If you haven`t sold COIN here, ahead of earnings: Then you should know that following a string of investigations and lawsuits against it, Silvergate Bank, a prominent lender to cryptocurrency firms, lost five key partners on March 2. Coinbase, Paxos, Gemini, BitStamp, and Galaxy Digital were among the notable crypto firms that previously relied on Silvergate as...
As stated many times, in & out. Get as much as you can and then WAIT, be PATIENT IF you want to hold longer. It could be a while before we get another good longer term buy opportunity. As stated before, SCALPING quick moves. Most of these were not huge moves BUT Put premiums did lessen & provided 10-25% in minutes. $MSFT went from 249 - 252 $ZS 106 -...
What are the odds of a bullish continuation? The odds are rising, higher and higher, with each passing day. Looking at the Coinbase stock, COIN, we have the classic bullish pennant which is a consolidation pattern. That's basically all we need to know. Consolidation and bullish but there is always more. ✔️ The RSI is still strong even after more than a month...
Looking for upward momentum to come in and push us through. How's everyone feeling this morning?
COINBASE stock looks great. Falling wedge broke out bullishly and what we saw on 13 and 14 of February was creation of higher low and support retest. Target 1 is at 114$ . It's a technical target from the bullish falling wedge pattern. Target 2 is for patient investors/swing traders as it may take some time to get it. At 205$ most likely we will see a trend...
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Covered positions Sold $COIN Puts @ 1.81, covering here NOT being greedy Not best trade but roughly 20% in about an hour or so Will take #CEX #Crypto #stocks #COIN
FEB 28 $COIN is our largest trading position by far Going to start covering some, not have so much exposure in 1 position Have #stock & sold Put #options ------------------------------------------ TODAY TODAY TODAY $COIN dotted lines served as staunch resistance & support for some time now, 30Min chart 1Hr confirms Had some WAY otm written PUTS still have...
Confirm bearish divergence on RSI: Wait for a clear bearish divergence on the daily RSI chart for COIN . Watch for a break below the 50 EMA: Keep an eye on the price action and volume to confirm a break below the 50 EMA. Volume increasing as it breaks 53.66 could signal a stronger bearish move. Enter short position: Once the break below the 50 EMA is confirmed,...
We will go into Bitcoin monthly next but let's make a quick stop first and take a look at Coinbase and Tesla. Recently I mentioned Tesla (TSLA) as a leading market indicator. It moved first on the crash and it also moved first on the bounce/recovery, and thus we can use this stock to know what the rest of the market will do. Then we have Coinbase (COIN), a...
Coinbase NASDAQ:COIN has been responding to higher terminal rate expectations, which have risen dramatically in the past month. In December 2022 and January 2023, the August Fed Funds futures contract previously showed a terminal rate of approximately 4.70%. And the consensus had adopted the view of significant rate cuts into year end 2023. Now, that has changed,...
$COIN is our largest trading position by far Going to start covering some, not have so much exposure in 1 position Have #stock & sold Put #options #crypto #cex #coin #Coinbase
what seeing for $COIN Intraday 15Min 30Min & 1Hr charts Gets congested @ 4Hr and daily Showing daily so you see #COIN #stocks #crypto - Different view for $COIN on DAILY Forming Inverse Head & Shoulder patter EARLY!!! IF 56ish holds for a bit this is GREAT sign Of course $BTC pumping would help the cause #crypto #stocks @coinbase
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: Kumo has been green for 58 days and is about 11% wide. It has risen since the last analysis and is looking slightly...
Simple scenario here, bearish while below $61.74, accelerates if below $53.66... Best of luck! Cheers, Ivan Labrie.
SORRY, busy day yesterday Was on radio show & generally copy paste to here and other sources but was too swamped. SORRY Pls see profile for more DATA - YESTERDAY @ 11:56AM Intraday $btc @ short term support Oversold on 1hr 4hr #BTC not oversold yet #Bitcoin may bounce here but fall may not be done yet #Crypto - Yesterday 11:15AM $VIX MAY have issues here We...
with the potential coinbase chain launch tomorrow, this chart feels poignant. looks juicy af tbh. probably gonna rip.
COIN Nice hold and bounce off that 61.5 spot which was my previous breakout area mapped out in the last idea. Things to note we have another weekly candle close above the 9&21emas although the moving averages have not crossed yet. We are technically still bearish but setting up for a for big move. Earnings coming out next week I will be watching for that 61 area...