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.
The only thing you guys have left now is a relatively strong VPFR but I tossed in a reverse Fib to show where your price probably SHOULD go.
Looks like I'm moving to another exchange for onramp / offramp again AGAIN!!
Wanna know more about my totally miserable experience with the new platform? Or care to share thoughts / opinions on why CB sucks so unbelievably...
We look to Buy at 84.07 (stop at 66.49)
Price action looks to be forming a bottom. Price action looks to be forming a bullish flag/pennant. Dips continue to attract buyers. Further upside is expected although we prefer to set longs at our bespoke support levels at 80.00, resulting in improved risk/reward. Expect trading to remain mixed...
Coinbase x Meta NFTs x Blackrock
Wait for the confirmation tho
Hey folks, I am Nav!
With this account, I am trying to journal my trades. And I like to keep my trades extremely simple and uncluttered.
Please use the areas highlighted as support,confluence or resistance and plan accordingly & responsibly
If you liked my idea, please check others and follow...
We look to Sell at 63.59 (stop at 70.72)
The primary trend remains bearish. We are assessed to be in a corrective mode higher. A move higher faces tough resistance and we remain cautious on upside potential. Preferred trade is to sell into rallies. Trading volume is decreasing.
Our profit targets will be 45.94 and 41.01
We look to Sell at 71.83 (stop at 79.49)
The primary trend remains bearish. We are assessed to be in a corrective mode higher. A move higher faces tough resistance and we remain cautious on upside potential. Preferred trade is to sell into rallies. We have a 61.8% Fibonacci pullback level of 69.06 from 83.32 to 49.02.
Our profit targets...
Measuring the ascending triangle and observing my other indicators, it looks like we might push up to the upper 30k's. considering we bottomed out at around 25k ish, depending on your exchange of course, i would say that we could start seeing an aggressive move to the upper 30s and consolidate within the 30 to 35k range for a while. Whats great about looking at...
OXT is an interesting coin in that the charts have always been a little easier to read than most others. OXT is currently in its low ends of the price spectrum, which means people are scooping up coins prepping for the next run up. OXT tends to shoot up out of no where and as you can see in the chart, it seems to pop up roughly every 8 months. If this cycle...
Price of Kucoin token have been increasing significantly form 1$ to 28$ and still it could be the next Binance coin and the investment for future in this coin can give 2X , 5X or more than 10X gains .
GO long if the price breaks above 22$ mark
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#CoinBase Technical Analysis:-
$Coinbase Currently trading at $147
And this is Trading above support Trend Line.
I am expecting Bounce back from here.
My First Target of CoinBase is $209
$209 Level is Resistance zone.
So If this break upward then We can see $350 level.
I am expecting $350 within One year.
Its My own view.. Not Financial advice.
Coinbase - Short Term - We look to Sell at 193.04 (stop at 207.65)
Preferred trade is to sell into rallies. Trades with a bearish descending triangle formation. Trend line resistance is located at 200.00. The primary trend remains bearish. There is no clear indication that the downward move is coming to an end.
Our profit targets will be 137.94 and 129.55
I expect Coinbase, if not run an Super Bowl ad, then at least to be extremely bullish before the event and few days later.
My price target for COIN is $230 in Q2 and $263 by the end of the year.
Looking forward to read your opinion about it.
Coinbase - Short Term - We look to Sell at 220.20 (stop at 238.84)
We look to sell rallies. Previous support at 220.00 now becomes resistance. 20 1day EMA is at 210.00. The primary trend remains bearish. The move lower was negative for sentiment and confirms our bearish bias. Further downside is expected although we prefer to set shorts at our bespoke...