Coinbase Global, Inc.
Long
Updated

COIN: In Buy Zone

701
COIN finally in a buy zone with target above the $208.00 mark before earnings report.
Good candidate for a CALL option play before earning report Feb 12th.

Play it right.........Play it safe........Know the rules of the game.

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Trade active
snapshot

COIN earnings report approaching fast so a push to the $182 - $185 before aernings still on the table.
If there were no earnings report I would say that $200 target was a sure thing before Feb 20th, but nobody knows how market participants will react to the earnings especially if it doesn't align with the so called "analysts" numbers, you know how the system works.
Buckle up ladies and gentlemen rest of week will be wild for COIN.

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Trade closed manually
Alright ladies and gentlemen, What do you think it will take place on Tuesday at open? Gap up or Gap down.
The 1hr tf will play out if it has a gap down to go and test the $160 area. If there's no gap down and instead makes a little tight range then 4hrs will continue to the $177.00 - $188.00 area pause sideways then down again until re-test, hold firm and bounce from its 55 ema.

Play it right.........Play it safe.........Play it The NumberFive Way.

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Have a good weekend everyone.

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