COINNot financial advice.
The essence of investing & trading is the intelligent and patient preying on the greed, fear, impatience, addiction and ignorance of the majority. It's definitionally Darwinian.
Coinbaseanalysis
COIN Coinbase bullish ahead of the Super BowlI expect Coinbase, if not run an Super Bowl ad, then at least to be extremely bullish before the event and few days later.
My price target for COIN is $230 in Q2 and $263 by the end of the year.
Looking forward to read your opinion about it.
Coinbase: Further Trouble Ahead? Coinbase - Short Term - We look to Sell at 220.20 (stop at 238.84)
We look to sell rallies. Previous support at 220.00 now becomes resistance. 20 1day EMA is at 210.00. The primary trend remains bearish. The move lower was negative for sentiment and confirms our bearish bias. Further downside is expected although we prefer to set shorts at our bespoke resistance levels at 220.00, resulting in improved risk/reward.
Our profit targets will be 166.73 and 122.05
Resistance: 200.00 / 220.00 / 250.00
Support: 150.00 / 125.00 / 100.00
Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis, like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis, as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
COIN Coinbase: Critical AreaHello friends, today you can review the technical analysis on a 1D linear scale chart for Coinbase Global, Inc. (COIN), a stock traded on the Nasdaq exchange.
Please review the chart as it is self explanatory. The key is to break the resistance line as the price is in a critical area. The overall pattern is a bearish one (Ascending Broadening Wedge or Rising Broadening Wedge) so there is concern for potential downside if the price breaks below the bottom support line.
Also noted in the chart: Volume, Support and Resistance Lines, RSI (relative strength index), and various trendlines.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
As the year is coming to an end and holidays are almost here. I want to wish my friends Happy Holidays and ready for an exciting 2022! What are your thoughts for the coming year?
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BOTTOM LINE ENTRY POINT IDENTIFIED - COINBASE - COIN - DAILYCoinBase price have strongly decreased when the initial investors probably took their profit on first listing days.
The trend starts to show some early patterns.
The black bottom line it the not much elastic uptrend line. That is where it is likely good to entrer long.
The green line shows a range which is double up showing the red possible strongest resistance level.
Beware and see here the volumes are matching with pullbacks and strong breaks. It is illustrated with the green circles.
Potentially keep an eye on the black line where a pullback up is possible and the square (orange) is here just to observe what is going to happen when the price will be at that level (Our imaginary green uptrend line which has seen in the past strong pullbacks or a significative break in the long direction)
Not a financial advice please do your own search.
COIN Coinbase sold by ARKK fund???Is Cathie Wood`s ARK fund anticipating a top in the crypto space right now?
On 10/12/2021 ARKK fund sold 5,855 shares of COIN COINBASE GLOBAL INC, for about 1.5Mil usd.
When the fund starts a sell, it`s usually a multiple day sell on "small" positions. In this case it was 1.5Mil worth of shares.
The only thing that makes me optimistic right now about Coinbase, is the NFT marketplace.
On Oct. 12 Coinbase NFT was launched, a peer-to-peer marketplace that lets users mint, collect and trade NFTs, or non-fungible tokens.
On the other hand, on 10/14/2021 Devin Ryan from JMP Securities Boosted the Price Target with an Outperform rating from $300.00 to $330.00
This is a one year price target.
I`m looking forward to read your opinion on it.
COIN Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
COINBASE Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
$COIN - this should finally bottom soon1D bull divs
4H bull divs followed by standard RSI
Price is now moving sideways, struggling to go lower
Knowing stocks are infinitely manipulated
If those lows get taken, it is very likely that sellside momentum will be used to push this thing higher!
I'm watching for that....
Also some form of descending channel has been apparent ever since it started trading, break would be good place to add/enter
COINBASE 72% PoP 30% Profit with short put vertical strategy TA at 1HR TF (because this stock is new, no daily history)
Quick Coinbase play at high IVR, reasons:
- trend changed: higher high , lower lows
- divergence at bottom
- my strike is last bottom as support- $260
- I have very plenty safety zone
- Buying power arrieved as volume
Max profit: $220
Probability of Profit: 72%
Profit Target relative to my Buying Power: 28%
Max loss with my risk management: ~$290
Req. Buy Power: $780 (max loss without management before expiry, no way to let this happen!)
Tasty IVR: 93 (ultra high)
Expiry: 38 days
Buy 1 COIN Jun18' 250 Put
Sell 1 COIN Jun18' 260 Put
Credit Put spread for 2.2cr, because IVR is very high.
Stop/my risk management : Closing immediately if daily candle is closing BELOW the box, max loss in my calculations in this case could be 290$. Probability of loss in this way: ~10% .
Take profit strategy: 65% of max.profit in this case with auto sell order at 0.77db. Probability of profit this way: ~90%.
Of course I'll not wait until expiry in any case!
If you liked this article, check my other ideas.
Anyway: HIT THE LIKE BUTTON BELOW , and for fresh option ideas FOLLOW ME( @mrAnonymCrypto ) on tradingview !
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.”
COINBASE - IPO HAS GREAT POTENTIAL (LONG-TERM) ✨Newly released IPO with great potential ahead!
- In a new crypto age, everyone is just catching on and for those who did before have generated mass amounts of wealth catching the train before it left.
While the majority make their money from investing and trading, coin-base is guaranteed revenue from fees.
As the crypto world grows, so will the buyers and the interest so will the revenue for exchanges like coin-base however this one in particular is one of the biggest players in this game and is wildly popular across the United States.
- Technical analysis:
We have not seen much price action since this is a newly launched IPO, however with the current situation we can only work with what we have and the only way to see current price action clearly is by dropping to lower time fames like the 15m chart, due to this it lacks strength.
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
COINBASE Long term view targeting 500% gain I know i am being bit over optimistic on COINBASE . I think it very obvious that if Bitcoin goes up, the company revenue of Coinbase will also grow so also the price. If i compare with the price hike of MicroStrategy then around 500% gain is possible if the company operates smoothly.
*** This is just for educational purpose, not an investment advice. I am not a financial advisor, I am just sharing my own analysis.
Thanks for watching.
COINBASE LISTING (COIN) HUGE MOMENT FOR CRYPTO
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.”
SUPPORT- $325, $305, $250
RESISTENCE- $350, $360, $380, $400, $450
