COINCOIN gravitating towards its range mid in after hours Seems most of the move priced intraday I think this can run highs at 130s sewn, BTC willingLongby jhonnybrah1
Coinbase (COIN) Surges. Will it Surpass Expectations?Introduction: The stock price of Coinbase (COIN), one of the biggest cryptocurrency exchanges in the world, is making waves today with a remarkable 7.3% surge in anticipation of a crucial earnings call scheduled for 17:30 GMT-4. This event has captured the attention of traders and investors, and as the world watches, the burning question is whether Coinbase can beat the high expectations set by the market. Earnings Expectations: Market analysts are projecting that Coinbase's Q3 earnings report will reveal revenue of approximately $653 million and earnings per share (EPS) of -0.54. These numbers are indicative of both the potential and the challenges that lie ahead for this cryptocurrency exchange giant. Q3 Market Dynamics: Q3, unlike the previous months of July and August, was a relatively quiet period for Coinbase, with the crypto markets experiencing subdued activity. However, September marked a significant turnaround, with volatility levels rising notably. This shift in market dynamics could have a substantial impact on Coinbase's financial performance for the quarter. Custodian Role in ETFs: One intriguing development for Coinbase is its role as the custodian for all the bitcoin spot exchange-traded funds (ETFs) in the United States. This new responsibility presents exciting opportunities and potential growth for the American exchange. As the adoption of cryptocurrency ETFs continues to gain momentum, Coinbase stands to benefit significantly. Market Conditions: Furthermore, the broader stock market is also on an upswing today, with Nasdaq gaining 1.4%. Simultaneously, Bitcoin experienced a notable spike, briefly reaching $36,000 before encountering a slight dip. These positive market conditions might be contributing to Coinbase's impressive stock price performance. Comparative Performance: In the context of the past month, Coinbase's stock price has risen by a respectable 10%. However, this gain pales in comparison to Bitcoin's impressive 27% increase over the same period. This discrepancy raises questions about whether Coinbase can catch up with the soaring performance of the world's leading cryptocurrency. Conclusion: As the clock ticks down to the eagerly anticipated earnings call, all eyes are on Coinbase. The financial results unveiled during this event will provide insights into the cryptocurrency exchange's health and resilience in a rapidly evolving market. Whether Coinbase can outperform expectations or merely meet them, its current surge in stock price is indicative of the market's optimism regarding its potential to capitalize on the evolving crypto landscape. Investors and traders alike will be watching closely to see if Coinbase can deliver on these expectations and continue its journey as a major player in the cryptocurrency industry. The world of cryptocurrency awaits the verdict on Coinbase's Q3 performance with bated breath, aware of the pivotal role it plays in the crypto ecosystem.by CryptoSnagger0
$COIN Coinbase Weekly EngulfingWe've got a weekly bullish engulfing candle here on Coinbase if it closes this way. Beyond that, its in the context of 3 rising valleys and a broken supply line off the correction. If we revisit the top of the range it will confirm a partial decline as well, and probabilities would then favor a breakout of the range. Id target the local 1.618 extension at the .382, and then the measured move of the accumulation up near the 50% retracement. Longby TradingNomadic2
COIN due for a pullback- phenomenal rally since the lows - currently at strong resistance and a longer correction period is expected - likely goes to substantially new highs in October, Novemberby MansasumaUpdated 8
COIN on a Wyckoff Accumulation?Coinbase have been on a wyckoff accumulation since the sell off a year and a half ago. Looking to enter phase E once BTC starts to rocket and after the halving event.Longby LimpeiGotMoneyUpdated 6613
Buying end of week COIN puts. Some of them at the money and some of them varying amounts OTM. I think the BTC range will break soon and if it breaks to the downside we can see a strong move. Might see COIN gap down. COIN is also inside of a harmonic pattern, which in itself implies a strong move.Shortby holeyprofit116
COIN/USD Harmonic Possibility I posted recently something similar with LTC (Litecoin/USD) and this is basically the same concept but on a much larger scale, this being the weekly timeframe. The premise here is that from a center point, we can see as we scroll to the right of this weekly structure a sort of mirroring is happening. My guess would be the same way we expect any harmonic pattern to work. I could not exactly feel comfortable drawing any Bat or Butterfly harmonic patterns some may know it but I drew some... structural hotspots of when to expect this to move dramatically. Now based on some previous data I have seen on Bitcoin, I know that you can have seemingly a perfect reversal pattern from a pattern literally curving like a smile and still continue in the previously indicated direction. So I have simply expressed the points are major stress, it being the structural squeeze and some measurements based on the previous volume wells that led us to this moment. Either we hit $105 or we go to $35. I would extend the possibilities more but there are some structural interruptions that may be mirrored so the resistances or supports may be perceived fully from the squeeze this is probably going to have. Anyway just an idea.by bloodbound696554
