Still so new. Lets see if we can hold a $310 support throughout month and trade past this channel to the upside or if we break further past $310 to the downside. If we trade more sideways throughout the month then it may be a good time to accumulate. It's very early but we'll see how this one plays out. The fundamentals for Coinbase are very strong. Cheers!...
The 1st trade rule for the new listing companies is always one of my major focus, especially in such a name with worldwide attention! Here we got this classic 1st inside day , if it breaks to the upside, I'll be willing to find some intraday trade to long. If it breaks to the downside, I'll be inclined to wait longer before trying to get involved in the...
i still do see it coming down to the green line before we go up to the red line but first we have to cross the blue line
Binance BNB - Going to $700 fueled by SafeMoon craze? HODL
I am usually not much of one to talk about stocks as much as cryptocurrencies (as my username indicates), although I feel like it would be an injustice not to mention the current breakout of a bearish pennant for coinbase. It started to form a wedge yesterday, but looks like it has broken downward today. As with most IPOs it is often tricky to determine trends...
Someone recently asked for my fib chart on $COIN ... Fib is based off of one of the first list prices that was put out.. at around 250... then it's swing high on the day of opening. Interesting how accurate price dropped to the .618 ... my white line is what i think it's going to when market corrects and the dust settles..
I'm still very new to charting and trading. Just practicing charting COIN on the 2hr...please let me know if you have any advice or critiques... all TA shown on the chart was determined by current rsi trends, fib retracement range, and downward wedge forming
This week was really historical, isn’t it? Milestone for cryptocurrencies - traditional financial instruments, stock shares, mixed with a new area - crypto . Coinbase, the big U.S. cryptocurrency exchange, started trading shares on Nasdaq this Wednesday. The valuation of Coinbase is between $50 billion and $100 billion - larger than major stock exchanges such as...
4 Months ago on the day the Bitcoin had hit its own previous record and everyone started to say it was the top but not me. My bitcoin target came true.. We have just seen the biggest sell candle for Bitcoin intraday ever since February! But it may be a trap! It is also the biggest sell amount(1.767T) for whole Crypto market since was born. As I mentioned below...
We have nice setup for 2 longs with nice RR ratio. Stop buy order: 338.08$ Limit order: 313.44$ Stoplosses as shown or as you like. Not financial advice. Good luck
I'm still new and I'm just practicing forming a chart for COIN, w/ possible fib retracement and just drawing some lines to visualize support and resistance areas. please feel free to let me know if you have any critiques or advice
My first post, so I am just testing ;) If you think it's worthwhile, press the like button!
We are looking at BTC in the 1 hour timeline. After reaching ATH existing uptrend was broken. BTC traded above the trading range highlighted in blue teasing a breakout but reversed course and is currently trading in a descending channel. Strong support around the 60k area. If support is broken we can set up our entry at the lower end of the trading range. I...
COINBASE - BUY RATING Current Price $336 Price Target $447 Coinbase has 10% of the entire crypto market on their platform. $COIN is the only US trusted crypto trading platform, therefor almost all US institutional investors use COIN to purchase crypto.This company has been deeply profitable for years and while its expensive at 600x P/E given there is almost no...