COIN | 200 SMA Confluence + Bullish Doji = High-Value Setup🎯 COIN: The 200 MA Heist — Dip Buyers Stacking Bags While Others Panic 💼🔥
📊 Asset Intelligence
Coinbase Global Inc (COIN) — NASDAQ
Strategy Classification: Swing/Day Trade Hybrid
Market Bias: Bullish Pullback Confirmation
Risk Profile: Calculated Aggression
🧠 Technical Thesis — Why This Setup Slaps
Listen up, Thief OG's 👀
COIN just pulled back to the 200 Simple Moving Average and did exactly what professional setups do — it respected support and reversed. We got a textbook Heikin Ashi reversal doji candle forming right at the MA, signaling buyer exhaustion turned into buyer dominance.
Translation for the streets: Big money stepped in. Retail panicked. We capitalize.
📈 What We're Seeing:
200 SMA holding like a vault door 🔐
Heikin Ashi doji = indecision flipped to bullish conviction
Volume profile showing accumulation, not distribution
Buyers got the juice to push this higher
This isn't hopium. This is structure meeting momentum at a critical support zone.
💰 The "Thief Strategy" Entry Playbook
We don't chase. We layer. We scale. We steal profits from emotional traders.
Instead of slapping market buy like a degen, we're using layered limit orders to build our position as price moves in our favor. Think of it like planting money traps on the way down.
🎯 Entry Layers (Limit Orders):
Layer 1: $330 💵
Layer 2: $340 💵
Layer 3: $350 💵
Layer 4: $360 💵
You can add more layers if you're feeling spicy 🌶️. The goal is to dollar-cost average into strength, not weakness. Let the market come to YOU.
Pro Tip: Not all layers need to fill. Sometimes you only catch 2-3. That's fine. Better to miss some entry than to get caught in a fake-out.
🛡️ Risk Management — Protect Ya Neck
Stop Loss: $310 🚨
Real talk, Thief OG's: This is MY stop based on MY risk tolerance. You are NOT me. You don't have my account size, my strategy, or my psychology.
Set your own stop based on:
How much you're willing to lose per trade
Your position size
Your personal pain threshold
If COIN breaks below $310, the thesis is invalidated. The 200 MA failed. Buyers lost control. We exit, regroup, and find the next heist. No ego. No revenge trading. Just discipline.
🎯 Target Acquisition — Where We Take the Bag
Primary Target: $430 💎
⚡⚠️ WARNING: Resistance Fortress Ahead
At $430, we're walking into a battlefield:
Historical resistance = sellers have limit orders stacked
Overbought territory = indicators flashing red
Trap zone activated = late buyers will get liquidated here
What smart money does: Lock profits. Don't marry the trade. Don't get greedy.
Potential scenarios:
🟢 Strong momentum? Trail your stop and let winners run
🟡 Consolidation at $420? Take 50-75% off the table
🔴 Rejection at $430? Exit immediately, don't hope
(Thief OG's — again, this is MY target. You might want to exit at $400 for quick profits. You might want to hold for $450. Your rules. Your capital. Your consequences.)
🔗 Correlated Assets — The Bigger Picture
Don't trade COIN blind. Context is king.
Watch These Tickers:
BITSTAMP:BTCUSD & BITSTAMP:ETHUSD
Correlation: STRONG
COIN is basically a leveraged play on crypto sentiment. Bitcoin pumps = COIN pumps harder. Bitcoin dumps = COIN dumps harder. Always check the crypto market before entering.
⛏️ NASDAQ:MARA & NASDAQ:RIOT
Correlation: HIGH
Fellow crypto-exposed stocks. If they're ripping, COIN usually follows. If they're bleeding, stay cautious.
💳 SET:SQ (Block Inc.)
Correlation: MODERATE
Fintech + crypto exposure. Similar institutional money flows. Good confirmation indicator.
💵 TVC:DXY (US Dollar Index)
Correlation: INVERSE
Strong dollar = crypto weakness = COIN weakness
Weak dollar = crypto strength = COIN strength
Simple math. Don't ignore macro.
🔑 Key Insight: If Bitcoin is fighting resistance at $70K while COIN is trying to break out, one of them is lying. Read the room.
