COIN's long downtrend reversed after signs of the end of the crypto winter and SBF brought to justice to clean up the crypto industry. Moving averages show the inflection and new uptrend. On the volume profile, the price rose over the POC line showing that buying pressure exceeds selling pressure. The chart pattern shows a double bottom late December and...
I see three options: 1) the one I'd like to trade but too simple to be true is one the chart 2) the same beginning as the first option but target is modest (37sh) with further low searching 3) imminent slip to ATLs I'm gonna stick to 1-2 options, looking for long positioning
We already looked at Tesla (TSLA) and you know these things, they are all the same. What one does the rest follows... Let me show you! The ATH/Peak price was hit early November 2021, exactly the same as Tesla. The first low was hit late December and a lower low 6-January 2023 by just a few points, exactly as Tesla. And today we have a strong bounce where the...
🧾 Intro The Nasdaq Blockchain Economy Index is designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating or utilizing blockchain technology for their proprietary use or for use by others. The Index began on December 1, 2017 at a base value of 1,000.00. TOP 10 HOLDINGS and Index...
A while back i posted this TA on CULT DAO Check it out. I have been accumulating heavily at these prices , I think this project is a ticking time bomb, its baked into the code , its undeniable that over time supply will shrink and one day there won't be much cult to buy. At the moment we are in a triangle and since October 2022 we have formed a very nice...
We examined the chart of the Cardano coin. To continue the bullish move, Cardano coin must close 7-hour candles above the $0.2836 zone, the red zone indicated on the chart. If ADA coin can close above the $0.2836 region, we think the bullish move will continue until the $0.2985 region. When we examine the important support areas of ADA Coin, the important...
Zach J said "COIN published their proof of funds" and people feel better about it. Also, they have "survived" all of the debaucheries in the industry and sector. I have said for a LONG time, this is one of the 'few I trust' and one of 2 I have ever put $$ into. This and Kraken... :-)
Coinbase stock is ready to drop . Stoch indicator shows an overbought conditions. The price faked out a little bit above the resistance trendline, but it got rejected from an upper boundary of the Bollinger bands. Expecting a nice drop. Target: 31,40 $ which would be a lower boundary of the BB. Good luck
The price moves in the channel . At the moment the double bottom pattern on 1h timeframe is valid and we expect the push up towards the downsloping resistance line . After that, we should see one more dump before we reach 'aggresive' target from Head and shoulders that we identified some time ago: Conservative target was already reached. You can long it now or...
Bitcoin broke the key level which it held for many months. Yesterday Coinbase´s price bounced from the key support however we expect that Coinbase stock will follow Bitcoin´s path therefore getting rejected from the resistance (red line) wouldn´t be surprising. According to technical analysis, support which is tested more times is more likely to break down. If...
I've hugged a lot and I've been hibernating, be careful with the bottom fishing decision this time, I feel like winter is already half way through.
COIN recently made a new 52 week low! A descending triangle pattern was identified on the daily chart. Price broke below the lower trendline of the pattern. Also, a falling wedge pattern was identified on the one hour chart. COIN traded in a tight range Friday and closed in the supply zone . MrALtrades00
Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst. 📉 After breaking below the last major low in gray, MASK has been overall bearish trading inside the falling red channel. MASK is currently approaching a strong daily support in blue 2.0 📈 For the bulls to take over again , we need a break above the upper red trendline AND...
🐂 On both the weekly and daily charts, the Stochastic Momentum Index (SMI) oscillator is in an interesting buy region. 📈 Daily chart: On the daily chart, there was a 🐻🔫 bear trap signal. I think a possible target is at $41.89. In this troubled region marked in the yellow rectangle, there will be a window of opportunity for 📉 shorts, with a target of $30. ...
after yesterdays and todays volatility we broke out of the diamond pattern, re-tested it and are now looking to flip the 16.9 resistance zone. As the rising wedge zone is tightening and macro numbers coming in lower than consensus (which is good to stop further tightening by the fed). I'm kind of patient here to see what's going to happen in the short term. Flip...
To add a good approximation of what the current meme basket looks like just copy this and add it as a new symbol. AMC+CHPT+COIN+DT+F+FIVN+GME+GRAB+HOOD+LUMN This is the current basket and someone's sold $166 mil worth of spreads ranging between $0.4 up to $6.3 in spread on this basket on the 7'th of Dec and 15'th of Nov. There's around 78 transactions worth $2m...
What we can see on the chart is a potential head and shoulders pattern forming. Currently the price might be forming the right shoulder. If this pattern were to form itself fully , we will be looking for a break down with a volume surge. The target from this formation would be around $32. If you enter short position, remember to put a stop loss which could be...
COIN is about to bottom out and turn. I'm going all in