Coin
Coinbase ($COIN): Evolving Beyond a Crypto Exchange Coinbase ( NASDAQ:COIN ): Evolving Beyond a Crypto Exchange 🚀
📈 Revenue Soars
In Q3 2024, NASDAQ:COIN reported $1.13B in revenue—up 81% YoY. Subscriptions and services, like interest from USDC reserves, fueled growth. Trading volumes? Volatile but still impactful.
🗓️ Key Date: February 19, 2025
Mark your calendars for Coinbase’s next earnings report. With subscription revenue growing, all eyes are on NASDAQ:COIN 's ability to weather crypto market uncertainty.
⚖️ Regulatory Tailwinds
A recent legal win may pave the way for more favorable crypto regulations. This could bolster Coinbase’s position as the go-to U.S. exchange.
📊 Valuation: Undervalued?
With a P/S ratio around 6, NASDAQ:COIN appears undervalued compared to past highs. But remember: crypto volatility and regulatory risks remain significant factors.
💡 SWOT Snapshot
Strengths: Leading U.S. crypto brand, regulatory compliance, diversified revenue streams.
Weaknesses: Reliance on crypto market conditions.
Opportunities: Institutional adoption, regulatory clarity, and new services.
Threats: Rising competition, regulatory shifts, and tech risks.
📉 Risks to Watch
Market swings affecting trading revenue.
Competition from DEXs and centralized exchanges.
Security and platform reliability.
💬 What’s your take on NASDAQ:COIN ? Comment below
🚀 Buy for long term
🔄 Hold and watch
🚫 Too risky, avoid
STRUMP - Could it present an incredible buying opportunity?Super Trump looks like more lower lows are ahead. Simplicity is key here. Don't worry about 100 different signals. Look at the core signals that work best for you. Mine are very simple and I know how to make them work and 'jive' together. Volume is bleak, all red. Blue trend line breach is unlikely. Hurst (time) cycles says that we're 1/2 way through a cycle which infers more down. The signals that would give me the highest confidence of a reversal are a few green bars on the volume, a blue trend line decisive break-out and a few more exchanges on-boarding this eclectic meme coin. I wouldn't bother, stay away. Follow and share for more.
TRUMP - High volatility, no highs to be seen - yetIt looks as though the TRUMP coin is trading within a range. Lots of chop, but no clear sign of a breakout to the up or downside. The recent red candle shows an 85% correction in one day. That's hugely impressive and will low liquididy this 'meme' coin could also fall off a cliff to the same degree. Sorry but there's too much at risk here, especially being connected to geo-political events and instability. Either way, it looks to be bouncing off the bumbers for now in a succinct WXYXZ fashion. Either trend line breach will signal a higher high or lower low. Follow and share for more.
THE TRUMP RETURN GAME.. DAY TRADE POSSIBLITYTHE TRUMP GAME.. DAY TRADE POSSIBILITY
We did add yesterday a trump update and closed with an increased range.
This new price change TRUMP/USDT seems interesting for a live follow and for this reason, we will focus on the return of the coin and maybe there is more than just a return. new volume can bring interesting things with it.
Coinbase: Wave (v) of [iii]!At $241, Coinbase recently reached a new local low, after which the price surged an impressive 17% at its peak. Thus, we now consider the blue wave (iv) as complete and locate the stock in the blue wave (v), which should push to new all-time highs to complete the larger wave of the ongoing magenta upward impulse. However, this upward trajectory will be postponed if COIN encounters selling pressure and falls below the support at $224. We assign a 33% probability to this alternative scenario.
COIN buy setup for near term equity or long call options tradeStrong buy rates indicating we have another solid bounce approaching into end of Jan 2025/ next FOMC meeting, to take price to 302$ target level. Great setup for a long call options trade for 30-45 DTE duration.
Expecting additional volatility after peaking above 300 so will look for discounts once again before seeking entry on calls for Sept.
Weekly and monthly tf cycles analysis indicating COIN share price is preparing to run strongly higher to 750$ and 1000$ targets by early 2026. VERY Very bullish from my standpoint, given its fundamentals and disruption of traditional banking/finance sectors.
Falling wedge on Bitcoin - A bullish signal - End of correction?I can see a falling wedge or flag pattern on the BTC-USD chart. The price hit the support zone around 92K and triggered a bullish price action that might be the end of the correction. I expect a short-term reversal from a bearish to a bullish trend in a neutral medium-term trend as long as the price stays within the wedge or flag. If the price breaks the pattern up, the medium-term trend could change into bullish again. If the trends turn bullish, the price might attempt to break the resistance zone around $105k by March 2025.
Technical Report: Bitcoin (BTC-USD) Looking DownwardTechnical Report: Bitcoin (BTC-USD) Looking Downward
H ello!
The current technical picture and the recent market activity points to the Bearish perspective of Bitcoin (BTC-USD). Having passed the powerful psychological support at $100,000, many signals suggest we’re on the verge of correction, with target support in the $92,000 area.
