Coin
COIN going to get squeezed downRight now Coinbase sits in the bearish territory along with the Ichimoku Indicator pointing at momentum to the downside also. COIN is in a position right now on the 30 min chart to either pop out of this zone to the upside or downside, which I have highlighted with the horizontal white lines. I see this getting slammed next week to the downside and could see a good play for Puts to be put in.
Coinbase (COIN) Daily Price TargetsHey traders,
Looking at the daily time frame of Coinbase (COIN) we can see a setup for another test of $80.
May 2022 Bottom with the wick down that created the low we hit at the start of 2023, so that was the switch of direction to the upside or bull market, whatever you want to call it. We aren’t going lower than that point and now we should start looking for upside targets. (it won’t go lower unless the company completely goes upside down)
Anyways, we are looking pretty solid here right under the $ 60 support and have great potential to move upwards to $ 80 and possibly above. There’s a gap down from $ 80 that will fill, it’s an inbalance in liquidity and is inefficient.
Coinbase is also gearing towards becoming profitable and posted positive earnings last quarter, if they can keep this up with clear crypto & government clarity, Coinbase is looking bright.
The $ 145 - $ 150 levels I have marked are the levels that will be tested in this next cycle. So if you’re looking long term, that’s not too shabby to hold.
As always please do your own research, this is not financial advice.
DOGE COIN BIG BUMP SOON DODE COIN BIG BUMP
Doge coin is going for good price from coming 26th,
FOLLOW @msrcrypto1
COINBASE - SHORT This chart does not look very good, we have a trend with sell and buy zones but also resistance and support zones.
We have a broken trend line so I entered short and I will close the profit in the support area where I mentioned on the chart.
Btc Bitcoin buy weekly forecast Hello traders last time we cached the bottom of bitcoin massive point the hole week move to 30 k you can check it out off course we are in a bearish market it is not going to the moon trust me .we have a lot of pores in bitcoin that should be balanced price had been delivered in one side all the way to 9 to 10 k that is how price moves . we have next week new opportunity to change something for yourself i am expecting higher prices on bitcoin lets get it any thing in your mind comment down below good week and good trading more loading
COIN - Potential Upward MovementCOIN is refilling at demand zone and about to bounce back up. Exit at 3rd supply zone
Incoming drop off on $COINWhile I'm ultimately looking for a move to upside on COIN $100+, I think first we need a pretty substantial little pullback (like with Bitcoin), to collect these MA's a bit more under the price.
💾 How Is The COIN Chart Looking? Bearish or...The shakeouts, the attacks, the FUD couldn't do much to stop Coinbase from growing... The chart is pointing up.
✔️ Today COIN starts above EMA10 | Bullish
✔️ Volume starts to increase | Bullish
✔️ The chart is showing a long-term bull flag | Bullish
✔️ The RSI goes above 50 | Bullish
✔️ The MACD stays above zero | Bullish
✔️ Yesterday's session closed as a full green candle | Bullish
The chart is pointing up...
Invalidation comes in a close below 50.
Any trading above 50 and we continue "Bullish" on the Coinbase COIN stock.
Namaste.
Coinbase (Will it thrive in the time of uncertainty?)
View On COIN (5 Apr 2023)
COIN is in
* Neutral in short term
* UP in Mid term
* Beutral in Long term
Coin is in the big swing mode the whole CEX (Central exchnage) industry is going thru future uncertainty.
I am seeing some minor bullish structure in tact and of course they are yet to unfold.
I will be in Neutral/Slightly Bullish mode for now.
DYODD, all the best and read the disclaimer too.
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Thank You!
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COIN PUT SALE Doing ANOTHER put sale on coin. I REALLY do not mind owning 1500 shares of coin at $47. Buylow, sell high. Especially when you get paid to do it? ;-)
Weekly Analysis BTC via Ichimoku Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been green for 20 days and is about 6.3% wide. It has widened and is stable. The various lines indicate sideways/downtrend on the short term, uptrend/lateral on the medium and long term.
The Kijun Trend indicator now indicates looking for long positions.
Heikin-Ashi:
The Heikin-Ashi confirm bullish momentum but we observe wide shadows on the Tenkan and just above, still indicating a sideways momentum.
Supports and resistances:
- 29800.00 Chikou cusps and flat areas of Kijun and Tenkan
- 27950.00 Fibonacci
- 25000.00 Fibonacci
- 24800.00 Chikou cusps and flat zones of Kijun and Tenkan
For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame.
For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Conclusions:
The situation is bullish/lateral, given also the proximity of the psychological threshold of 30000.00.
Hosoda's N wave of the ABC pattern identified several analyses ago has been centered and is acting as the resistance. It is possible to find a bullish ABC pattern indicating a first V level at 31227.96, NT level at 33467.19, and N level at 35827.10. On the other hand, a lateral/ribassist one indicating NT at 29501.31, and N at 26824.77.
It is interesting to see how BTC is recovering having closed a good quarter in conjunction with the problems in the traditional banking system.
It is important to evaluate the price close during the week on the following price structures:
- Bullish: 29500.00-29800.00
- Bearish/Lateral: 25000-26800.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: Decreased.
- Price of BTC: Increased.
- Expectation of Alt Cycle: Increased.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
Bitcoin 2nd Break out Soon?Bitcoin has been in a downtrend for some time now, recently been moving upwards and now it has encountered a second resist in my book, it broke out the downtrend from ATH line but now we have a candle close break-out pending. Once this break out, I am measuring last major touch on line led to a strong move downwards, i will use that same line to put towards the breakout giving me a idea where price might head to from the breakout.
