COIN Nearing A Possible Buy Area Looking for a target of 57 on 5/17 first. Then let's see if that future target gets tested.Longby GannJourneyman558
COINBASE COIN Moving into buying zone Nasdaq StockCOINBASE COIN Moving into buying zone Nasdaq Stock lower side it can go 120/110/100/75 - higher side upto 280 if crosses 2-3 resistanceLongby XDataAnalystUpdated 7
Chart Coinbase Stock Against Bitcoin?Since the main revinue stream for Coinbase is crypto trading, and crypto volume rises as Bitcoin rises + falls as Bitcoin falls, we can assume it's a good idea to chart Coinbase against Bitcoin rather than USD. As you can see, even doing this it is still down almost 70% from it's highs which to me *screams* buy here. I am loading up the truck. See you on the other side.Longby bowtrix1
COINNot financial advice. The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.Shortby Crypt0poliSUpdated 996
Pick up that Coin at Actual Floor. JeezEven without chart pattern indicating bounce from here I am a Buyer of shares and mid term calls at this level. Could be a bullish AB==CD with slightly inflated ratios. I realize the general ratios for these are 0.618|1.618 but I have performed backtests on this pattern in general and there is some wiggle room around these, COIN fits the bill here with the ratios shown on chart. Other factors that indicate a post-earnings bounce (likely major bounce) is on the table with todays low marking the bottom: - BTC at infamous 30k support which will likely be the spring low in a major wyckoff accumulation phase before markup to new highs - COIN will follow - Symmetry of B to C and C to D just over 120 days - bullish divergence in the Accumulation/Distribution - This is a great risk/reward especially long-term Targets: Initial target over the next couple weeks is 150 (near term) Intermediate Target will test that overhead around the B at the 0.5 fib (low- mid 200s) (mid term) Target is a full 1.0 retracement to that C at 369 (long term) Sincerely, JeezLongby JerryManders6
Coinbase & BitcoinHere's a Coinbase (COIN) 1 day chart, 1 year view with Bitcoin (BTC/USD) comparison. As you can see, since COIN went public its price discovery chart pattern has closely correlated with BTC's chart patterns. I have the tickerTracker MFI Oscillator set to Fibonacci 21, blue for BTC & yellow for COIN to see their convergence & divergence. On the main chart you can see BTC chart pattern overlay with the blue line and a COIN high/low trend channel set to SMA21 in white. And FibVIP set with its top/bottom spread for COIN volume ema at 7.5M. Based on Bitcoin's trajectory this Spring and taking into consideration all of the above technical factors, a very reasonable 1-month target analysis for COIN is $265. Not to say they won't be bumps in the road on the way, this won't be a straight line up for 4 weeks because Bitcoin will have its pullbacks on its bull run up. Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *options use 100x leverage you could lose everything* There are many types of options trading strategies and positions, simple to sophisticated & hybrids. I group them into theta, delta or mix strategies and bull, bear or neutral positions. There's a buy side and sell side to every trade. If you check the open interest (OI), you can see how liquid it is. Check how wide the bid vs ask spread is. Theta: iron condor iron fly covered call cash secured put calendar spread collar Delta: call put straddle strangle debit spread credit spread Bull: call put credit spread call debit spread cash secured put Bear: put call credit spread put debit spread covered call Neutral: straddle strangle iron condor iron fly collar (often used for downside insurance) calendar spread (short or long time) Options important variables: Strike = share price itm, atm, otm = strike position Expiry = Date of expiration Value = H, L & Mark Liquidity = bid vs ask spread Direction = put or call OI = open interest V = volume CP = chance of profit IV = implied volatility Delta = price Theta = time Vega = volatility Gamma = momentum *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.comLongby Options360Updated 2
