COINBASE ROCKET REFUELING COINBASE - NASDAQ:COIN
Earnings release today AFTER CLOSE
Monitoring Coinbase is a great way to gauge institutional interest in the crypto market, so its good to keep an eye on regardless of takin trade on it.
The Chart
- A pull back here would not be surprising
- Price above 200 day SMA
- Re-test of RSI resistance line ideal
- Bounce of OBV resistance line also ideal
Coin
COIN coiling up for another impulse Up Coin made a nice impulse up this summer from 30-100 and is now correcting and coiling for another move up here.
Its mid term trajectory has a lot to do with whether the macro Equity market is hit hard with what I believe is at least a mild recession coming early next year.
This next impulse up takes us to the 120-130 range at least.
Look for the coming ETF decisions by the SEC to be a potential catalyst for more upside.
But remember...Narrative follows price...so we'll be prepared no matter what the catalyst is
Cheers!
Dump coming soon, be CAREFULTarausdt has already pumped more than 900% in 1 month. Now it reached resistance area. Whales are using same tactics it seems as you can see. with such a crazy pump, crazy dump usually follows. also, RSI in overbought territory.
i expect Tarausdt to correct to 0,0054, it can go even to 0,0045.
KUCOIN:TARAUSDT MEXC:TARAUSDT
BITCOIN Key Levels! Sell!
Hello,Traders!
BITCOIN is trading between
The two key levels
One being the resistance
Of around 30k and the other
Being the support at around
28,5K give or take (key levels
are actually areas not lines, remember?)
And until we see a breakout of
One of the levels the price will
Keep bouncing off of these levels
Which we can use to out advantage
Buy!
Like, comment and subscribe to help us grow!
Check out other forecasts below too!
COIN | Informative NASDAQ:COIN
If the price of COIN breaks above the bullish line of 109.44, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 116.30 and 150.12.
Conversely, if the price of COIN breaks below the bearish line of 100.58, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 85.35, 19.08, and 73.20.
*Slightly, I'm bearish based on the daily candlestick.
Coinbase long SetupWe think Crypto is about to trigger a weekly bullish pattern break to the upside.
Lets see if Coinbase can maintain is wide range green bar breakout.
We are testing key support that has been reistance numerous times in the last 12 months.
This is the beginning of a potential SR flip.
Time will tell: Close tight stops.
COIN Hammer off of Lower BBandCoinbase put in a hammer candle yesterday after a bounce off of the lower Bollinger Band which can be read as a potential bullish signal seeing as how price is seeing a further advance today on a strengthening Bitcoin price.
The PPO indicator is still reading short-term bearish momentum with the green PPO line declining below the purple signal line. Both lines remain above the 0 level though so this decline in price since mid-July can be viewed as a bullish pullback.
The TDI indicator shows the green RSI line trending back up after holding above 40 and is close to crossing back above the 50 level which could indicate a shift to bullish price trend forming. What we want to see is for the RSI line to continue to rise and cross above the 60 level as a sign of a true shift to bullish price trend. When the RSI is trending between 40-80 the overall price trend is considered bullish, so for now the RSI can be interpreted as a being in a bullish pullback.
Back in a Coinbase trade after being stopped out last month when price spiked above $100 then declined. Watching for a potential move back to the center Bollinger Band which rests just below $100. Should price top the center Bband then a move back up toward $110 will be in play.
Buy price for me today was at $87.40. Current stop-loss order is set just below the hammer candle and lower Bband at $81.17.
Coinbase (COIN) | Solid Price Action From The Current Bottom.Hi,
COIN has made quite a decent bottom price action but is it enough? Some months ago mentioned in the chat room that $50 can be the spot from where to grab it technically, and back then it worked quite well. The second option was after the breakout above $75.
Currently, we have a break above $75 and for me, this is quite a decent breakout - this mini bullrun managed to push above:
1. Bottom price action has drawn a bullish chart pattern called Inverted Head & Shoulders and it is activated because the mini-bullrun managed to break above the pattern neckline - now, if the price comes back and retests this area then it is an optimal buying zone and it should act as a support level.
2. Weekly EMA50 supporting the price. Basically, the average price of the last 50 weeks start to act as a support level of around $75
3. The round number $100 even got broken after the mini-rally.
4. The strong horizontal area itself got smashed and now this entire area should act as a support level to hold the price, gray horizontal line.
