Massive Upside if/when Reverse H&S forms, potentially b/c SEC/CFTC losing case in court AND/OR BTC rallying significantly on some of regional banks biting the dust.
elastic price movements in a bullish cycle give asymetric risk vs reward potential to short dated calls. COIN could trampoline back up to $75 next week.
Sell puts. I WOULD LOVE to buy shares at this price This seems like an over reaction.
Coin has bounced off the $6.5 or so demand/support zone several times and it looks like the bulls won’t let this break. Have some solid open interest on the $64-65 weekly calls here too. If we close above this support I think we see a minimal bullish push to $65-67
Good start to the week, Let us analyse at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: The Kumo has been green for 13 days and is about 6.40% wide. It has widened and is stable. The various lines indicate an...
Yes, in spite of the news after hours today. This pattern is ultimately in line with what I see on Bitcoin, which is a push to the center line of the overall larger channel on Bitcoin up to 35,200. I think we can get a more specific idea of our target on COIN based on the 38 & 50 % inverse fib levels drawn here which represent $98 and $119
Looks like the bleeding is over for Coinbase (COIN) and this is definitely good news. Not because of Coinbase itself but because this matches the reversal signals we are seeing on Bitcoin and the Altcoins. Coinbase is part of crypto. Coinbase starts to recover. Crypto starts to recover. Bitcoin starts to recover... What I mean is that this stock going bullish...
The consolidation pattern on the COIN-base chart we looked at changed to a bullish flag, this doesn't change much since the bullish breakout is already confirmed. If Bitcoin growth is any indication over the weekend and the strong bullish signals on this chart we should see a continuation this week. ✔️ Gold is going bullish as well. Short-term the next target...
Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been green for 6 days and is about 0.7% wide. It changes abruptly but is currently widening. After the bounce...
I think odds are good that Coinbase has bottomed for the first time since IPO. Worth a shot on the long side here, I like that they are planning to diversify away from US as jurisdiction and embrace international clients in a safer location allowing them to expand their offerings into lending, derivatives and whatnot. Chart setup is very good and it should mostly...
This week, Bitcoin has led the recovery in cryptocurrency markets. The Fed's indirect monetary policy expansion has increased demand for riskier assets, which has benefited Bitcoin. The following resistance levels for BTC above the current price levels are $26,750, $27,500, and $28,730. This week, Bitcoin has been on a steep upswing, leading the cryptocurrency...
We looked at a consolidation pattern on the last update for the Coinbase stock, COIN. After breaking bearish, the correction hit bottom and an even stronger recovery followed. We have a very strong RSI and a bullish cross on the MACD with the histogram going green. The week is going to close full green and how the week ends, the next week tends to follow. We...
Didn't get the bottom but got most of this intraday rally. Went green & we covered all exposure done today. Very nice day! Could rally more but WE ARE DONE. Going to park in a few to hang out with the girls. $TQQQ $UDOW $COIN#UDOW #TQQQ #COIN #stocks #trading
BITO 390m: Breakout from structure held since June 2022 and move over value area high. Auction has now moved over key MAs. Aggressive movements & high vol in the crypto sector has produced risk on sentiment and a two day upside of +30%; diverging from recent equity sentiment. Continued price action and breadth in this space could see BITO continue its current move...
Good start to the week, Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source. Trend: Kumo has been red for 4 days and is about 0.7% wide. It has turned red since the last analysis and is now very thin...
If you haven`t bought COIN puts here: Or sold it here: Then you should know that COIN Coinbase was more than a client of Silicon Valley Bank, and the relationship between the two companies was more than just a client-provider one. Back in 2014, when cryptocurrency projects and businesses affiliated with crypto struggled to secure financing from traditional...
Hi viewers, CTAS price break zone, tech. side showing we can expect bearish trend TP1:47 TP2:43
1. AI coins ChatGPT is the next big thing because it can quickly solve difficult tasks.It has passed a major medical exam in the United States, cooperated with Microsoft, and is attracting competition from Google. Therefore, crypto AI technology is booming, driving the bullish momentum of coins such as $FET, $AGIX,$GRT,$RNDR and several AI coins. 2. ZK...