📌 Technical Breakdown — The Charts Don't Lie
✅ 200 SMA Support: Holding firm — institutional support level
✅ Heikin Ashi Reversal: Doji + bullish follow-through = momentum shift confirmed
✅ Volume Analysis: Accumulation on dips, not capitulation
✅ Risk/Reward Ratio: Solid if stops are honored and targets are realistic
⚠️ Resistance at $430: Real, tested, and dangerous — respect it
⚠️ Crypto Market Dependency: If BTC drops 10%, COIN drops 15%. Stay alert.
📢 Thief OG Community Rules
Never risk more than you can afford to lose — period.
Position sizing > entry price — manage your risk first, profits second.
Stick to YOUR plan — my plan is mine. Yours is yours.
Take profits — unrealized gains aren't real until you close the trade.
No FOMO, no revenge trades — discipline beats emotion every time.
✨ If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!
#COIN #Coinbase #SwingTrading #DayTrading #ThiefStrategy #CryptoStocks #TechnicalAnalysis #PullbackSetup #HeikinAshi #200MA #NASDAQ #BullishSetup #LayeredEntry #RiskManagement #SmartMoney #PriceAction #TradingView #StockMarket #SwingTrader
Coinbaseanalysis
Coinbase: Top Is In!We now view the top of blue wave (b) as established. Wave (c) is expected to drive further sell-offs below support at $291.50, ultimately completing magenta wave , specifically within our magenta Target Zone between $255.42 and $173.05. From there, the upward impulse should then continue past resistance at $444.65. On the other hand, we assign a 33% probability to blue wave alt.(b) reaching a higher high; in that scenario, the anticipated declines would be postponed by a detour above resistance at $444.65.
Can COIN's $330 Breakout Reach $380? ~ Tactical Entry Plan📈 COINBASE GLOBAL, INC. (COIN) - Money Heist Plan (Swing/Day Trade) 🕵️♂️
🚨 Ready to execute the ultimate heist on COIN? This Money Heist Plan uses the Thief Strategy, a layered limit order approach to catch the breakout at $330.00 ⚡. Below, I've outlined the setup, technicals, fundamentals, and macro insights to help you navigate this trade like a pro. Set your alarms, plan your escape, and let’s dive into the details! 🔒
🛠️ Trade Setup: The Thief Strategy
The Thief Strategy is a tactical approach using multiple limit order layers to enter the trade post-breakout, maximizing flexibility and precision. Here’s how to execute it:
Asset: COINBASE GLOBAL, INC. (COIN) 💰
Entry Trigger: Breakout above $330.00 ⚡
Set a price alert on TradingView to catch the breakout in real-time! 🔔
Layered Entries (Thief Style): Place multiple buy limit orders to scale in:
$310.00
$315.00
$320.00
$325.00
$330.00
Pro Tip: Adjust layers based on your risk tolerance and strategy. Confirm entries only after the breakout at $330.00! ✅
Stop Loss (SL): Place at $295.00 post-breakout 🛑
Note: Adjust SL based on your risk management. The Thief Strategy is flexible—manage risk at your discretion, dear Traders (Thief OGs)! 😎
Take Profit (TP): Target $380.00 🎯
Resistance and overbought levels signal a potential police barricade 🚔. Escape with profits before the trap! Adjust TP based on your strategy.
Disclaimer: TP is not fixed—take profits at your own risk and preference.
📊 Why This Plan? Technical & Fundamental Breakdown
🔍 Technical Analysis: The Thief’s Blueprint
Breakout Catalyst: COIN is testing the $330.00 resistance. A confirmed breakout signals strong bullish momentum 📈.
Thief Strategy Advantage: Layered entries reduce risk of false breakouts and allow scaling into the move.
Key Levels to Watch:
Support: $295.00 (SL zone)
Resistance/Target: $380.00 (overbought zone)
Setup Confirmation: Use volume spikes and RSI for breakout confirmation. Set TradingView alerts to stay sharp! 🔔
📉 Fundamental & Macro Insights
Market Cap: $81.47B
PE Ratio (TTM): 30.52 (above industry avg., signaling high valuation)
EPS (TTM): $10.39
Revenue Growth (YoY): +12.36% (2025 est.) 💪
Profit Margin: 42.67% 🔥
Cash Reserves: $7.54B (strong balance sheet)
Risks:
Q2 profit drop to $33.2M vs. $294.4M YoY 📉
High P/E (30.71) and Price/Sales (12.61) raise valuation concerns
Macro Drivers:
Genius Act: Boosted crypto optimism 🚀
Crypto Market Trends: Bitcoin’s record highs in July 2025 fuel COIN’s upside potential
😰 Fear & Greed Index
Current Sentiment: Neutral to Greedy (Crypto Fear & Greed Index: 0-100)
Trend: Mixed emotions due to crypto volatility and regulatory developments
Takeaway: Greed supports breakout potential, but stay cautious of volatility spikes.