* Considering technical analysis then the optimal buying zone should stay between $50 to $75
* First target will update on the chat.
Good luck!
BNB/USDT (4H)--- Rising ralley is comingHi traders,hope you have good time.On the BNB chart, I envision a good rise due to the Bitcoin dominance situation. The 4-hour trend line is maintained and currently has the strength to break through the 260 resistance. If 2 4-hour candles close below 235, this The analysis is violated. The 200 EMA indicator, which is marked by the pink line, the price was able to break it and stabilize above it, which is a good sign. The resistances of 282 and 303 are the most important ranges for TP.
ENTRY POINT:240
STOP LOSS:CLOSE 2 (4H) CANLDLE BELOW 235.4
TP 1:282
TP 2:303
COIN is testing for pressureCOIN is testing for pressure
This chart shows the weekly candle chart of Coinbase stocks in the past two years. The graph overlays the high points at the end of 2021 against the golden section. As shown in the figure, Coinbase stock broke through the upper edge of the current fluctuation range from May 2022 two weeks ago, and confirmed by stepping back at this position this week! And this position also happens to be at the 2.000 position of the golden section in the figure, so the strong pressure above the Coinbase stock is at the 1.618 position in the figure!
ICP / USD (Internet Computer) Coin Analysis 26/10/2021Fundamental Analysis:
The Internet Computer is the world’s first blockchain that runs at web speed with unbounded capacity. It also represents the third major blockchain innovation, alongside Bitcoin and Ethereum — a blockchain computer that scales smart contract computation and data, runs them at web speed, processes and stores data efficiently, and provides powerful software frameworks to developers. By making this possible, the Internet Computer enables the complete reimagination of software — providing a revolutionary new way to build tokenized internet services, pan-industry platforms, decentralized financial systems, and even traditional enterprise systems and websites. The project was founded in October 2016 by Dominic Williams, and attracted notable interest from the crypto community. DFINITY raised a total of $121 million from contributors such as Andreessen Horowitz, Polychain Capital, SV Angel, Aspect Ventures, Electric Capital, ZeroEx, Scalar Capital, and Multicoin Capital, and several notable early Ethereum supporters. In 2018, over 50,000 registerter participants received ICP utility tokens in an airdrop. On December 18, 2020, DFINITY launched the alpha mainnet of the Internet Computer. In a final step towards decentralization, on May 10, 2021, DFINITY launched the Internet Computer into the public domain. This major milestone means that the internet now functions as a decentralized global computer — marked by the release of all of the Internet Computer’s source code into the public domain, as well as ICP utility token allowing tens of thousands of community members to govern the Internet Computer network.
The purpose of the Internet Computer is to extend the public internet, so it can also be the world’s compute platform. Today, the internet is a network that connects everybody and everything, but systems and services currently run from private infrastructure. The scientific breakthrough behind the Internet Computer is Chain Key Technology, which encompasses dozens of advanced technology such as novel Consensus, Non-Interactive Distributed Key Generation (NI-DKG), Network Nervous System (NNS), Internet Identity, etc. Chain Key Technology consists of a set of cryptographic protocols that orchestrate the nodes that make up the Internet Computer. It is one of the fundamental breakthroughs behind the Internet Computer, enabling it to have a single public key. This is a huge advantage because it allows any device, including smart watches and mobile phones, to verify the authenticity of artifacts from the Internet Computer. In contrast, this is not possible for traditional blockchains. The single public key is just the tip of the iceberg: Chain Key Technology is the engine that drives the Internet Computer and makes its operation possible. It allows for adding new nodes to form new subnets to scale the network infinitely; replacing faulty or crashed nodes with new ones without ever stopping; reviving subnets even if too many nodes within have failed; and upgrading the Internet Computer Protocol seamlessly, allowing the network to fix bugs and add new features. The DFINITY R&D team has invented a new noninteractive key resharing protocol. Each of the old signers only needs to broadcast a single message to the new signers. To ensure that this is done securely, many concepts from advanced cryptography are utilized, including encryption with forward secrecy and noninteractive zero-knowledge proofs. Because it is noninteractive, the way the key resharing protocol operates is ideal for an asynchronous environment, and the benefits include key preservation. Throughout the lifetime of a subnet, it is known by a single public key, and the other parties on the Internet Computer do not have to keep track of changing public keys.