Pick up that COIN when it hits da floorWhen a coin drops it is merely instinctual to pick it right up, thats money we're talking about, can't leave it on the floor... Using a term I coined, harmonic wolfekraft, I have obtained the following scenario for COIN. Summary - Look for a bounce around 135 this week (4/18-4/20 range most likely). The bounce zone is 130-140. If it drops below that we might have a bigger problem on our hands and it could drop as low as 92. More likely to bounce in zone though. - Initial target of 166 by around 4/25 (before the Apr 29 expiry) - Intermediate target of 227 -240 by mid-June (the 227 is actually possible by 6/2 ) - Max Target by 6/24 is 350s - this is theoretically possible, but not statistically plausible... the time-series adj. target by 6/24 is 288. Explaination : - The bigger picture is that COIN is working toward completing a larger bearish harmonic, with the X at its ATH right after its IPO, the C is TBD but I used logic from the nested smaller harmonics within, levels from wolfe waves, proprietary control charts, and MMM by how options are currently priced to determine a bounce zone/bottom likely in the 130-140 range (worth watching closely this week). - Within the AB of the larger developing harmonic, COIN completed a nested bearish Crab within a bearish deep crab back on 5/12/'21 - 11/9/'21. From there it started downside to the larger C. - There is a new nested bearish harmonic development that aligns with a bottoming around 135. A bounce from around 135 would setup for a potential completion of a nested Bearish A Butterfly within a slightly larger Bearish A Butterfly, and interestingly, their D would form right at the intermediate targets I am getting using wolfe-wave EPA-ETA off the 1-4 resistance. These same levels are also showing up as critical levels in a stability monitoring algo I created using control charts and robust rando cut forest. Essentially, below 135 in a weeks time would make COINs level a statistical outlier with over 90% probability of explosive bounce. - looking at the MMM for Apr 22 the range is 135 -160 which aligns with bounce zone and point bounce level. The MMM for Apr 29 is priced for 130-165 - the initial target/time to target I am getting from using the minor wolfe wave (blue) in chart is 166. I do love this setup. Note the relatively huge wolfe wave buy signal that just occured (bottom panel (wws)); at smaller time frames (5-15 min), there are trace buy signals starting to show up which indicates bounce is near. - finally, the intermediate targets using the major wolfe wave 1-4 projection (grey in chart) are, indeed, statistically plausible: fitting a time series model to COIN, an optimal selection is ARIMA(2,1,2) w/ p = 0.42. The upper 80-95% Prediction Interval on 6/2 (223-263) spans the intermediate target range of 227-240. The adjusted target by 6/24 of 288 is the 95% PI.. although such a move would be kinda crazy, it could occur in a scenario where BTC explodes and COIN follows and runs to meet its 1-4 projection prior to ETA (not impossible, but not expected TBH). I am expecting a bounce to initial target and then a continuation on that momentum to the intermediate target range and am considering the following play (FOR THE CURIOUS, OBVIOUSLY NOT FINANCIAL ADVICE): COIN May 13 160 calls IF it bounces at or before 135 this week COIN June 17 185 calls IF it bounces at or before 135 this week Bless you all, The Alpinist Longby JerryMandersUpdated 669
Coinbase Investment ThesisI like Coinbase. I've had my eyes on it ever since it launched over a year ago, back when I was still in highschool. I was patient and waited for it to fall, because I didn't think it was at a fair valuation. Now that we have seen a decline of 76%, the patient wolves can feast knowing that they are getting a good deal. 1: It has a solid 424 thousand traders on Webull 2: It sold off massively (Down as much as 76% from the highs) 3: Coinbase has a virtual monopoly on the US market for cryptocurrency and massive brand recognition 4: Strong wave structure 5: Coinbase NFT is out now! I think this will definitely turn around the stock because NFTS can be a new revinue stream for Coinbase and bring in new customers (products). *wink* In a way I think Coinbase is really the same as Robinhood: It extracts value from retail crypto traders. This could mean that if we do see Bitcoin crash to 25k, Coin would also get punished because retail would exit and stop providing volume and fees to the platform. Coversely, if we see Bitcoin rise above 100k combined with a successful launch of Coinbase NFT, I see no reason why Coin wouldn't rise to new highs. Coin is also trading at 7.70 P/E which is VERY cheap for stocks in today's market. No reason why it couldn't reach even 20 P/E if momentum picks up. Thanks for playing. Investing is the best game ever: It's a positive sum game, and this is a positive EV bet for those with the balls to take it and the guts to hold though some bloodshed.Longby bowtrixUpdated 5
COIN Bear Run - PitchFork - Bear SignalMarket is not helping BTC, and BTC is not helping COIN.Shortby mhmastergroup0