🧠 Investor Sentiment
Retail Traders: Cautiously optimistic 😊, holding for long-term crypto growth but cautious of short-term volatility.
Institutional Traders: Mixed 🤔—some see overvaluation, others bet on crypto adoption and regulatory clarity.
🐂 Bullish vs. Bearish Outlook
Bullish Score: 60% 🐂
Why? Strong revenue growth (+13.72% YoY est. for 2026), crypto adoption, and institutional interest.
Bearish Risks: 40% 🐻
Why? Profit volatility, high valuation, and crypto market dependence.
Key Watch: Q3 earnings (Sep 2025) and crypto market trends.
💡 Why Trade COIN Now?
Short-Term: Neutral to slightly bearish due to profit concerns, but the $330.00 breakout could spark a quick swing/day trade.
Long-Term: Bullish on COIN’s role in crypto infrastructure and regulatory tailwinds.
Thief Strategy Edge: Layered entries and disciplined risk management make this setup ideal for volatile markets.
🔗 Related Pairs to Watch (USD)
BITSTAMP:BTCUSD : Bitcoin’s momentum drives COIN’s price action.
BITSTAMP:ETHUSD : Ethereum’s performance impacts COIN’s trading volume.
BITSTAMP:XRPUSD : Watch for altcoin rallies tied to regulatory news.
AMEX:SPY : Broader market trends influence COIN’s beta (3.69).
📅 Market Data Snapshot (10 Sep 2025)
Previous Close: $318.78
Day’s Range: $315.88 - $328.67
52-Week Range: $142.58 - $444.65
Avg. Volume: 13.43M shares
✨ “If you find value in my analysis, a 👍 and 🚀 boost is much appreciated — it helps me share more setups with the community!”
#TradingView #COIN #SwingTrading #DayTrading #CryptoTrading #TechnicalAnalysis #ThiefStrategy #MoneyHeist
Coinbase: Breaking HigherAfter an extended period of sideways trading, Coinbase recently broke noticeably higher, prompting us to add a more detailed substructure for magenta wave . On a smaller scale, we now see prices moving in a blue three-part pattern, with wave (a) recently completed at $291.50—a level we identify as support. In the near term, wave (b) still has some room to move higher before wave (c) ultimately dips back below the $291.50 mark, at which point the previously mentioned magenta wave should be complete—well above the lower support level at $138.45. The following wave is expected to drive the next leg higher, potentially pushing the stock well above $444.65. However, we assign a 33% probability that COIN has completed magenta wave alt. at the $444.65 high and could next fall below the $138.45 support to establish a new low for turquoise wave alt.2 via wave alt. .
COIN Don’t Miss Out: eye-catching$330C
# 🚀 COIN Options Alert 🚀
🎯 **Setup**: Long \$330C
💵 **Entry**: \$6.35 | 📈 **Target**: \$9.53 (+50%) | 🛑 **Stop**: \$3.81
📊 **Confidence**: 60% | ⚡ Low VIX + Bullish Flow | ❗ Weak volume risk
💡 **Key Watch Levels**:
* 🔑 \$325 breakout = strong bullish confirmation
* ⚠️ Below \$291 = bearish trigger zone
⏰ Time-sensitive: 4DTE — manage risk, avoid holding into Friday’s close!
---
📌 **Hashtags **:
\#COIN #CryptoStocks #OptionsTrading #WeeklyOptions #TradingSignals #StocksToWatch #OptionsFlow #CallOptions #TradingView #StockMarket #COINbase #OptionsAlerts
Coinbase (COIN) shares fall to a 2-month lowCoinbase (COIN) shares fall to a 2-month low
According to the chart of Coinbase Global (COIN), the stock price of the cryptocurrency exchange is sliding towards the $295 level, a 2-month low.
It is worth recalling that last month we reported that COIN stock had surged to an all-time high around $400. At that time, we:
→ highlighted the long-term grey channel and the short-term blue one;
→ suggested a potential correction from the upper boundary of the grey channel.
Since then, COIN’s share price has declined by more than 20% (yesterday’s drop was fuelled by a broader risk-off sentiment in technology stocks, which we analysed earlier today in the context of the Nasdaq 100 index). If this is indeed a correction from the all-time high, it looks too deep for a bull market. Could COIN shares extend their decline?