At Genesis on May 10, 2021, the Internet Computer is supported by 48 independent data centers — located across North America, Europe, and Asia — running 1,300 nodes. The network will continue to grow exponentially to support the next generation of mega dapps, with 123 data centers running 4,300 nodes scheduled by the end of the year, and eventually thousands of data centers running millions of nodes to support the decade-long building out of the Open Internet. Importantly, anyone can become a node provider, interested parties apply for a Data Center ID (DCID) to the Network Nervous System (NNS), procure specialized machine nodes, install the ICP protocol, and connects to the Internet Computer network.
The scientific breakthrough called Chain Key Technology allows the Internet Computer to run at web speed — where query calls execute in milliseconds, and update calls take 1-2 seconds to finalize. More importantly, at Genesis, the Internet Computer will have a block rate of 2.5 blocks per second (bps), then quickly to an industry leading bps of 10.3 bps, and ~1,000 bps by end of the year. In the case of an open version of Reddit running on the Internet Computer, when a user browses the forum, customized views of the hosted content would be formulated and served into their web browser by the execution of query calls, which run in milliseconds on a nearby node, providing a fantastic user experience. But when a user wishes to occasionally make a post, or provide a tip of tokens to the author of a post, this would involve update calls, which would take 1–2 seconds.
ICP are native utility tokens that play three key roles in the network:
Facilitating Network Governance: ICP tokens can be locked to create neurons that participate in network governance by voting, through which they can earn economic rewards.
Production of Cycles for Compute: ICP provides a source store of value that can be converted into cycles; which power computation in the role of fuel that is burned when it is used. The NNS converts ICP to cycles at a variable rate, so chosen to ensure users of the network can always create new cycles at approximately constant cost in real terms, such that the cost of acquiring fuel is predictable.
Rewarding Participants: The network mints new ICP to reward and incentivize those playing important roles that enable the network to function, including: a) the provision of voting rewards to those participating in governance, b) the provision of voting rewards; to those operating the node machines hosting the network, and c) other miscellaneous activities.
What Do Cycles Do?
Cycles power computation in the role of fuel. They also have a constant value over the long-term, which contrasts with ICP, whose value will naturally vary over time. Moreover, Cycles will be pegged to the SDR, which is a logical currency unit defined by the International Monetary Fund, and 1 SDR worth of ICP can be converted into exactly one trillion Cycles to power computation.
What Do Neurons Do?
A neuron locks a balance of ICP utility tokens and enables its owner to participate in network governance, through which they can earn voting rewards.
Who Are the Natural Buyers for ICP Tokens?
Token Holders who want to participate in network governance and earn voting rewards
Developers who need to convert ICP tokens into Cycles to pay for computation.
There will be 469,213,710 ICP tokens at Genesis. Circulating supply depends on the dynamics of the market. However, it is approximated to be 26% at Genesis. Genesis Initial State Token Allocations
Early contributors: 9.50%
Seed donations: 24.72%
Strategic: 7.00%
Presale: 4.96%
Strategic partnerships: 3.79%
Community airdrop: 0.80%
Initial community and developer grants: 0.48%
Node operators: 0.22%
Internet Computer Association: 4.26%
Team members: 18.00%
Advisors and other third-party token holders: 2.40%
DFINITY Foundation: 23.86%.
How Does the Internet Computer Network Nervous System Work for Voting?
The NNS works by receiving proposals and deciding to adopt or reject them based on voting activity by neurons; that network participants have created. Neurons are also used by participants to submit new proposals. After submission, proposals are either adopted or rejected, which can happen almost immediately or after some delay, depending on how the totality of neurons vote.
What Are The Prominent Projects In The Internet Ecosystem?
