Coin
HEGIC / BUSD - Binance - 160% Profit - 2_4 Month Breaks most important TREND lines, You can enter right now but it is risky ...
COINI'm keeping Coinbase (NASDAQ:COIN) on the list. After struggling the last few days to get back above $300, the stock showed relative strength yesterday in a RED market. This stock not only had momentum, it also had some volume. A break above 306.7 next week, will take the stock back to the major resistance area at $327.47.
WHAT HAPPEN INSIDERS HAVE SHARES - COINBASE CASE - COIN - 60MNThe new introduced COIN price of Coinbase Global Inc dropped suddenly.
It was expected, that is what happens when insiders have been distributed lots of shares.
Contrary to what people say, it is probably not linked to cryptocurrency volatility.
Sometimes, the analysis is pretty simple. After the market introduction of COIN, the early holders have taken their profits.
Now the market analysis.
We can see that the down trend as stopped and is now ranging.
It is probably a good point of entry in this market.
Paypal adoption of cryptocurrencies, Visa and Mastercard, we see more companies also adding cryptocurrencies to their balance sheet.
It is possibly signs of potential growth of this stock price...
OST/BTC DONT MISS 10X POTENTIAL !!!!!Break out on huge down channel, retest completed. 10x is inevitable.
Not a financial advice just my own opinion and investment.
My Coinbase Sep Call option projectionSaving this to see how this massive call option trade plays out. I have the Sep $400 strike calls, largest trade ever.
Due to the expect Crypto bull cycle this summer, and the Bitcoin ETF coming, and massive Q1, Q2 earnings by Coinbase. 🚀
Check out this Coinbase fundamentals video by Frank Makrides
www.youtube.com
COIN vs BITCOINI haven't seen anything about this yet, so here is a chart comparing the price of COIN with the price of BITCOIN. I think that it's safe to say that so far there is a direct correlation between the two. Not saying they won't diverge or converge at some point... but that might be a signal of sorts. It will be interesting to follow this pair and see how they relate to eachother as time goes on, especially during large BTC price swings. I assume that this direct correlation will continue. Let me know what you think.
// Durbtrade
DOGE; Return to 27 Cents BattlefieldHere we have returned to 27 cents battlegrounds as I mentioned could happen in my past idea.
Buyers won 27 but deflected off 29 cents a third time now.
You can see the battles get shorter each time.
Most probable outcome would be buyers win 27 again, pitstop at 29, the shoot through to the upper red trend line then bounce off.
Sellers still have a shot to bring this down to the lower red though. Lets see what happens next!
CAUTION It's pretty common for BTC to have 20-30% corrections in a bull market and has been doing phenomenal with coinciding with previous run-ups.
I believe this is the 4th or 5th correction to this magnitude.
Things look pretty swell from where we came from this year and last and hope it can continue.
We just had a crossing on the weekly MACD and things are looking ripe for maybe another push higher.
RSI on the monthly cart is also declining from overbought territory.
There was a similar run up and fall in price action and when BTC futures started trading on CME compared to the COIN listing recently.
Regardless if you are HODLING forever or just trying to make quick movements in the price action of shitcoins it looks like we are taking a breather and could be something other than a correction.
I'm remaining on the cautious side with everything else thats developing across world markets and in the US.
That's all folks
COIN (COINBASE) Options Trading Now AvailableInvestors got a new way to bet on the fortunes of Coinbase Global as options on the cryptocurrency exchange's stock started trading with healthy volume on Tuesday.
About 22,000 Coinbase contracts traded by late afternoon, with puts outnumbering calls slightly, and volume should hit 31,000 by the end of the day
Puts convey the right to sell the stock at a set price at a future date, while calls provide the right to buy it at a certain price at a future date.
Coinbase recently went public in a high-profile direct listing on Nasdaq, where - unlike a traditional initial public offering - no shares are sold ahead of the opening.
Trading volume in Coinbase options was robust but fell short of other popular stocks' options launches. For instance, Facebook's options traded about 360,000 contracts on their first day in 2012.
Less than a week after the exchange's stock market debut on Nasdaq, Cboe Global Markets, Nasdaq, the Intercontinental Exchange and other exchanges launched trade in Coinbase equity options
It's not fireworks," said Henry Schwartz, head of product intelligence at Cboe. "Still, volume isn't bad."
For Coinbase, the lack of a lockup period, where a bar on selling stock can prompt investors to turn to options to protect their holding, may have taken away one source of demand, Schwartz said.
Still, strong retail interest in Coinbase bodes well for the options.
Following its launch last week, Coinbase drew massive retail buying, with over $100 million worth of shares, on a net basis, taken up in the first two days of trading, according to Eric Liu, head of research at Vanda Research.
For Coinbase, the lack of a lockup period, where a bar on selling stock can prompt investors to turn to options to protect their holding, may have taken away one source of demand, Schwartz said.
Still, strong retail interest in Coinbase bodes well for the options.
Following its launch last week, Coinbase drew massive retail buying, with over $100 million worth of shares, on a net basis, taken up in the first two days of trading, according to Eric Liu, head of research at Vanda Research.
SUPPORT- $290, $275, $250-$240
RESISTENCE- $305,$325, $350, $360, $380, $400, $450
Sector: Technology Services
Industry: Packaged Software
Coinbase Global, Inc. operates as a secure hosted bitcoin wallet to purchase and use bitcoin . It provides merchant tools that enable companies to accept payments in bitcoin by incorporating a single button. The company was founded by Brian Armstrong in 2012 and is headquartered in San Francisco
Where will it list?
Coinbase is set to go public on the Nasdaq under the ticker symbol “COIN” as a direct listing, meaning it isn’t raising new money, as a company would in a traditional IPO .
Coinbase is the Nasdaq’s first major direct listing, with Spotify SPOT , Slack Technologies WORK and most recently Palantir all opting to directly list at the NYSE.
Valuations?
Nasdaq assigned Coinbase a reference price of $250 a share on Tuesday evening, which values it at over $65 billion. On Wednesday, Coinbase stock was indicated to open around $350, or 40% above its reference price.
Coinbase, whose users primarily deal in bitcoin and ethereum , reported last week that its revenue soared 847% in the first quarter to $1.8 billion, and that it now has 56 million verified users.
Leeor Shimron, an analyst at FundStrat Global Advisors, described the Coinbase listing as seminal. “Coinbase’s direct listing is a watershed moment for the crypto industry.”
DOGE; the battle over 27 centsRight now, we are in the midst of battle over 27 cents.
I published an earlier course of paths for DOGE's course to take BUT failed place them in a timeline.
Here is just an understanding of why those scenarios will happen.
We may revisit this area if the winner cannot fulfill their obligations, but for now so let's just see what happens!