Weak RSI Signals Overbought Conditions
The Relative Strength Index (RSI) is one of the primary indicators hinting at a potential decline. Currently, the RSI hovers around the 60 mark, resistance, reflecting weak momentum and failing to indicate a robust buying trend. While an RSI above 70 typically signals overbought conditions, the lack of a strong rally and an RSI below 50 often signal bearish sentiment. This suggests Bitcoin’s earlier bullish momentum may be fading, increasing the likelihood of a near-term price correction.
Rising Bitcoin Dominance
Another key factor is the rising Bitcoin dominance within the cryptocurrency market. Bitcoin’s growing market capitalization relative to other cryptocurrencies may signify a shift in investor sentiment, positioning Bitcoin as a safe haven amid altcoin volatility. However, this trend could also indicate fear-driven behavior rather than confidence, with investors hedging against broader market instability.
If Bitcoin dominance continues to rise without a corresponding price increase, it might signal an impending sell-off. Investors could be looking to liquidate their positions amid market uncertainty, potentially driving Bitcoin’s price downward.
Regulatory and Macroeconomic Pressures
Recent regulatory developments and macroeconomic factors also threaten Bitcoin’s upward trajectory. Heightened scrutiny from financial regulators worldwide has created uncertainty in the market. Proposals for stricter regulations on cryptocurrency exchanges and potential tax implications could dampen trading volumes and dissuade new investors. This regulatory pressure may contribute to bearish sentiment.
Macroeconomic factors, including rising interest rates and inflation concerns, further complicate Bitcoin’s position. Traditional investments offering higher yields may become more attractive, reducing Bitcoin’s appeal as an alternative asset. In this environment, the $100,000 resistance level becomes a critical barrier. Failure to breach this level could trigger significant selling pressure.
Price Projection: $92,000 Support
With a weak RSI, potential for increasing Bitcoin strength, and the latest regulation headlines, a strong reversal below $100,000 seems foreseeable. If it doesn’t have support above $100,000, then it could sink right back into the $92,000. This has been a level that has been resistant in the past, but an attack would open the door for more losses.
Currently technical analysis and overall market picture shows Bitcoin (BTC-USD) in bearish direction. The low RSI also signals lost upward momentum, rising dominance and regulatory issues mean that there could be instability. When Bitcoin reaches the important $100,000 resistance, traders should be patient and prepare for a drop towards $92,000 resistance. Conditions are not set in stone, so stay on top of what’s to come as Bitcoin’s price action shifts.
Regards,
Elysian Signals
COINBASE approaching the 1W MA50 and turns into a Buy again.Coinbase (COIN) has gone a long way since our September 09 buy signal (see chart below):
Even though it marginally missed the $360 Target, the pattern served in an excellent way those investors who bought at the bottom of its dominant 2-year Channel Up. The September - December Bullish Leg was by a narrow margin, the shortest (+141.45%) of Coinbase's total 5 major rallies within this pattern.
As the price is yet again approaching the 1W MA50 (blue trend-line), it is gradually turning into a Buy opportunity again. Even though the shortest Bearish Leg has been -38.74% and that currently places the projected bottom level a little over $215, the 1W RSI has already broken below its MA (yellow trend-line), which has been the ultimate buy signal on all previous technical corrections with the exception of last April.
As a result, there are more probabilities to see COIN resume the 2-year bullish trend, with the Risk/ Reward Ratio (RRR) turning favorable again. A Dollar-cost-averaging strategy is also suited for those seeking less risk.
Our Target from now on is $500, which represents a +141.45% rise (as mentioned above, the shortest within the Channel Up).
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Opulous ($OPUSDT): Bullish Setup for a Strong Move
I spend time researching and finding the best entries and setups, so make sure to boost and follow for more.
Opulous ( BINANCE:OPUSDT BINANCE:OPUSDT ): Bullish Setup for a Strong Move
Trade Setup:
- Entry Price: $1.686 (Activated)
- Stop-Loss: $0.595
- Take-Profit Target:
- TP: $5.145
Fundamental Analysis:
Opulous ( BINANCE:OPUSDT BINANCE:OPUSDT ) is a revolutionary platform combining decentralized finance (DeFi) with the music industry. It enables artists to mint music as NFTs, allowing fans to invest directly in their favourite creators. This innovative approach to music rights and revenue sharing is gaining traction, with BINANCE:OPUSDT positioned as a key player in the growing MusicFi sector.
Recent partnerships and collaborations with global artists have further enhanced its visibility, making BINANCE:OPUSDT BINANCE:OPUSDT a token to watch in 2024.
Tokenomics Overview:
- Total Supply: 500 million BINANCE:OPUSDT tokens.
- Key Utility: Facilitates transactions for music NFTs and DeFi staking.
- Community Growth: Rapidly expanding user base with increasing NFT volume.
Technical Analysis (Daily Timeframe):
- Current Price: $1.898
- Moving Averages:
- 50-EMA: $1.700
- 200-EMA: $1.500
- Relative Strength Index (RSI): Currently at 65, reflecting bullish momentum nearing overbought levels.
- Support and Resistance Levels:
- Support: $1.600
- Resistance: $2.000
The price action indicates that BINANCE:OPUSDT BINANCE:OPUSDT is on a bullish trajectory, having already activated the entry level at $1.686. With strong support at $1.600, the token is poised for a breakout toward the take-profit target of $5.145.