The Internet Computer launched with several high profile entrepreneurs and applications being built on it. These include:
DeFi
Enso Finance – Decentralized exchange that has raised $5mn
Tacen – A high-performance non-custodial exchange that has raised $2.5mn
SailFish – A gateway to open financial services
Social
Distrikt – A decentralized, professional social media network. It is the Open LinkedIn application shown off by DFINITY in Davos at WEF 2020 that is now being taken to market
OpenChat – An open version of your standard chat app that is not owned by a large tech corporation
CanCan – An open version of TikTok that shows the scalability and power of the Internet Computer
Capsule – A decentralized social media platform which is safe from censorship that has raised $1.5mn
Infrastructure
Fleek – Allows easy building of open web sites and applications. 14,000 websites already running Pan-Industry Platforms
Origyn – A pan-industry platform for tracking the provenance of luxury goods, starting with luxury watches.
Dominic Williams is the Founder and Chief Scientist of DFINITY. He is a crypto theoretician, responsible for inventing Threshold Relay, Probabilistic Slot Consensus, and other novel crypto techniques, serial entrepreneur, and early member of the Bitcoin and Ethereum technical communities. Previously, he was President and CTO of String Labs, an incubator for venture-backed crypto projects, early pioneer of DeFi at Mirror Labs, and Founder and CEO of Fight My Monster, a MMO game for children that scaled to millions of users. He also founded several startups such as System7, Airdocs and Smartdrivez. Graduated King’s College London 1st in Class in Computer Science.
What is the DFINITY Foundation?
The Internet Computer was incubated and launched by the DFINITY Foundation, a not-for profit scientific research organization based in Zurich, Switzerland, comprised of the world’s top cryptographers and distributed systems and programming language experts, with nearly 100,000 academic citations and 200 patents collectively. Notable technologists at DFINITY include: Jan Camenisch, PhD (VP of Research) - world-renowned cryptographer & privacy researcher, led IBM’s Cryptography / Research department for 19 years Andreas Rossberg, PhD (Principal Engineer and Researcher) - the co-creator of WebAssembly and former team lead for the Google Chrome V8 engine Ben Lynn, PhD (Sr Staff Engineer and Researcher) - world-renowned cryptographer and Google Engineer, the “L” in BLS cryptography, the key signature system being used in Ethereum 2.0 Jens Groth, PhD (Principal Researcher) - world-renowned cryptographer, known for pioneering non-interactive zero knowledge proofs Timo Hanke, PhD (Principal Researcher) - creator of AsicBoost, one of the few proven algorithmic optimizations for Bitcoin mining Paul Liu, PhD (Staff Engineer) - architected Intel’s Haskell compiler and received his PhD under Paul Hudak, a key designer of Haskell * Johan Georg Granström, PhD (Director of Engineering) - former Sr Staff Software Engineer at Google responsible for scaling YouTube system infrastructure After public launch on May 10, 2021, the DFINITY Foundation will now be one of many organizations committed to improving and maintaining the Internet Computer network.
The current CoinMarketCap ranking is #24, with a live market cap of $8,582,798,715 USD. It has a circulating supply of 174,363,085 ICP coins and the max. supply is not available.
Technical Analysis:
as you can see the coin has fallen heavily since its lunch and now it is literally at its lowest price, based on the valuable fundamentals we have decided to invest on this coin for a long term did.
We have defined 4 new targets with Fibonacci Projection of the past Bullish Run and highest pick and lowest retracement dumps.
The 3 TP gets confirmed as soon as the price touches the 161.8% of the same Fibonacci Projection followed by some retracement and price correction.
4 TP can be easily achieved as soon as the bull run starts and will be taken with some retracements.
we can ultimately target the 2500$ as this is a new and effective environment which is capable of shooting to the higher price of its Initial offering.
COIN -Classic Gartley PatternChart posted 7-26-2021 at 9:56am ET. I have been in coin since 231.90. It had previously had downside action, but I correlated this to the BTC market- and if you seen my BTC charts there was bullish momentum set to occur and we got it over the weekend so today we have seen a super huge bullish signal and also a Gartley pattern that should take us upside. Pretty simple. May take some time depending on BTC price action, but I like this long up to 270 price target. The macro pattern is a bearish shark- so I think price will shoot up quickly and then decline just as fast so be ready.
Coinbase(COIN) Recovered Before sued by the SEC
4H
- Touch the Long-term downtrend line (thick line)
It's a strong resistance, so even if it comes down a little, I think it will get support near the blue box and try to break through the long-term downtrend line again.
1D
- It seems to have a reverse head and shoulder pattern.
