Quick trade idea here. Price volatility is +/- $50 per month for COIN. So, 5/31 -6/07 is an adequate time frame for COIN price to enter our exit zone of the white box. Red box is distrubition, green accumulation, exit white box. Simple, happy trading.
Right now saying COIN or BTC is the same, if you want to know where the market is headed. Where Bitcoin goes, Coinbase follows. Bitcoin is headed lower. We are going to be looking at Coinbase (COIN) on the weekly timeframe. First, we have the classic rounded top pattern, kind of like an inverted cup; we know this pattern to be a top signal. ➖ The week...
Earning release ahead Can expect upside potential of 20% from here
Clean liquidity being built. We know what to look out for
Using Fibs and previous history I show the possibility that Coinbase is about to start wave 3 of 3 up towards 500.
I think the price of Coinbase will go up at the moment. It is a stock so nothing tomorrow because of Sunday May 12th 2024. I meant the following monday and week.
Coinbase reminds me a lot of BNB in the crypto market (2021 days). Coinbase has done remarkably well in the past one year. Earnings were good but investors/traders shunned the stock. The reasoning came down to costs increasing even though revenue estimates were knocked out of the park. The other reason mentioned, I believe this has more merit, Bitcoin prices....
1st target 280 USD 2nd target 377 USD As trend line
Coinbase's stock price has been in a downward consolidation phase since March, with a key level zone identified at $190. This zone represents previous highs and serves as a crucial support level during this period. A breach below $190 could trigger selling pressure, potentially pushing the price lower towards the open gap at $143. This scenario suggests that a...
Continuation of the previous COIN analysis. More bearish patterns have formed since the time of the previous analysis. We now have a head and shoulders pattern. Head and shoulders usually go to at least 1.61 extensions of the head. This is a bit under 180 in COIN, so I am buying puts for that strike.
Coinbase Global ( NASDAQ:COIN ) and CEO Brian Armstrong are facing a class action lawsuit from complainants claiming that the company misled them into buying securities. The lawsuit argues that digital assets listed on Coinbase are securities, and they also allege that Coinbase Earn accounts violated securities laws by advertising and promoting for higher yields....
COIN is registering massive volume surge this past few days / weeks. The weighty net buying attributed to market's anticipation to both fundamental and technical upside valuation. Price has started shifting notably since it's last 'green' calls on its earnings report last March 2023 where EPS beat by +150% over expectation. Since then the company has experienced...
As we consider this move as a deviation this looks like a low-risk setup. There is an imbalance and RL level and the stop loss level is in important level. If we stop out price will reach lower imbalances. 🙏👀 Coinbase earnings are very good.
COIN is looking really good here on the daily chart. Reclaimed the 50 EMA after that bounce, and MACD is about to flip bullish. Targets $260 to $280.
As I had pointed out in my BTC idea, I believe we are in a distribution phase. BTC will pull the rest of the market down along with it. Where there is panic, there is opportunity. NFA.DYOR. Placed buy orders around $128. Can change, as PA develops.
Coinbase (COIN) completed a 2-day green streak following a Lower Low within the Falling Wedge, which is technically the Bearish Leg of the 6-month Channel Up pattern that started on the October 27 2023 Low. By tomorrow the 4H MA50 (blue trend-line) would have crossed below the 4H MA100 (green trend-line), forming a Bearish Cross, which is a pattern last seen on...
Good chance to bounce and execute the head and shoulder pattern. Fingers crossed!
Double top at the .618 fib Slightly higher high with the indicators showing bearish divergences. The RSI is showing bearish div The Macd showing bearish Div plus a cross down of the averages, The williams %r also turned down showing bearish divergences. Bitcoin is in a head and shoulder pattern with a target of 5-6k. Coinbase probably headed for 20 or lower....