Market Sentiment:
Community engagement around Opulous remains high, with significant interest in its MusicFi use cases. Social media chatter and increasing trading volume reflect growing confidence in its long-term potential.
Risk Management:
A stop-loss at $0.595 limits downside risk while allowing room for volatility. The take-profit target offers a massive **205% return** from the entry point, making this a high-reward setup for mid- to long-term traders.
Key Takeaways:
- BINANCE:OPUSDT ’s innovative approach to music rights through NFTs positions it as a leader in the emerging MusicFi sector.
- The trade setup offers an excellent risk-to-reward ratio, aligning with the token’s bullish momentum.
- Long-term holders could benefit significantly from this breakout opportunity.
When the Market’s Call, We Stand Tall. Bull or Bear, We’ll Brave It All!
*Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Traders should conduct their own due diligence before making investment decisions.*
HAWK - Full speed decline, what a piece of junkWhat a trajedy. Sorry if you're one of the unlucky ones who have lost money here. It just shows that technical analysis, a steady hand and an a total side-stepping of FOMO is critical when trading. This coin is trash and I'll give anyone who has lost any money a number of free signals and charts to support them in their journey back to the big city lights. So sad, but it's going to plump 0 where it'll most likely be delisted and sold for spare parts. Follow for more.
bnbusdtWe have a correction up to the range of 585. After this, we will encounter the trend line and break the resistance and the price will move up to 930
bnb, an attractive currency for investment from 6 months to one year
(( Excellent with a strong support ))
** The target of 30,000 is not far off **
This analysis is brought to you by the FXonbit Traders Team
FULL Trading Portfolio Update! How I'm positioningFULL Trading Portfolio Update! How I'm positioning for what comes next in the markets.
In this video, we will discuss:
-How I'm positioning my trading portfolio right now
-All my current H5 trades
-All trades I CUT loose
-What comes next!
Check it out now for all the updates and some great trade ideas
Not financial advice.
Binance stalled, but will go higherBinance coin is stalled undertaking a long-term inverted head and shoulders pattern. There is likely to be a bit more down, before busting through the upper trend line on to new all time highs. Keep a close eye on it, as it's buffeting nicely. I'd take a long trade once there's confirmation of the upper trend line being decisively breached. Else, we might see a failed head and shoulders. Keep a close eye and follow for more.
COIN 260 - 273 AFTER EARNINGS ?Why Coinbase Could Soar to $260 Post-Earnings
Coinbase, the renowned cryptocurrency exchange platform, has been making headlines with its impressive financial performance. As we approach the next earnings release, there’s a palpable buzz around the possibility of the stock price hitting the $260 mark. Here are some compelling reasons why this could become a reality:
Strong Earnings Report: Coinbase recently reported earnings per share (EPS) of $1.04 for the quarter, significantly surpassing analysts’ consensus estimates1. This positive surprise is a testament to the company’s robust revenue generation and cost management strategies.
Revenue Growth: The company’s net revenue reached $905 million in the fourth quarter, marking a 45.2% increase from the previous quarter2. This surge in revenue reflects Coinbase’s ability to attract and retain a substantial user base, despite the volatile nature of the cryptocurrency market.
Profitability: For the first time since the fourth quarter of 2021, Coinbase reported a net income of $273 million2. This return to profitability could be a strong indicator of the company’s financial health and operational efficiency.
Market Position: With a mission to increase economic freedom worldwide, Coinbase has established itself as a leading platform in the crypto economy3. Its comprehensive suite of services, including trading, staking, and safekeeping, positions it well to capitalize on the growing interest in cryptocurrencies.
Analyst Optimism: Some analysts have set high price targets for Coinbase, with predictions reaching as high as $2764. This optimism is fueled by the company’s consistent performance and the expanding adoption of crypto assets.
Technological Edge: Coinbase is not just a marketplace for crypto transactions; it’s also a technology provider that enables developers to create innovative crypto products3. This dual role could be a key driver in the company’s future growth and stock price appreciation.
Macro Factors: The broader financial market’s sentiment towards cryptocurrencies and blockchain technology can significantly impact Coinbase’s stock. Positive developments in the crypto space often translate into increased trading volumes and higher revenues for exchanges like Coinbase.
XRP Brief scenarioHi Traders,
This is my trading scenario.
Hope it can help you for your trading strategy.
Make sure this is just scenario. please plan your own trading strategy too.
Waiting is most important key to be a long term trader.
Emotion is just biological reaction from your hormone, memory and body.
Good luck.
Coin Daily Chart $COIN Bull Flag🚩 **Coinbase ( NASDAQ:COIN ) Daily Chart – Bull Flag Formation!** 🚩
Coinbase is printing a classic bull flag on the daily chart, hinting at potential continuation to the upside. Traders are watching for a breakout above the flag's resistance to confirm the move. Momentum could accelerate quickly! 📈
#SPX500 AMEX:SPY NASDAQ:QQQ #BITCOIN #CRYPTO