COIN - I don't want to be a short here
It held the SEC investigation news very well into the demand. If it continues to build above 50 zone, either the next capitulation move or a news is going to push this back to 80-90.
I'd be careful to short this unless 48 is taken out. Until then might be choppy, which would be a great sign for bulls.
My personal thesis is that they are going to come out on top through this bear cycle and dominate to crypto market over next decade.
Disclaimer: No position yet.
$COIN back to $60ish and then $100+?NASDAQ:COIN looks like it's forming a rejection candle right at resistance. If you look at the structure, we broke out of a bottom formation and I think we're likely retesting the structure before a continuation higher.
What makes most sense to me is to retest the $60ish area as support and then continue onwards to $100+.
In order to do that, price would need to finally break above $76. But with 3 rejections already, I'd imagine the next time it gets up there, resistance will break.
Let's see if it plays out.
COIN rises with cryptocurrency resurgence. Can it continue?COIN popped today with vigor as traders seem to recognize the resurgence of crypto.
On the chart, the pop has adequate volatility and high relative volume. The RSI indicator
shows RSI crossed over 50 the prior day and is now nearly at 100. The question arises, can
COIN continue or will it consolidate or reverse? Please comment with your opinion.
COIN H&S Breakout ContinuesCoinbase continues to gain after breaking up and out of the neckline of an inverse head and shoulders pattern, price is up +10% today - trade was initiated last week upon seeing the inverse head and shoulders breakout.
Due to the pop in price today I've raised my stop-loss level to $85.75 in case price reverses on profit taking. This stop level ensures that I exit the trade with a gain if price reverses, while at the same time leaves some room for volatility if price begins to fluctuate.
Lower PPO and TDI indicators are still reading bullish, but the green RSI line of the TDI indicator is now above the 80 level which is considered overbought meaning a correction to the downside can be expected.
Buy Price: $79.21
Stop-Loss: $85.75
Take Profit: $136-ish
Gain if I get stopped out at $85.75: +8.2%
Gain if price reaches take-profit level: +71%
This stop level will remain adaptive to price movement, price has gained another 3% in the few minutes it took me to write this and COIN is now up +13% on the day.
BNB Binance Coin BearishDaily Bearish
Weekly Bearish
Bearish Sentiment 93%
POC analysis:earish
Volume Bearish
RSI Bearish
Stochastic Bearish
MACD Bearish
Resistance Supports See on the Chart
According to current Binance Coin price prediction, the value of Binance Coin is predicted to drop by -14.33% and reach $ 208.93 by July 11, 2023. According to our technical indicators, the current sentiment is Bearish while the Fear & Greed Index is showing 56 (Greed). Binance Coin recorded 13/30 (43%) green days with 4.33% price volatility over the last 30 days. Based on our Binance Coin forecast, it's now a bad time to buy Binance Coin.
Current Price
$ 239.26
14-Day RSI
42.46
Based on data from July 06, 2023 at 11:03, the general Binance Coin price prediction sentiment is bearish , with 2 technical analysis indicators signaling bullish signals, and 27 signaling bearish signals.
Binance Coin is currently trading below the 200-day simple moving average (SMA). The 200-day SMA has been signaling SELL for the last 33 days, since Jun 02, 2023.
The price of Binance Coin is currently below the 50-day SMA and this indicator has been signaling SELL for the last 59 days, since May 07, 2023.
The most recent Death Cross in the Bitcoin market happened 25 days ago, on Jun 11, 2023. Meanwhile, a Golden Cross last occurred on Feb 09, 2023, which was 147 days ago.
Based on our technical indicators, Binance Coin's 200-day SMA will drop in the next month and will hit $ 288.44 by Aug 05, 2023. Binance Coin's short-term 50-Day SMA is estimated to hit $ 221.70 by Aug 05, 2023.
The Relative Strength Index (RSI) momentum oscillator is a popular indicator that signals whether a cryptocurrency is oversold (below 30) or overbought (above 70). Currently, the RSI value is at 42.46, which indicates that the BNB market is in a neutral position.
