Coinbase Global (COIN) rose as high as our last target (March 05, see chart below) and has been pulling back since: The best way to view this short-term correction is on the diverging Channel Up (blue) which started on the October 27 2023 bottom. As with the longer term Channel Up, it consolidates considerably below the 1D MA50 (blue trend-line), with the...
CLSK on a 120 minute chart is in a gradually falling parallel channel. At this time price has topped at the channel's resistance trendline. The RSI has bearish divergence while the predictive algorithm shows a forecast of a trend down this upcoming week. I will short trade CLSK here with a stop loss at 20.6 above the channel and target of 14.75 near to the...
On the 15-minute chart- RIOT uptrended and then retraced. It is now supported by the standard Fibonacci retracement zone and UNDER the intermediate term mean anchored VWAP. On the RSI indicator, the signals are UNDER the 50 level another suggestion of direction being forecasted. In the meanwhile BTCUSD is trending down. while RIOT is not trading. I will watch...
Coinbase is on a bullish 1D technical outlook (RSI = 64.977, MACD = 22.160, ADX = 33.325) but at the top of the Channel Up. The 1D RSI Bearish Divergence on LH suggests that a similar top is close to getting formed (or already has) like on December 28th 2023. All major corrections since 2023 have been at a -39% minimum and reached always the 0.5 Fibonacci from the...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at NASDAQ:WULF ... I believe this code is at a point of potential volatility. If price can hold above $2.05 ... Bullish potential may be unlocked. My key upside targets include: - $2.86 (Conservative) - $3.80 (Medium) - $4.84 (Aggressive) ...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at NASDAQ:RIOT ... I believe this code is at a point of potential volatility. If price can hold above $14.44 ... Bullish potential may be unlocked. My key upside targets include: - $18.29 (Conservative) - $24.61 (Medium) - $29.05...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at ASX:FFG ... I believe this code is at a point of potential volatility. If price can hold above $0.035 ... Bullish potential may be unlocked. My key upside targets include: - $0.046 (Conservative) - $0.059 (Medium) - $0.081 (Aggressive) ...
Bitcoin is on the move once again and cracked past $50,000 today a pivotal mental barricade that hasn't been broken in several years since the bear market started and ended and the bull market began. Bitcoin Stocks that mine usually do the best during the crypto bull cycle and the best and lowest of them all at the moment is OTC:CGAC Currently the company is in...
HUT is a volatile small cap in the crypto sector. It has earnings in five weeks and so has plenty of time for a run to the report. On the daily chart, it finds itself in a descending falling more or less parallel channel and testing the lower support trendline of that channel. The last trend down took about six weeks. A Fibonacci 50% retracement would take...
Last time we looked into Coinbase (COIN), we set a long-term target of $150 (November 14 2023, see chart below) that was easily surpassed: At the moment the stock is on a short-term pull-back following the rejection near the 1D MA50 (blue trend-line). It is approaching a dangerous level, the 0.5 Fibonacci of the Channel Up, which is its middle but most of all...
COIN - a crypto exchange stock which's price is positively correlated with bitcoin. Wave 2 could last till the end of Q1.
RIOT is basically a crypto mining company. Bitcoin right now is breaking to highest levels since 2022. RIOT's balance sheet is positive with more assets than debt. RIOT recently spent 290 million USD on purchasing new and advanced bitcoin mining rigs as well as a contract to buy a lot more of those in the future with MICROBT. Technicals show breakout after...
In the past, now many years ago, we would have the "wait for the confirmation" crowd which turned into "wait for the earnings"... MicroStrategy (MSTR) is trading below EMA50 weekly. Is this a bearish or bullish signal? Should we "wait for confirmation"? Meaning, wait for it to break and close above EMA50 before taking action! In a way yes, this can be done...
Lovely Cup and Handle has formed 5X sounds alot but it has traded to those heights previously soo, not really. and can go on to smash $5 It's a nano cap #bitcoin miner so position accordingly. Good Luck.
When traditional markets sense optimism, crypto markets go straight to the moon. Bitcoin (“BTC”) has been on a tear this year supported by hopes of spot BTC ETF launch, rising regulatory clarity, and monetary policy easing. When BTC sentiment turns bullish, it leads to sharp outperformance in digital asset-linked stocks as noted previously. Coinbase is a top...
Hi Guys! This is a Technical Analysis of Coinbase (COIN) on the 1 week timeframe. As you can see we have drawn out a Inverse Head & Shoulder Pattern forming in COIN. This is a textbook pattern as it follows to the t the necessary criteria both in price action and volume. Stages of the Price Action Downtrend to form Left Shoulder The rally from Left...
NASDAQ:HIVE :: #usstock #dyor #nfa Note 📌 it's ETHERIUM mining ⛏️ company Holding #crypto stocks is high risk and may cause lose 100% ur liquid 💰 Phase 1 :: BUY ACCUMULATION -> $2.2-2.6 Phase 2 :: BUY ACCUMULATION -> $0.5-0.7 i don't think 💬 it will reach 2nd phase 📍 If that happens sign 🛑 no new high 📌 Will return to ur 1st phase 📍 later...
Hi guys! This is a technical analysis on Coinbase (COIN) on the 1 Week timeframe. On the week of July 10th, we ATTEMPTED to try and break through the $116 ish level, which is the level where our GREEN rectangle Resistance zone begins. BUT got rejected and have been in a DECLINE for about 4 weeks including this week. Note: This weeks candle has not yet closed...