COIN - falling wedge breakout? Price is coiling now from the demand zone...11 EMA yet not claimed, but should be on watch if the range continues to tighten. first target would be 82...stop loss 64. Longby CheelooTraderUpdated 221
Another reason I don't buy IPOs - COINAlso adding to this name at these prices. I dont remember who said it, but there was a remark that buying exchange stock was a bet on the entire crypto economy, and I'm bullish on bitcoin and some select cryptos, so I've been adding here. Could it go to $30? Sure, but I'm in this to hold it for at least 10 years, so these are bargains I have been waiting for since the last crash in 2008. Unfortunately I was leaving Uni in 2008 and couldnt find a good job until 2011, by then the market had already recovered. I would like to thank all the paper hands for dumping tech stocks, us diamond hands are buying your weakness. good luck, not financial advice. Longby Tiger_Style333
Dun sell your house to go all in for COINThe story out there is with the forthcoming rate hikes, investors are likely to gear towards higher yield returns like stocks or REITS over alternative investments like Crypto. Now, if you read this article here , you would realise the majority of the buyers are the young millenials over the Gen X and/or baby boomers. And based on my empirical research on the people I know here or pouring over financial blogs, most who dabble in cryptocurrencies are in this age range too. For me, I will dabble a mere 5% of my total portfolio into this asset as an exposure since I am more into BTCUSD and ETHUSD. There are way too many alternative coins out there for me to keep up ,haha. All the best to this trades !Longby dchua1969Updated 225
Coin-baseWe have to buy coinbase,because the market just end his correction phases so we continue buyingby Boukhari_Abdallah4
A Somewhat Bullish Outlook On Coinbase?Good Day To The Investing World Hold on to your coin, because, with Coinbase already taking a somewhat sharp drop, we may expect a correction right after. In addition, we have introduced the bounce square to indicate when the price shot back up, so that YOU can invest at the perfect time. Thirdly, the gradually narrowing top and bottom price lines, which are indicating a future breakout. Of course, all of this, sums up the Zacks Rating of #2. As always,Shortby Audace_Club_de_Automobili6
COIN 60PExpecting $COIN to reach 50 by next week. Technical analysis in chart above Shortby StavrosK113
Coinbase IdeaI truly believe COIN is a long-term buy. I even added it to my Market Avengers portfolio (follow the link in the profile for details). However there is no divergence on RSI which makes me cautious (red scenario). At the same time there is such a nice Island Reversal pattern which looks even more compelling in anticipation of the broader market bounce. Opened small position to test waters. But ready to close it before the price goes lower one last time. by FomenkaUpdated 6610
COINBroke down out of the triangle & broke below VWAP from the lows today today. Now retesting these levels. Short against $63 is decent r/r imo.Shortby Essendy333
COINNasty couple of hours in cryptos, although BTC is still in its range. Here's what I'm watching for on COIN. Forming a nice triangle pattern. Looking to play the break.by Essendy2
COINBASE BULL PENNANT FOR 2X?Coinbase appears to be forming a bull pennant. Confirmation would be a break of the upper resistance. This could drop down and form a flag, which often happens when you have ascending support. Target, depending on if/where breakout happens is about a 2x. Gaps to fill all over the place, including just below $100. This also had major capitulation volume of off the lows and a monster reversal candle. I have been dollar cost averaging into this since $300, so I am obviously under water. My premise is that mainstream adoption of crypto is inevitable and that Coinbase is the likely to benefit the most. Longby ScottMelker116
COIN Trade IdeaLong here or at bottom of trend line. Take profits at Gap Fill or if modest take profits at top of trend line and wait for a break to the upside for further confirmation. Longby StayoA12
Its rebound time kids...My girlfriend saw a purple peacock in her dreams. The ultimate technical indicator... The peacock.. Lets talk.... So crypto is crashing, and will probably go to 15k BTC. The stock market is probably weeks away from finding its bottom. (double correction since 2020 ) Remember kids a fast correction, gives a fast comeback. Lets continue... So all the shorters had their day, and its now come to an end. Now we see 2x leverage long ETFs being created to long ARK. Now... Crypto is scary... Just look at luna... Therefore, a safety haven for crypto to access the same mirroring of volatility and gains but having protection, is....... $coinbase. Just watch what happens, in the next few months, Thankyou and goodnight... And thankyou Mr Peacock. Longby The_Master_443
Long Coin base, first target is $150volume give me a very clear signal.Long Coin base, first target is $150Longby xyxfreeman15152
COIN - Every beginning is difficultWho would have imagined that Coinbase's IPO would end in such a disaster? NASDAQ:COIN To be honest, most investors probably expected more from one of the largest crypto exchanges in the world. Since last April, the stock has fallen nearly -65%, a painful loss. Nevertheless, we at Mendenmein Capital see great opportunities in this company and would like to highlight the stock from an elliot wave theory perspective. From a fundamental point of view, some factors negatively affect the stock. Some analysts estimate that in the worst case Coinbase will only post marginal profits this year or even end 2022 with a small loss. Various competitors such as Bitfinex or FTX were able to record large increases in users in the past year, compared to Coinbase, they offer more competitive comissions and trading rates. At its IPO, Coinbase was also a slightly overvalued and the issue price of $381 was definitely too high at the time. Large investors also saw it that way and the stock came into massive distress due to increased short interest. However, Coinbase has announced various investments and changes in recent months that give hope. The company is investing heavily in the market around NFTs, wants to offer derivatives in the future and is expanding its cloud as well as staking offerings. The management aims to diversify their income streams so that other inflows are established in addition to the revenue generated from trading by its users. The company has also announced that it will continue to invest heavily in this year and the next, with investment amounts expected to reach several billions this year. The future will show if and how Coinbase can maintain as well as expand its growth. Technical explanation of the Elliot Wave structure: From