Daily Simple Moving Average (SMA)
Period Value Action
SMA 3 $ 243.18 SELL
SMA 5 $ 244.69 SELL
SMA 10 $ 240.42 SELL
SMA 21 $ 241.98 SELL
SMA 50 $ 269.75 SELL
SMA 100 $ 295.26 SELL
SMA 200 $ 295.30 SELL
Daily Exponential Moving Average (EMA)
Period Value Action
EMA 3 $ 240.46 SELL
EMA 5 $ 242.24 SELL
EMA 10 $ 242.22 SELL
EMA 21 $ 244.95 SELL
EMA 50 $ 262.90 SELL
EMA 100 $ 280.66 SELL
EMA 200 $ 291.25 SELL
Weekly Exponential Moving Average (EMA)
Period Value Action
EMA 21 $ 282.41 SELL
EMA 50 $ 297.54 SELL
EMA 100 $ 297.21 SELL
EMA 200 $ 248.96 SELL
Binance Coin Price Forecast
Date Price Change
Jul 7, 2023 $ 245.89 0.82%
Jul 8, 2023 $ 227.94 -6.54%
Jul 9, 2023 $ 230.03 -5.68%
Jul 10, 2023 $ 210.99 -13.49%
Jul 11, 2023 $ 208.93 -14.33%
Jul 12, 2023 $ 199.67 -18.13%
Jul 13, 2023 $ 206.97 -15.14%
Jul 14, 2023 $ 213.53 -12.45%
Jul 15, 2023 $ 202.24 -17.08%
Jul 16, 2023 $ 203.15 -16.70%
Jul 17, 2023 $ 208.93 -14.33%
Jul 18, 2023 $ 208.54 -14.49%
Jul 19, 2023 $ 207.74 -14.82%
Jul 20, 2023 $ 207.17 -15.05%
Jul 21, 2023 $ 215.68 -11.57%
Jul 22, 2023 $ 214.99 -11.85%
Jul 23, 2023 $ 206.75 -15.23%
Jul 24, 2023 $ 209.78 -13.98%
Jul 25, 2023 $ 202.35 -17.03%
Jul 26, 2023 $ 199.03 -18.39%
Jul 27, 2023 $ 200.26 -17.89%
Jul 28, 2023 $ 197.65 -18.96%
Jul 29, 2023 $ 194.74 -20.15%
Jul 30, 2023 $ 198.72 -18.52%
Jul 31, 2023 $ 201.77 -17.27%
Aug 1, 2023 $ 204.77 -16.04%
Aug 2, 2023 $ 206.81 -15.20%
Aug 3, 2023 $ 206.69 -15.25%
Aug 4, 2023 $ 204.75 -16.05%
Aug 5, 2023 $ 201.98 -17.18%
COIN Inverse Head and ShouldersCoinbase is breaking up and out of an inverse head and shoulders pattern as the crypto platform benefits from a rising Bitcoin price and news that Blackrock has chosen COIN as the custodian for the Bitcoin that they will have to acquire if their Bitcoin ETF is approved by the SEC.
Blackrock BTC ETF filing ignites price rally:
www.nasdaq.com
Blackrock ETF approval rating is 575-1:
www.ccn.com
Coinbase will be Blackrock BTC custodian:
www.cnbc.com
Opened a trade in COIN this morning at $79.21; stop loss is at $67, take profit is at $136.
Netral on Coinbase and Crypto for a whileVolatility will remain high for COIN stock, so its options are playable.
For long term bagholders, have money ready and deploy it sub $45 a share
Add some underlying Privacy Asset: Zcash (ZEC) to your portfolio under $50 and play it up to $500 in 2024-2025
Crypto is the future, so are crypto scams, exchange insolvencies, thefts, lost private keys, and pump and dumps. Use Caution and Dilligence.
Local Coinbase support should be around 35-38 and upper resistance around 84-88 bucks
COINBASE: Will it finally cross over this potential Triple Top?Coinbase reached the top of the annual Channel Down pattern with the 1D technicals turning overbought (RSI = 75.832, MACD = 4.640, ADX = 42.237). For the RSI in particular, the last time it was higher was on February 2nd. This calls for a short term correction to at least the 1D MA200 (TP = 60.00). Even in the event of a crossing over the Channel Down, the price will still have to face the potential Triple Top of Resistance Zone 1. We will go long only after the price breaks above it and target the R2 (TP = 116.00). It has to be said that the RSI breaking above the 5 month LH trendline, is an early indication of the long term trend.
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