coin range playcoinbase has been ranging for a few weeks and we are on support again targets 80$ and 85$ and there is always the possible breakout that could take us to 109 ill publish another with lines this got glitched outby cointrustmoon13
$Coin is in Trouble Headed into NFP next weekNASDAQ:COIN much like many of the crypto stocks pumps are steadily meeting strong resistance as the result of the sell down. Although Bitcoin and several crypto names went on a pump on etf news. There still a ton of downside that is likely to fill as we examine structure. 80-85 strong overhead resistance. Still trading within our strong weekly bearish engulfing candle (5 weeks now) Potential Bear Flag Under Resistance Next level of support is around $50. I would like Nov 24-Dec 1st puts to come active on this next week as we head into NFP. Ideal entries back around 80 NASDAQ:COIN Shortby Thecontrariandaily113
$COIN final move up to $148-165?NASDAQ:COIN has recently formed a higher low on the 10hr timeframe and I think it's gearing up for a large move higher. You can see the blue trendline has been tested multiple times already and I think the next time it gets tested, it is likely to break. I think we could see a strong move higher over the next few weeks and I'd expect price to stop somewhere in the $148-165 range. Let's see how it plays out over the coming weeks.Longby benjihyamUpdated 7
COIN May be About to Downtrend.Further to my BTC analysis, COIN looks like it is also possible making a spike high here on the bat pattern. We might be set to see COIN heading into a sustained net bear market. If we see weakness in this I am going to start to run short call strategies on this because if the BTC setup works crypto would be expected to be in a net downtrend for multiple years and it's hard to see how COIN call buyers can do well in that.Shortby holeyprofit115
Coin kissing resistance range with BTC bullishnessCoin is another long-term entry I got in around 45$ during the bearish times. I havent found a reason to sell this stock, I did trade puts on the downtrend but we are looking to break the range today (between bottom green lines). I use purple lines as long-term areas of interest usually multi-month or year. We have smashed through the 20 SMA and RSI has a strong reversal, I am expecting > 92$ coin soon.Longby Apollo_21mil226
COIN Long to the MoonCoinbase(COIN) LONG If BTC SPOT ETF Approved! This stock will benefit. Because institutional need to buy BTC from COINBASE PRIME. AND You know what to do! technical chart looking GOOD. #MMRRSL #BearFaceTraderLongby BearFaceTrader4
COINBASE Final dip before bullish break-out.Coinbase Global (COIN) is failing on successive attempts to stay above the 1D MA50 (blue trend-line) and that is technically establishing it as the medium-term Resistance. The long-term one is the 1W MA100 (red trend-line), which has never been broken. Based on the MACD sequence, we have potentially one more dip to make on the Higher Lows trend-line, simiarl to May 04 and June 06, before first to test the 1W MA50 and then Resistance 1 (116.50), which is intact since August 04 2022. Our first target is 80.00 (1W MA100 projected path) and second is 115.00 (just below Resistance 1). ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐by TradingShot21
RektoberBond markets implode. Everything crashes like 1987 black Monday Print more money than ever in human history to save the banks. Thatโs when you buy at a discount and ride the biggest bull market ever. Goodluck. Shortby Helpmesirz550
Rektober ideaBond markets implode. Everything crashes. Print the most amount of money in human history to save the banks. Thatโs when you enter at a discount and ride the biggest bull market the world has ever seen. Shortby Helpmesirz1
Figured I would make a fresh idea for thisAfter failing to swing higher than the previous high, with every single bullish news event that could possibly happen, it really makes you wonder if it will even hold 30 bucks when it gets there... Ill take a shot at the double bottom, but I have severe doubts.Shortby MikeMMUpdated 3315
COIN daily timeframeafter breakout from 2 wedge in weekly and daily it can be a road mapLongby farhoodjp4
COIN consolidating after a large sell offAny catalyst can break this consolidation, this is another long-term hold I got back into around 50$.Longby Apollo_21mil2
COINBASE - 06/10/23COIN Coinbase needs to take this SUPPLY out to take the high at $79.71 one break above this SUPPLY and I'll be looking for a long to break through it!by mikey_s_trades0
True market share value vs total net worthSimple and realistic view of true value and market share price. Investors create said value with confidence and company growth. Determining how and when a market will go up depends on money flow. If you are trading crypto on an exchange then it should reflect market share price in the stock market. This is a fair assessment. Longby UnknownUnicorn35774657Updated 1112
COIN - FUTURE DECLINE The U.S. Securities and Exchange Commission (SEC) is not backing down in its legal battle against Coinbase Global (NASDAQ: COIN), a prominent cryptocurrency exchange. On Tuesday, the SEC made a firm move by requesting a federal judge to deny Coinbase's motion to dismiss the lawsuit that the regulator had filed against the platform. This development marks a critical moment in the ongoing dispute between the regulatory body and one of the cryptocurrency industry's major players. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses. Shortby legacyFXofficial1
Coinbase may go up to 157 until 2023.11.7Coinbase may go up to 157 until 2023.11.7 or it will retrace to 53 firstly. because coinbase is running in the tunnel, 157 is the up edge and the 0.618(0.382) of Fibonacci position. If it retrace, then the last low(55) is the position I will buy.Longby blueacker0