Technical analysis of Coinbase (COIN) stock
From a broader perspective, the grey channel remains valid. Following the release of a disappointing earnings report on 1 August, COIN formed a bearish gap and found support near the median of this channel.
Note the price action (highlighted with an arrow) – the bulls attempted to push the price higher but failed. This resembles either a false breakout of the 1 August high or a retest of the gap’s lower boundary – in both cases, a bearish signal. Particularly so given the candlestick with a long upper shadow, forming a gravestone doji pattern.
The MACD indicator suggests “clouds are gathering”: the histogram is approaching zero, while the two lines have turned downward. If the bears manage to build on their advantage, this would imply that:
→ market participants view the psychological $300 level as too high for COIN;
→ the price is moving away from the median of the grey channel and might approach its lower boundary, where buyers typically tend to step in.
If this scenario unfolds, the bears will need to show persistence, given the importance of support at $273.70, where the price rallied strongly in mid-June (a sign of aggressive buying).
It is also worth noting a series of bullish news related to Coinbase (completion of the Deribit exchange acquisition, improved regulatory outlook) – but the stock is already down more than 30% from its record high, which raises concerns.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Coinbase: Brief Distraction Before Downtrend ContinuesCoinbase has recently experienced a brief uptick but has since resumed its expected downward trajectory. Magenta wave still has some room to push lower in the near term, but it should remain above the support level at $138.45 to allow the upward impulse to eventually break through resistance at $444.65. However, if price falls below $138.45, we will anticipate a new low for turquoise wave alt. 2 , which would delay the expected gains (probability: 33%).
COIN Weekly Options Crunch: Can Bulls Break Through the Trap? 🚀 COIN Weekly Options Heat Check (2025-08-14)
**Sentiment:** ⚖️ *Mixed but leaning bullish*
* **Daily RSI:** Bearish 📉
* **Weekly RSI:** Bullish 📈
* **C/P Ratio:** 1.68 (Bullish flow)
* **Volume:** Weak — limited institutional backing
* **Gamma Risk:** HIGH due to imminent expiry
---
### 📊 **Consensus Snapshot**
✅ *Bullish tilt from options flow*
⚠️ *Conflicting indicators & low volume = caution*
💡 *Tight risk management is critical*
---
### 🎯 **Trade Setup**
* **Type:** Naked CALL (Long)
* **Strike:** \$335.00
* **Expiry:** 2025-08-15
* **Entry Price:** \$0.84
* **Profit Target:** \$1.26 – \$1.68 (+50–100%)
* **Stop Loss:** \$0.50 (≈40% risk)
* **Confidence:** 65%
* **Entry Timing:** At market open
---
💬 *Play the momentum, but respect the stop — expiry is tomorrow.*
📌 *Not financial advice. DYOR.*
---
**#COIN #OptionsTrading #WeeklyAnalysis #StocksToWatch #TradingSignals #OptionsFlow #GammaRisk #DayTrading #StockMarket**
COIN Gamma Strom Incoming!!!🚀 COIN Weekly Swing Setup (2025-08-09) 🚀
**Bias:** 📈 **Modestly Bullish** — strong call flow + low VIX, but weak volume tempers confidence.
**🎯 Trade Plan**
* **Ticker:** \ NASDAQ:COIN
* **Type:** CALL (LONG)
* **Strike:** \$350.00
* **Entry:** \$0.90 (open)
* **Profit Target:** \$1.70 (+89%)
* **Stop Loss:** \$0.45 (-50%)
* **Expiry:** 2025-08-15
* **Size:** 1 contract
* **Confidence:** 65%
**📊 Key Notes**
* Call/put ratio 2.83 → strong bullish options flow ✅
* RSI mixed but recovering from oversold ⚠️
* VIX low → low gamma risk, favorable for option buyers ✅
* Watch volume closely at open for confirmation 🔍
COIN Gamma Storm Incoming!!!## 🚨 COIN Weekly Options Setup (Aug 7, 2025) 🚨
**Massive Call Flow vs. Bearish Momentum — Who Wins?**
> 🔍 Multiple AI models conflicted. Gamma risk rising. One day to expiry. Here's the trade...
