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SimplyShowMeTheMoney
Jan 15, 2022 6:05 PM

$COIN this trains about to depart 👁‍🗨 Long

Coinbase Global, Inc.NASDAQ

Description

*This is not financial advice, so trade at your own risks*

*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*

*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*

The market overall has reached its next buy zone. My team is loading up shares of companies that we believe will surely benefit within a small interval of 34 trading days. Some of these trades will be swing, others will be held long-term.

Crypto exchange company Coinbase COINBASE is looking to be a safe bet despite the ongoing crypto space controversy. The company is still fresh out the womb, and there are obviously risks involved with newly traded companies, but COIN is already displaying stronger than usual fundamentals, and we believe that gives its huge potential.

My team entered COIN Friday afternoon at $230 per share. Our first take profit is $250

BUY ORDER: $230
TAKE PROFIT 1: $250
TAKE PROFIT 2: $277
TAKE PROFIT 3: $299

If you want to see more, please like and follow us @SimplyShowMeTheMoney

Comment

We added more shares on 1/21/2022 at $190 per share.

Comment

COIN will turn around eventually. This is a long-term hold; the immediate price action isn't fazing us.

Trade closed manually

Exited at $214.60 with a small gain of %2.19
Comments
Wannabe_traderSD
Nice. I been loading up around that range $220-230s. It's a good value if you project crypto market growth to be in the multi-trillions years from now. I expect at least 100% gains from here. At worst, 50% drop which I'm ok with that risk.
SimplyShowMeTheMoney
@Wannabe_traderSD There are about 100 institutions involved with Coin-base. Fact check me if I'm wrong. Anyways a 50% drop from here would be bad for a lot of people haha! Thanks for commenting
Wannabe_traderSD
@SimplyShowMeTheMoney, it hit 50% drop LOL
SimplyShowMeTheMoney
@Wannabe_traderSD Looks like the US30 is dragging everything down with it. Once it slows down whatever wants to go up will continue to go up. Bitcoin has already been in a corrective phase for a while now, and its not going away. Long hold! haha.
Alt-B
I"ve just been DCA ing in a bit as it fell below 230. May hold some Z(half) for long term but ya $300 target for me as well on the shorter term shares for me
The_Master_
give ur team my best.😇😏😀
SimplyShowMeTheMoney
@The_Master_ Will do! Wewish you luck in your ventures as well! Thanks for commenting!
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