Coinbase Analysis 24.10.2021Hello Traders,
welcome to this free and educational analysis.
I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button.
Thank you for watching and I will see you tomorrow!
Coin
EPSUSDTBINANCE:EPSUSDT Analysis ABC.
( A ) Starting point movement .
( B ) Entry point.
( C ) Target.
Target 1: 1.08
Target 2: 1.48
Target 3: 2.0
Target 4: 2.59
Target 5: 3.41
Target 6: 4.24
Binance Coin price action tests $516, corrects slightly lowerOverbought conditions across the weekly Binance Coin chart have been improving with buyers averting an imminent death cross. Accumulation is rising on the hourly chart suggesting heightening buying pressure. However, the 4-day surge that saw BNB wade away from a danger zone could be fading off and inviting more sellers into the market between $480 – $500. During press time, the Binance coin is trading at $484 and attempting to push the price towards a higher daily high above $485.
DOGE Run Is Over, Back To Joke Coin Lows Again!DOGE has finished its run folks, it went way higher than it should have to begin with and now its time to go back to where it came from. Everyone is calling a bull pennant which is not correct, there is no pennant its an upward broadening wedge which indicates a reverse in trend which in this case is to the downside. Indicators are also showing weakness. Take profits and don't get left holding the bag.
$COIN target acquired *This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
We originally entered $COIN back in august and have been waiting patiently for our take profit to hit until now.
My team has taken profit at $303 as intended and are currently out of this trade.
Congratulations to all who took this trade with us.
If you want to see more, please like and follow us @SimplyShowMeTheMoney
COIN stock movement. Does it follow BTC?Hi everyone,
This time we are taking a look at recently IPOed NASDAQ:COIN stock.
It may seem obvious that NASDAQ:COIN price is following crypto market movement.
If that's so, do technical indicators matter for this stock analysis?
Let's find out.
Taking BTC as a benchmark for the whole crypto economy, we clearly see that NASDAQ:COIN follows BTC movement almost exactly.
However, standard technical indicators, such as support and resistence, seem to hold up for NASDAQ:COIN stock.
Thus, if we can use TA for BTC or any other crypto, we can definitely use it for NASDAQ:COIN .
SO
Implementing my boxes as per usual.
What do we see?
Box breakout to the upside on increased volume.
What's the plan?
See if the price consolidates in the circled area.
Preferred entry at 295 level defence.
Keep it simple and be patent.
Let me know what you think of NASDAQ:COIN .
Trade wisely and good luck!
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Disclaimer!!!
This is not financial advise.
FARM - CHAD COIN Q4 Update As requested, update on the Harvest Finance "FARM"
After my previous analysis, we have seen a prolonged accumulation phase for the FARM token. Moving Averages are compacted. In the short-mid term, we will see a move. TVL is still healthy with a ratio of 0.25. Earing you 30% APY.
I expect to see this coin pump when BTC and ETH have their runs happening RIGHT NOW. (check updates) 2021-10-20
Caution:
As we see more Ecosystems rise on different chains. FARM'S performance is being affected mutually.
There is a good chance we might see a pump in price. However previously we saw dips short after. If you are not planning on holding this coin long-term, taking profit is a good option in this Q4
I appreciate the feedback. This is what will keep me posting analysis of financial & crypto markets and sharing it with my audience. We are now going to be looking at ATHs in the crypto space I would like people to succeed, and will be keeping you posted.
Smogster
COIN breakdown confirmed. Is it a negative sign for BTC as well?Coinbase has confirmed the breakdown of the bullish channel since BTC's rise from 30k$ levels. We should see a retest of 250$ ish levels before going down again if I'm right. Since COIN is highly correlated to movements in BTC, is it a sign of upcoming downside in BTC too ?
Disclaimer : This is not a financial advice. I'm just sharing these charts for educational purposes. I do not have any positions in the assets discussed above yet.
Long $COIN$COIN - Coinbase Trailing 3 Mths
After todays announcement of Coinbase becoming the official crypto platform of the NBA, WNBA, NBA 2K League, & USA Basketball, the 1st Bitcoin Futures ETF launching yesterday from ProShares Trust, along with the recent up-trend in major Cryptocurrencies, I have a bullish outlook on $COIN for a long-term strategy.
COIN bullish Nov option flow oct 11COIN had bullish Nov option flow on oct 11: over 1700 $295 calls , 1900 $300 calls and 2200 $305 calls were bought.
Look for break over $286, as this is previous resistance.
Bitcoin is closing in on all time highs of $64700, but look for a small pullback after this big weekly rise.
I like HUT, MSTR and SI for other crypto stocks too.