---
### 🧠 Key Model Consensus (Across Grok, Claude, Llama, DeepSeek, Gemini):
✅ **Bullish Options Flow** from institutional players
📉 **Bearish Price Momentum** and RSI
⚠️ **High Gamma Risk** into expiration
🤔 **Signal Divergence** = Uncertainty + Volatility
---
### 🟩 **Bulls’ Case (Grok, Claude, Llama):**
* Oversold conditions + call buying = Rebound Setup
* Volume spike confirms institutional interest
* Moderate bullish lean with upside potential
### 🟥 **Bears’ Case (DeepSeek, Gemini):**
* Price action still weak
* Distribution pressure detected
* Recommending no trade or puts
---
### 📊 Trade Setup Summary
| Parameter | Value |
| -------------------- | ----------------- |
| 🎯 **Strike** | \$322.50 |
| 📅 **Expiry** | 2025-08-08 (1DTE) |
| 📈 **Direction** | CALL (LONG) |
| 💵 **Entry Price** | \$0.96 |
| 🎯 **Profit Target** | \$1.44 |
| 🛑 **Stop Loss** | \$0.57 |
| 📏 **Size** | 2 Contracts |
| 🔁 **Entry Timing** | Market Open |
| 🧪 **Confidence** | 65% (Moderate) |
---
### ⚠️ Risks to Watch:
* 1DTE = High volatility swings ⚡
* Momentum still leaning bearish 📉
* Gamma moves could trigger sharp reversals
---
📌 **Final Take**:
**Trade if you’re aggressive. Sit out if you’re cautious.**
This is a classic high-risk/high-reward setup driven by **options flow vs. price action divergence**.
COIN Don't Miss Out
## 🚨 COIN WEEKLY TRADE IDEA (Aug 4–8)
**Bullish Setup Despite Mixed Signals — \$330 CALL ON WATCH**
---
### 🧠 Model Consensus:
* **📈 Weekly RSI** = bullish recovery potential
* **📉 Daily RSI** = bearish pressure, short-term caution
* **📊 Volume** = Institutional activity spotted
* **🧠 AI Models**:
* **Grok & Claude** = Bullish bias ✅
* **Gemini** = Bearish, sees distribution ❌
* **Meta & DeepSeek** = Neutral, sit-tight ⚖️
🧭 **Net Bias: MODERATE BULLISH** (But choppy daily tape)
---
### 🔍 Trade Setup:
| 🎯 Strike | 🎯 Entry | 🎯 Target | 🛑 Stop | ⏳ Expiry | 🎯 Confidence |
| ---------- | -------- | --------- | ------- | -------- | ------------- |
| \$330 CALL | \$4.00 | \$5.00 | \$2.50 | Aug 8 | 65% ✅ |
📍 **ENTRY TIMING:** At open
📍 **VIX Conditions:** Supportive (low-vol = favor gamma grind)
📍 **Risk Trigger:** Exit on close under \$315 or stop hit
---
### ⚠️ Key Risks:
* Daily RSI → 🟥 still bearish = choppy path
* Sector-wide pressure (crypto news, SEC)
* Negative macro or earnings = fast invalidation
---
### 🔥 Tags:
`#COIN #Coinbase #OptionsTrading #CallOption #BullishBias #GammaSqueeze #AITrade #TradingView #WeeklySetup #MomentumPlay`
COIN 0DTE Trade Breakdown – July 25, 2025
📉 COIN 0DTE Trade Breakdown – July 25, 2025
Put Play or Pass? Let’s break it down 👇
📍 Price: $392.34
🧠 Sentiment: Neutral → Bearish
📊 Call/Put Ratio: 1.08 (Balanced flow)
⚠️ Gamma Risk: HIGH
⌛ Time Decay: Accelerating (0DTE!)
⸻
🎯 TRADE IDEA: 0DTE PUT
✅ Strike: $380.00
💵 Entry Price: $0.69
🎯 Profit Target: $1.00
🛑 Stop Loss: $0.37
📆 Expiration: Today (Jul 25)
📈 Confidence: 65%
📍 Entry Timing: At Open
⸻
⚠️ Why This Trade?
🔻 RSI trending down
🚫 Weak institutional volume
⚠️ High volatility expected from gamma squeeze
🕒 Tick. Tock. Time decay’s your biggest enemy here.
📌 Strategy:
➡️ Naked PUT (speculative short-term play)
⛳ Goal? Quick move → quick exit
⸻
🚨 Risk Warning:
❗ 0DTE = Massive swings
❗ One wrong move = rapid premium decay
❗ Stay nimble. Know your exit.
