Coinbase1 Day is candle time frame. $COIN was dipping for quite sometime and recently gave signal to buy
1QZ trade ideas
$GME Meme Basket: No ideaEnjoy the new GME basket. One stock was removed and was replaced with MARA a couple of weeks ago. I would've added APE as -APE in the formula that makes this basket, but Tradingview only allows up to 10 symbols to be combined into 1 ticker and APE is the 11'th ticker in this so...
Down to business, i have literally no clue what's going to happen.
imgur.com
Data says big downs, looks legit in my opinion. I have some reservations on what's going to happen so i'm keeping my eyes peeled.
In other news, FINV and GRAB are no longer in the data i'm receiving as of yesterday. No reason at all. I contacted TheOCC to see what's up with that.
Funnily enough, GRAB is IN the GME meme basket whilst another ticker called FIVN (Five9) is also in the basket whereas they removed GRAB and FINV(Finvolution). All timed perfectly with this auction error on open yesterday, all also timed perfectly well with when all of Opex Friday's volume was supposed to hit the tape yesterday but instead we got multiple chained glitches instead.
That being said, i have no idea where the market wants to move. TQQQ and QQQ are making huge moves in one direction whilst SPY is making big moves in the opposite direction. This flip happened before in Oct - December 2022 and now seems to be happenining again. I don't know what it means yet. I have no idea the direction we'll be taking. I need more data and more time. There's too many scenarios that could happen and it's impossible to pick the right one right now. We could start seeing volume on Friday due to yesterday's big OPEX volume having been FTD'd, we could see volume today from Monday's T+2 share settlement from option settlement... We could see T+3 share settlement or T+6 settlement into next week's Tuesday. We could see a move in around 33 days from now... it could be anything... So for now, i have no idea.
Guesstimate: Don't trade based on this. I think we'll have a short period of neutral trading as the flip between going short on one pair of Indices (TQQQ,QQQ) happens and shorts cover on SPY. Then we'll have a decent move up and then another move down. No idea about timeframes yet. This one is difficult to quantify. Obviously sideways for the market means downwards for GME, so... yeah.
Coinbase VS EthereumLooks like a pretty clear double bottom to me. I dont know the exact path or exactly how long it will take, but I expect coinbase to out preform ETH.
I also believe ETH will out preform BTC. So were talking gains that should be quite BIGLY.
Weekly bullish DIV on RSI stands out like a sore thumb.
Resistances are highlighted.
coin short more info$COIN has been stuck in a downward channel since 08/08/22. Thanks to its obvious symbiotic relationship with $BTC it is sitting at the top of this channel. Thank you jim crammer for that pump. Yet with the recent doubled top forming around this resistance of 57.33; then adding the selling pressure from the CEOs recents sales. As well as Surojit's separation, which includes a lumbsum payout as well as shares. Its time for a retest of the middle of this trend before we can see any more of a rally. With $BTC consolidating around 23k its my belief $COIN will take this time to come down for its back test. Call me a clown, but I put money on it.
Love a good channelShorting coin here, 50p with 2/17 exp. middle of channel is target around 40 dollars.
Coinbase - Topping Formation (intra Day)Coinbase is triggering a head & shoulder intra day. It has not confirmed but on the verge.
Downside takes you to $51
Chart will break out with spy easily to T1 if spy breaks upTest one if macro down trend is broken break out retest push. If not dump to the inferno long term the smiling sun
$COIN - Back to $300+ 6mBasically since early December, there's been been around $1 billion in $COIN swaps per day. Last time i saw something of this scale happen was with GME & XRT in August 2020 and again on Jan 4 2021 for the same symbols and even then, the amounts paled compared to what's being traded on $COIN.
TLDR: Buy COIN Shares or contracts 8 months out. Contracts over 6 months are preferred but less than 1 year. I expect a move to happen at around 6-7 months out from now.
The move will be in the form of "Crypto is a scam" all the whilst crypto is mooning now that FTX's leveraged short machine is gone & possibly the increase of Coinbase's customerbase due to the FTX collapse. At least that's what i think. Anyway, something's gonna happen that will be assigned as the reason why COIN pumps in 6 months. In reality it's already been traded and in progress by the big guys.
coin swing bullfrom a macro perspective, we think 2023 could be a great year for swing positions. one of the ones that really sticks out is $coin.
huge valid bull div on rsi.
just closed out the gap. this should run up for most the year.
should long and add on any dips.
Something is up!A bit too much too fast but who am I to question the Crypto Gods?
COIN has benefitted. I also heard somewhere there was an international pay-off using Crypto but sounds a bit top secret to me so I did not dig in to it (o:
No recommendation.
It can be a trifle funny when someone tries to be sneaky and the only one they are fooling is themselves.
Is Coinbase Leading Bitcoin?Coinbase had an epic reversal in todays session: a Bearish Engulfing Daily Reversal to be exact. Just like Bitcoin had a multiday rally Coinbase has had a great multi day rally.
Hitting the next support will be telling for Crypto. If we lose key support on Coinbase - Bitcoin Liquidity will likely be strained.
Coinbase needs to recapture the red trendline for any meaningful move to continue...unlikely.
Coinbase breaking out - Long COINAfter a terrible 22 bitcoin is again surging to the upside. Look for related stocks like COIN Coinbase to follow.
💾 Coinbase Global, Inc. | Cash Or Crash?Do we get cash or we get a crash?
Currently COIN is trading above EMA50 as well as above the low that was set 12-May-2022.
The whole drop between early December and early January is a liquidity hunt event.
The August 2022 downtrend has been broken.
New low hit ✔
Liquidity hunt ✔
Broken downtrend ✔
We are more likely to see cash and no crash.
Namaste.
collar on COINCan't lose from here. Hedging with options, bringing in a small income and protecting capital for the next few weeks FEELS like the best approach right now.
Coinbase Global Inc Pullback After fall of >80% and establishing relative bottom, we might see cycles like those captured in purple area.
In current scale of volatility the steep fib channels will break down the cycle into common fluctuations.
Rainbow Fib simulates demand and supply levels for estimating the reversals at particular price.
