Coinbase Global, Inc. Goes Bullish —The Correction Is Over!COIN's bearish volume peaked November 2024. Ever since this date, peak bearish volume continued to drop. As we approached today, the lowest price since February 2024, COIN ended up closing with a green bar rather than a red one; the bears are gone.
I am giving you technical analysis in a very simpl
Key facts today
CleanSpark Inc. secured a $200 million Bitcoin-backed credit facility from Coinbase Prime, enhancing its capital strategy.
350 ARS
2.36 T ARS
6.01 T ARS
About Coinbase Global
Sector
Industry
CEO
Brian Armstrong
Website
Headquarters
New York
Founded
2012
ISIN
ARBCOM4603U2
FIGI
BBG017SL0VZ9
Coinbase Global, Inc. engages in the provision of a trusted platform that serves as a compliant on-ramp to the onchain economy and enables users to engage in a wide variety of activities with their crypto assets in both proprietary and third-party product experiences enabled by access to decentralized applications. It offers consumers primary financial account for the cryptoeconomy, institutions a full-service prime brokerage platform with access to deep pools of liquidity across the crypto marketplace, and developers a suite of products granting access to build onchain. The company was founded by Brian Armstrong and Fred Ernest Ehrsam in May 2012 and is headquartered in New York, NY.
i missed the target before -30% i'd like to offer you The Bottomt's awkward when 'all models are wrong, some are merely useful' when i called 'the fear is in the streets' with a buy action forward. boy was i wrong (and so paid the price for that call)
but with -30% additional downside i've been stalking this patiently.. and +/- 5% diff i think This is it a good
Opening (IRA): COIN March 21st 220 Covered Call... for a 215.96 debit.
Comments: High IV + weakness. Selling the -85 delta call against shares to emulate the delta metrics of a 16 delta short put, but with the built-in defense of the short call. Going lower net delta due to the shorter duration (35 DTE).
Metrics:
Buying Power Effect/Break
COIN - what to expecthi traders
COIN stock looks bad.
Monthly close is upon us and it looks like it's gonna be a bearish engulfing candle.
In the next few weeks I expect a bounce and retest of the previous support around 245$ where we should get a rejection and the continuation of the downtrend.
We can see a bearish d
Long Coinbase as a proxy bet on Crypto until end of yearUntil proven otherwise I must be under the assumption that the worst is behind us for the time being. That being said, more debasement is infinitely more likely than less, so long risk assets.
-looking for a lovely retest of the broken downtrend, coinciding with a nice support level within the next
COINBASE GLOBAL - Technical Analysis Key Observations:
Elliott Wave Structure: COIN has been trading within a clear Elliott Wave pattern across the timeline shown. The chart displays a complete 5-wave impulse followed by a corrective phase. Currently, we are observing the development of another impulse wave which could be signaling the
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
COIN5259272
Coinbase Global, Inc. 3.625% 01-OCT-2031Yield to maturity
7.55%
Maturity date
Oct 1, 2031
COIN5259270
Coinbase Global, Inc. 3.375% 01-OCT-2028Yield to maturity
7.26%
Maturity date
Oct 1, 2028
COIN5424425
Coinbase Global, Inc. 0.5% 01-JUN-2026Yield to maturity
2.42%
Maturity date
Jun 1, 2026
COIN6034335
Coinbase Global, Inc. 0.25% 01-APR-2030Yield to maturity
2.20%
Maturity date
Apr 1, 2030
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