⸻
💬 Drop a 🔥 if you’re watching COIN today
#OptionsTrading #0DTE #COIN #DayTrading #PutOption #TradingView #StockTok #GammaRisk #TradeSetup
COIN Weekly Bullish Options Setup (Jul 22, 2025)
🚀 NASDAQ:COIN Weekly Bullish Options Setup (Jul 22, 2025)
Institutional call flow is heavy. Momentum is fading — but not dead. Volume confirms bulls. This is a calculated strike before earnings zone noise.
⸻
📊 Trade Setup
• 🎯 Direction: CALL
• 📍 Strike: 410
• 💰 Entry: $14.70
• 🎯 Target: $17.00+
• 🛑 Stop: $11.60
• ⏰ Expiry: 07/25/2025 (3DTE)
• 📈 Confidence: 65%
• 📍 Entry Timing: Market open
⸻
🔍 Model Consensus (Multi-AI Synthesis)
• 🟢 3/5 models bullish: Grok, Llama, DeepSeek
• 🟡 1 neutral: Gemini (momentum divergence noted)
• 🔴 1 bearish: Claude (overbought RSI divergence risk)
• 📈 VIX < 22 = Green Light
• 🧠 Key Catalyst: PNC x Coinbase partnership + institutional volume surge
• 📉 Watch for RSI reversal > Weekly 83.5
⸻
📎 Trade Logic
• Options flow + volume = 🔥 institutional accumulation
• RSI high but manageable — expect momentum pockets, not full reversals
• Range target: $428–$444.65
• Stop loss = discipline, not fear
⸻
🧠 Risk Note:
• Momentum divergence is real.
• Avoid chasing if VIX > 22 or if open shows reversal.
• Size small. Let the volume do the work.
⸻
📢 Tagline (for virality)
“Snakes see a breakout, but bulls smell blood. NASDAQ:COIN loading calls on institutional flow. 3DTE scalp or breakout runner. Your move.” 🐂📈
Coinbase (COIN) Shares Reach All-Time HighCoinbase (COIN) Shares Reach All-Time High
According to the chart of Coinbase Global (COIN), the share price of the cryptocurrency exchange has reached a historical all-time high (closing price).
The bullish sentiment has been supported by the following factors:
→ Bitcoin price rally. Yesterday, we analysed the BTC/USD chart and anticipated that bulls might attempt to set a new record. Following the publication, Bitcoin made a strong upward move, breaking above the $118,000 level.
→ Passage of the GENIUS bill in the US , which establishes a regulatory framework for the use of stablecoins.
Can COIN stock continue to climb?
Technical Analysis of Coinbase (COIN) Share Price
At the end of June, our analysis of the COIN chart highlighted the following:
→ From a broader perspective, COIN’s price fluctuations over the past year had formed an ascending channel (marked in grey).
→ The ongoing intermediate rally (marked in blue) had the potential to drive the price towards the upper boundary of this grey channel.
This scenario has materialised: today, COIN shares are trading near the upper edge of the grey channel. However, several factors now warrant a bearish outlook:
→ The upper boundary of the channel may act as resistance;
→ The psychological level of $400 could also serve as resistance;
→ Shareholders may be tempted to lock in profits;
→ A potential bearish divergence on the RSI indicator.
It is possible that in the near term, COIN bulls will attempt to break through the $400 level. However, if buying momentum weakens, the conditions may favour a price correction — which would appear justified after a nearly 60% rally since early June.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Coinbase (COIN) Shares Hit Year-to-Date HighCoinbase (COIN) Shares Hit Year-to-Date High
As we reported six days ago, shares of Coinbase Global (COIN) received a strong bullish boost after the US Senate approved the GENIUS bill, which sets out regulations for the use of stablecoins.
As the Coinbase Global (COIN) stock chart shows, the rally is ongoing. Yesterday, the price surged by over 12%, once again becoming the top performer in the S&P 500 index (US SPX 500 mini on FXOpen).
Bullish sentiment is being fuelled by news that:
→ Two funds managed by Cathie Wood’s Ark Invest acquired around 4,200 Coinbase shares;
→ Analysts at Benchmark raised their target price for Coinbase Global (COIN) from $301 to $421.
Could the COIN share price continue to rise?
Technical Analysis of the Coinbase (COIN) Stock Chart
From a broader perspective, the COIN share price has formed an ascending channel over the past year (marked in grey), and only once — in reaction to news about Trump tariffs — did the price briefly fall outside of this channel.