Not a insane target lol, not a crazy prediction… Just Wizard TA.
Thank you and i wish all you good health.
Target i say is 57-58k ish
COINAfter seemingly bottoming out at 30 lows, COIN has range highs at 80s. It also has an unfilled gap at 77, for added confluence. It does have unfilled gaps at 63 and 59 as well, which would be great buying opportunities if we revisited those levels. Ultimately, so long as it holds above 55 I will retain my bullish bias, targeting 77/80s next.
COIN - Reverse H&S Forming. Massive Upside if/when Reverse H&S forms, potentially b/c SEC/CFTC losing case in court AND/OR BTC rallying significantly on some of regional banks biting the dust.
Gamble Here on 3-31 Calls for Coinbaseelastic price movements in a bullish cycle give asymetric risk vs reward potential to short dated calls.
COIN could trampoline back up to $75 next week.
COIN Support & Demand ZoneCoin has bounced off the $6.5 or so demand/support zone several times and it looks like the bulls won’t let this break. Have some solid open interest on the $64-65 weekly calls here too. If we close above this support I think we see a minimal bullish push to $65-67
Weekly Analysis BTC via Ichimoku Good start to the week,
Let us analyse at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
The Kumo has been green for 13 days and is about 6.40% wide. It has widened and is stable. The various lines indicate an uptrend momentum with a sideways bias in the long term and medium term. In the short term, however, the price is on the Tenkan, indicating a potential bounce or downtrend.
The Kijun Trend indicator now indicates looking for long positions.
Heikin-Ashi:
The Heikin-Ashi confirm bullish momentum and net of one red candle, the rest are green and away from the Tenkan.
Supports and resistances:
- 29800.00 Chikou cusps and flat areas of Kijun and Tenkan
- 25000.00 Fibonacci
- 24800.00 Chikou cusps and flat zones of Kijun and Tenkan
- 24400.00 Chikou cusps and flat zones of Kijun and Tenkan
- 24200.00 Chikou cusps and flat areas of Kijun and Tenkan
- 23300.00 Chikou cusps and flat areas of Kijun and Tenkan
- 21200.00 Chikou cusps and flat areas of Kijun and Tenkan
- 20200.00 Chikou cusps and flat zones of Kijun and Tenkan
- 19100.00 Fibonacci
For static price levels, the lower right chart plots the Tenkan, Kijun, Senkou Span A and Senkou Span B flat zones on different timeframes, and the Chikou for the daily time frame.
For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Conclusions:
The situation is bullish/lateral, given also the proximity of the psychological threshold of 30000.00.
Hosoda's N wave of the ABC pattern identified several analyses ago has been centred and is acting as the resistance. It is possible to find two other ABC patterns: one bullish indicating a first level at 31134.30, another indicating a sideways movement where the N wave is at 24417.14 and the NT wave at 33736.10.
From a fundamental point of view, it continues to be interesting to see more distressed banks and instead the strength of Cryptos, born precisely out of distrust in the traditional market. In general however, the FED continues to raise rates while the market is responding with a rebound in the stock market.
It is important to assess the price close during the week on the following price structures:
- Bullish: 28700
- Bearish/Lateral: 25000
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- Dominance of BTC: Increased.
- Price of BTC: Increased.
- Alt Cycle Expectation: Decreased.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
$COIN to $98-$119 based on technical analysis #bitcoin #COINYes, in spite of the news after hours today.
This pattern is ultimately in line with what I see on Bitcoin, which is a push to the center line of the overall larger channel on Bitcoin up to 35,200. I think we can get a more specific idea of our target on COIN based on the 38 & 50 % inverse fib levels drawn here which represent $98 and $119
💾 Coinbase Global, Goes Bullish | Next Target Mapped (120%)Looks like the bleeding is over for Coinbase (COIN) and this is definitely good news.
Not because of Coinbase itself but because this matches the reversal signals we are seeing on Bitcoin and the Altcoins.
Coinbase is part of crypto.
Coinbase starts to recover.
Crypto starts to recover.
Bitcoin starts to recover...
What I mean is that this stock going bullish at the same time work as a confirmation signal.
A low was hit 28-Dec.
All the major cryptocurrencies also hit a low late December.
Yesterday we saw a full green candle, increasing volume and the RSI trending upwards.
Here is what we can expect, we are going to be looking at this mid-term.
The first target will be $63.96.
Yes, there will be resistance at $45 where EMA50 sits right now but the Fib. numbers are more relevant than the moving averages to us.
The main target should be around $83...
We have until late March for this move to fully develop giving us potentially higher targets but who knows... This is what looks do-able based on the signals coming from this chart.
The whole thing/analysis/setup is invalidated if COIN moves and closes daily/weekly below $31.
By the way, hitting $83 would mean more than 120% on this bullish wave.
Namaste.
💾 Coinbase Super Bullish | Multiple Targets MappedThe consolidation pattern on the COIN-base chart we looked at changed to a bullish flag, this doesn't change much since the bullish breakout is already confirmed.
If Bitcoin growth is any indication over the weekend and the strong bullish signals on this chart we should see a continuation this week.
✔️ Gold is going bullish as well.
Short-term the next target is set at 84 and should hit very easily, followed by 100 also easy.
The higher targets will take a bit longer but there is potential for more, based on the chart.
Namaste.
