it doesnt hold yesterday's high could potenital play puts from YH down to YO(first take profit) YL(second take profit). If we see a sell off and then I would want it to hold below YO then looking for YL for first take profit, then I would want to see the gap to fill.
December Gainers (COIN, account up 1%)1st gainer in December is COIN . Holding period is 0 days (12/20/22-12/20/22). Account up 1%.
This month till today, my account is up 1%, average holding period is 0 days.
My trading method is mostly short term and is independent of market swings.
Will keep updating on my trades.
Coinbase - small bounce before the dump (1h timeframe trade)The price moves in the channel .
At the moment the double bottom pattern on 1h timeframe is valid and we expect the push up towards the downsloping resistance line . After that, we should see one more dump before we reach 'aggresive' target from Head and shoulders that we identified some time ago:
Conservative target was already reached.
You can long it now or short it at the resistance.
Targets are shown on the chart
Good luck
COIN - Day ChartBullish Indicator:
1- Morning Star
2- Established Support @ 32
3- Trendline Broken
4- AB = CD
5- Timecycle for a downtrend is almost 24 days
6- No Divergence formed
Coinbase stock will follow Bitcoin?Bitcoin broke the key level which it held for many months.
Yesterday Coinbase´s price bounced from the key support however we expect that Coinbase stock will follow Bitcoin´s path therefore getting rejected from the resistance (red line) wouldn´t be surprising.
According to technical analysis, support which is tested more times is more likely to break down.
If the price retests the support at 45 $ again, we believe that it will break and from there the price will drop to $16 - $ 20 which could be a bottom. It´s also a 1,618 fib extension.
Sentiment in cryptocurrency market is mega bearish therefore it´s likely that coinbase´s price as a crypto firm will continue decreasing.
Stay safe.
"Cryptocurrency Turmoil: The Ups and Downs of Coinbase and Other"Cryptocurrency Turmoil: The Ups and Downs of Coinbase and Other Digital Asset Companies"
Coinbase is a company that helps people buy and sell digital coins called cryptocurrencies. It became a public company in April 2021 and was worth a lot of money at the time. But lately, the value of cryptocurrencies has been changing a lot and it's made it hard for Coinbase to make as much money as it used to. Another company that helps people trade cryptocurrencies, called FTX, had to close down because it was having financial problems. This made people worried about investing in cryptocurrencies and caused the value to go up and down more than usual. Some people try to make money by betting that the value of a company's stock will go down, and they're called short sellers. They've been trying to make money by betting that Coinbase's stock will go down, and they've had some success because the stock has gone down a lot this year. Other companies that are related to cryptocurrencies have also seen their stock go down and have had more short sellers trying to make money off of them. There is a tool that helps people see how much demand there is for borrowing a company's stock to sell it, and it's called "utilization." Utilization for Coinbase has gone up recently because more people are trying to borrow its stock to sell it. Short sellers have to pay a fee to borrow the stock, and this fee has gone up a lot for Coinbase recently. There are also other companies, like MicroStrategy and Marathon Digital Holdings, that have seen their stock go down and have had more short sellers trying to make money off of them. The fees to borrow their stock have also gone up.
COIN-New 52 Week Low!COIN recently made a new 52 week low!
A descending triangle pattern was identified on the daily chart. Price broke below the lower trendline of the pattern.
Also, a falling wedge pattern was identified on the one hour chart. COIN traded in a tight range Friday and closed in the supply zone .
MrALtrades00
Coinbase comes in at $30 🐻❓🐂 On both the weekly and daily charts, the Stochastic Momentum Index (SMI) oscillator is in an interesting buy region.
📈 Daily chart:
On the daily chart, there was a 🐻🔫 bear trap signal.
I think a possible target is at $41.89.
In this troubled region marked in the yellow rectangle, there will be a window of opportunity for 📉 shorts, with a target of $30.
⚡Volatility contraction
📈 Weekly chart:
📈 Daily chart:
The 21-period normalized ATR indicator on both the daily and weekly charts is showing a contraction in volatility.
Touching the 21 average with the possible breakout could signal a strong move, independent of direction.
Coinbase - head and shoulders pattern (NEW)What we can see on the chart is a potential head and shoulders pattern forming.
Currently the price might be forming the right shoulder.
If this pattern were to form itself fully , we will be looking for a break down with a volume surge.
The target from this formation would be around $32.
If you enter short position, remember to put a stop loss which could be placed above the head of the pattern.
Now let's see what we're gonna get.
Good luck
COIN Coinbase: Where Is It Headed?Hello friends, today you can review the technical analysis on a 1D linear scale chart for Coinbase Global, Inc. (COIN), a stock traded on the Nasdaq exchange.
Please review the chart as it is self explanatory. The overall pattern is a bearish one so there is concern for potential downside.
Also noted in the chart: Volume, Support and Resistance Lines, RSI (relative strength index), MACD, and Fibonacci Retracement.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Have you read my recent Bitcoin chart and analysis on finding the bottom. See below:
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
COIN 1D Chart - At ResistanceToday you can review the technical analysis idea on a 1D linear scale chart for Coinbase Global, Inc (COIN).
Coinbase price is around the major support and resistance line and has the possibility to head lower. Price target is $17-19. If price moves higher, it could go as high as $85-87. I am not confident of the price heading much higher. Including in the chart is Volume and Keltner Channels.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