Coinbase needs some helpHello Friends! Like it or not Coinbase trades at the mercy of Bitcoins price action. Even with their new NFT marketplace, it’s been a hard sell for them to convince investors that they have more than crypto trading. It’s in a falling wedge pattern and looks oversold. Any good news might pop this up to the upside. With earning around the corner and crypto trading volume lower year over year, Coinbase might need some help next week. I'm just watching this from the sidelines. As always thanks for your follows, likes, and comments. Let’s learn and grow together. Cheers! *This information and publication is not meant to be, and do not constitute, financial, investment, trading, or other types of advice. Do your own research. by MoneyFishing0
Coin to 100, target reachedhead and shoulders target reached. It probably gets a bounce from earnings, but I think it goes lower from here eventually. See BTC analysisby the_sunship1
Coinbase Support has been reached or will be breachedwatching coibase if it holds support and doesnt break lower could retrace rally up to earnings by HighestLevel5
COINBASE - bearish, unfortunatelyPrice is down by 70% from the ATH/ post-IPO. I assume the best price to enter is around $70. That is quite far from the current price, another 30% down still possible and probable.Shortby UnknownUnicorn3382580116
Friendly msg to all shortersHi Guys. (shorters) Now, you have all had some fun, am I right? Sadly, all good things must come to an end. and I am here just to give you a prediction on when that time will be. - Late May, Middle June, is when the pain cycle probably begins for shorters... So its time to pack up your bags boys, and move on the greener pastures, We had some goodtimes,.... Best of luck in your future efforts degrading the value of other peoples dreams. hahaha Meow..... Longby The_Master_224
Coinbase (NASDAQ: $COIN) Looks Ready To Bounce Hard! ⚽Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.Longby Bullishcharts4423
Short $COIN CoinbaseI'm shorting Coinbase, my target price is $75, I will exit all my positions at $75. Shortby fokingalpha110
Coinbase looks very bullishMost of our trades & analysis are private, once in a while I make analysis public. This looks pretty promising. Always remember to manage your risk. Longby KCFUNDSUpdated 4
COIN Bear Run?Coin is descending in a bear market as indicated in the PitchFork, but It is close to the bottom of a descending channel. For Now COIN is in a critical zone. PD: Not Financial Advise.Shortby mhmastergroup3
100% Profit by the end 2022 #COIN CoinbaseMultiple indicators show bullish signs for Coinbase Good time to load when everyone is scared.Longby dcpypt2
HowTo - Find REAL Pivot/Swing Highs & LowsWant to avoid unnecessary stops and find REAL market structure? Here's you can improve, hiding your stops, and identify a REAL turn in the current flow of price. Questions? Ask! #learntoearnEducationby Tr8dingN3rd4
Market Analysis On US500 - Buying The Dips Slowly But GraduallyIn this video, we talked about what i am seeing in the markets right now and the reasons why i am personally accumulating. Us500 has been dipping slowly gradually and we have been smart with accumulating it. Momentum indicators have been showing some weakness but we see an opportunity in the price location. Let's see if we can build some more buy signals with the help of these great tradingview tools we were able to create and use thanks to tradingview. Best wishes Bugra Long13:15by MegalodonTrading1110
BULLISH Setup in COIN Coinbase daily chart shows a Wolfe wave setup before earnings. Due to the uncertainty around earnings and sentiment in BTC, which is currently trading under $42000, I am expecting price to attempt a rally post earnings. If BTC reclaims the 6 day ma then I may consider opening an early position in COIN in anticipation of a crypto rally. BTC rally would be one indication that coin may begin a rally. If I were to open long call contracts, I would consider 3 months dte strikes around $225. Based on today's price action, I am more inclined to sit tight and wait for post earnings results rather than anticipate a run up into earnings. Hope this helps. by TOSOPTION332
COIN is very undervalued right nowI am not buying it yet because i see it as a cyclical. It's cycle is in lock step with the BTC cycles. So i don't intend to buy it this year. But next year who knows how low it would have fallen. I would't be surprised if i see it under 100. Then i might get a few shares. The idea is very simple you are buying the picks and shovels and not crypto directly.Longby BGMind_Control4