a technical perspective, the stock is very interesting and formed a clear ABC pattern. Since November, the stock has been in a severe downtrend in which a total of 5 different downward 1-2 wave setups have formed. These different impulses explain the rapid sell-off of the stock. Our analyst team currently estimates that the correction could be over in a few weeks. Currently, the price has completed the orange impulse and now based on the turquoise wave (4), a surge towards $180-$190 is now very likely. Depending on the volatility, the stock can advance further in this upward correction. Subsequently, we expect a final but harsh sell-off within the turquoise wave (5). The final target of the correction is difficult to estimate, but a final drop towards the region around $115-$90 is realistic. In the long term, the selling volume in the weekly chart will slowly decrease and the MACD can be used to determine a possible trend reversal. According to the elliot wave method, it is quite possible that Coinbase will reach new all-time highs and prices of $600 in the future. Despite all this, caution is advised in Coinbase for the next few weeks, we will inform investors about future price movements. Disclaimer: According to legal regulations, Mendenmein-Capital is not a certified or legally recognized financial advisor and any transactions based on published content are at your own risk. Mendenmein-Capital cannot be held liable for any losses whatsoever according to the legal regulations in it's country of residence. =============================================================================================================== If you have questions related to a specific stock or the Elliot Wave theory, feel free to contact us.Longby Mendenmein-CapitalUpdated 7725
COIN - Tough times!Dear subscribers After our last analysis on Coinbase NASDAQ:COIN , which was published on 04/19/2022, the company's stock fell from $150 to $40. At that time, we pointed out the risks in coinbase and warned traders to not invest in this stock. Originally we expected a drop to $91, however coinbase corrected even lower to nearly $40. After this horrific -57% loss, we would like to inform subscribers about our expectations. "We would like to point out that Mendenmein-Capital does not hold any positions in coinbase and did not recommend investments in this stock in our last article" However our analysts are watching the stock very carefully and if we choose to buy into coinbase we will announce it here! Coinbase's quarterly report was disappointing for most investors and our analysts don't find anything positive in it as well. Compared to the same period last year, CEO Brian Armstrong disclosed that fewer investors used coinbase's trading platform compared to last year. Additionally the revenue dropped to $1.17 billion, this was a suprise because coinbase managed to be profitable in the same period last year. Finally coinbase originally planned to make a profit of $3.05 per share, but the quarterly report showed that investors will have to suffer a loss of -$1.98 per share! These disappointing results prompted rumors of a possible insolvency of the company and worried investors further. However, the company's CEO Brian Armstrong announced via Twitter that coinbase wouldn't be at risk of such a disaster. The only positive news in Coinbase is that Director Frederick Ernest Ehrsam III made a massive purchase of $50,000,176 worth of shares on 4/13/2022. This suggests that the company is better off than the public assumes after all. Watching the behavior of insiders is always very important when it comes to analyzing companies and should not be ignored! Technical explanation of the Elliot Wave structure: The selling volume in coinbase has caused the price of the stock to plummet to incredibly low levels. A few days ago, the stock hit a temporary low at $40 and has since recovered slightly. However, this move suggests that this was not yet a sustainable increase and our analysts expect coinbase to slip below $40 again . A final turquoise wave (5) will therefore bring us to a new all-time low and from there on an investment in this stock must be carefully evaluated. According to our trading strategy and the Elliot wave theory, a wave 3 should then begin, which should bring us back to prices above $200 and more. =============================================================================================================== Longby Mendenmein-Capital3329
COINBASE and its unique signalCoinbase (COIN) has been trading within a long-term Channel Down ever since its November 09 2021. It is trading both below the 1D MA50 (blue trend-line) and the 1D MA200 (orange trend-line). Even though the 1D RSI rebound below the 30.000 oversold levels, resembles the Lower Low January 28, it is the MACD that offers the best tradeable signal. As you see, every time the MACD on the 1D time-frame makes a clear Bullish Cross, the price rises. Those short-term rebounds have been +11.70%, +20.26%, +23.00% and +28.50%. Our suggestion is to wait for the bullish cross and then buy for at least a +11% rebound. If contained below the 1D MA50, the Channel Down will remain valid. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------by TradingShot4434
Gap fill btw 58 and 61?Should or will it fill? Not too sure about the TA on gap fills, does anyone have any input on this?Longby pizzacryptoman551
COIN >67 to 75. Buying calls if price stays over 65.I like RSI and stochastic setup on the 30min chart for a move higher. This requires RSI to stay over 50, Bitcoin to move towards/over 32k, and markets generally to see more buying. Directional selling has been high on the daily and there was an island reversal at bottom. This looks promising for price to move out of sideways consolidation (on 30min chart) up towards 81 (daily 10ema). On the 30min chart, over 67 gets stock over volume shelf resistance. As I write this SPY broke over Friday's high and $NDX is trying to turn green. Depending on the close, I may close this as a day trade or hold a few overnight. I bought weekly 70 calls.Longby OptionsRising1
Coinbase: Lawsuits over 'stablecoins'!!Coinbase Short Term - We look to Sell at 79.05 (stop at 97.30 ) 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. Further downside is expected. Our profit targets will be 30.50 and 25 Resistance: 70.00 / 75.00 / 80.00 Support: 65.00 / 60.00 / 55.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre. Shortby VantageMarkets4
COIN COINBASE heading for 50/51 coinbase on NasdaqCOIN COINBASE heading for 50/51 coinbase on NasdaqLongby XDataAnalystUpdated 661
Luna comeback baby. Hello- this is mainly to test how mobile phone ideas render on TradingView l. And this PA is sexy.Longby SKYLOBSTER115
I've had the same conversation every day this week...Diversifying from crypto... you're doing it wrong.by norok7723