Based on this, it is reasonable to assume that the developing intermediate rally (highlighted in blue) could reach the upper boundary of the grey channel. However, the psychological level of $350 — near the 2024 peak — appears to be a significant resistance point on this path.
It is possible that we will soon see this level act as resistance on the COIN stock chart, leading to the formation of a correction — which would seem appropriate after a nearly 40% price increase since the start of the month.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Coinbase: Surging HigherCoinbase has surged sharply above the $275.90 level, prompting us to consider green wave finished. Now, we see the stock advancing in wave , which still has more upside potential to finalize light green wave a. Afterward, we expect a corrective pullback in wave b, which may dip below $275.90, before green wave c resumes the advance, thus completing orange wave b distinctly above $275.90.
📈 Over 190 precise analyses, clear entry points, and defined Target Zones - that's what we do.
Coinbase Shares Rise Following Stablecoin Legislation ApprovalCoinbase (COIN) Shares Rise Following Stablecoin Legislation Approval
Shares in Coinbase Global (COIN) surged by 11% yesterday, making the company the top performer in the S&P 500 index (US SPX 500 mini on FXOpen).
The sharp rise was driven by news that the US Senate has approved the GENIUS stablecoin bill, which sets out a regulatory framework for the use of stablecoins — crypto assets whose value is pegged to another currency or financial instrument, such as the US dollar.
The bill (which still requires approval from the House of Representatives) would pave the way for banks, fintech companies, and other financial market participants to use stablecoins. This development acted as a strong bullish catalyst for COIN shares.
Technical Analysis of Coinbase (COIN) Share Price Chart
In our previous analysis of the COIN share price chart, we:
→ identified an ascending channel (shown in blue);
→ suggested that the COIN share price could rise towards the psychological level of $300.
That projection has played out — the price is now very close to the $300 mark. So, what comes next?
In a bold, optimistic scenario, buyers may hope for a continuation of the rally, with the share price pushing towards the upper boundary of the long-term ascending channel, especially following the recent news. In the medium term, the blue ascending channel may remain relevant, given the strong signal of improved cryptocurrency regulation in the US legislative framework.
However, we also note some vulnerability to a pullback, as:
→ the $300 level may act as significant resistance;
→ the price is approaching the upper boundary of the blue channel, which also shows resistance characteristics;
→ once the initial wave of positive sentiment fades, some investors may look to take profits, especially given the more than 20% rise in Coinbase (COIN) shares since the beginning of the month.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Coinbase (COIN) Shares to Be Added to the S&P 500Coinbase (COIN) Shares to Be Added to the S&P 500
According to media reports, shares of the cryptocurrency exchange Coinbase Global (COIN) are scheduled to be added to the S&P 500 index (US SPX 500 mini on FXOpen) on 19 May, replacing Discover Financial Services (DFS), which is in the final stages of being acquired by Capital One Financial (COF). The deal, having received all necessary approvals from regulators and shareholders of both companies, is expected to be completed on 18 May 2025.
As a result, Coinbase Global will become the first cryptocurrency-related company to be included in the S&P 500 index — a development that sent COIN shares surging to their highest level since late February. Inclusion in the S&P 500 is considered a bullish catalyst, as it suggests increased demand for the stock from index funds and signals improved prospects. Analysts have taken note; Rosenblatt Securities raised their price target for Coinbase Global Inc. (COIN) from $260 to $300.
Technical Analysis of COIN Stock Chart
In previous analyses of the COIN stock chart, we:
→ drew a descending channel;
→ identified a resistance zone in the $225–240 range (highlighted in purple).
However, the surge in demand triggered by the news of COIN’s inclusion in the S&P 500 has led to:
→ the descending channel appearing to lose relevance entirely;
→ the price gapping above the purple resistance zone;
→ increasing grounds to draw a potential upward trend trajectory (shown with blue lines).
Given the current momentum, it is possible that the COIN share price could rise towards the psychological $300 level, which acted as resistance earlier in 2025.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
Coinbase: Catching BreathCoinbase is currently catching its breath in a sideways movement. We still attribute more upside potential to the ongoing wave b in orange, expecting it to rise close to the resistance at $422.11. However, wave c should start below this mark and ultimately complete the blue wave (ii) above the support at $138.45. The subsequent blue wave (iii) should then carry the price significantly above the $422.11 mark.






















