COIN - Potential Upward MovementCOIN is refilling at demand zone and about to bounce back up. Exit at 3rd supply zone
COIN trade ideas
COIN gearing up for near-term runThis is a play on the daily momentum that leads into an earnings run up on $COIN.
Daily momentum is setting up to reverse to the buy side, with earnings roughly a month away, I believe we will see NASDAQ:COIN ride the recent crypto hype into into a run up before earnings.
Contrasted against RSI we also see a sharp rise the last few days, supporting a push to the buy side.
I don't believe it will be enough to break NASDAQ:COIN through the daily/weekly resistance zone, and I do suspect that we'll see NASDAQ:COIN bounce back below the resistance zone.
NASDAQ:COIN has historically run up a bit before earnings, and dropped the days following.
I'll be holding shares long and look to dump about two days before their next earnings.
Even with strong earnings on their next report, I have no doubt that we'll see them report a loss for the quarter.
I will look not be looking to hold shares through earnings or ride the resulting volatility afterwards.
Incoming drop off on $COINWhile I'm ultimately looking for a move to upside on COIN $100+, I think first we need a pretty substantial little pullback (like with Bitcoin), to collect these MA's a bit more under the price.
💾 How Is The COIN Chart Looking? Bearish or...The shakeouts, the attacks, the FUD couldn't do much to stop Coinbase from growing... The chart is pointing up.
✔️ Today COIN starts above EMA10 | Bullish
✔️ Volume starts to increase | Bullish
✔️ The chart is showing a long-term bull flag | Bullish
✔️ The RSI goes above 50 | Bullish
✔️ The MACD stays above zero | Bullish
✔️ Yesterday's session closed as a full green candle | Bullish
The chart is pointing up...
Invalidation comes in a close below 50.
Any trading above 50 and we continue "Bullish" on the Coinbase COIN stock.
Namaste.
Coinbase Possible Long positionThis looks like a good support level for coinbase on the weekly. Betting on it heading up to the pivot point this year. Let's see.
Cramer's bad calls are legendary!Seriously.
If he says buy it, short it to zero.
If he says short it, buy the hell out of it.
Coinbase (Will it thrive in the time of uncertainty?)
View On COIN (5 Apr 2023)
COIN is in
* Neutral in short term
* UP in Mid term
* Beutral in Long term
Coin is in the big swing mode the whole CEX (Central exchnage) industry is going thru future uncertainty.
I am seeing some minor bullish structure in tact and of course they are yet to unfold.
I will be in Neutral/Slightly Bullish mode for now.
DYODD, all the best and read the disclaimer too.
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COIN PUT SALE Doing ANOTHER put sale on coin. I REALLY do not mind owning 1500 shares of coin at $47. Buylow, sell high. Especially when you get paid to do it? ;-)
Bullish Shark Pattern on Coinbase Coinbase looks bullish with a trendline breakout and a bullish RSI divergence. A push towards the 190 USD levels is possible to complete this Shark Harmonic pattern.
COINAfter seemingly bottoming out at 30 lows, COIN has range highs at 80s. It also has an unfilled gap at 77, for added confluence. It does have unfilled gaps at 63 and 59 as well, which would be great buying opportunities if we revisited those levels. Ultimately, so long as it holds above 55 I will retain my bullish bias, targeting 77/80s next.
$COIN headed to golden pocket at $116$COIN building support at the .236 and looks like it's headed to the golden pocket ($116 - $158 level). I'm super long and $110 - $120 seems like a good area to start taking profits, it's the bottom of the golden pocket and also the August 2022 high. Many will doubt this move, but imagine how $COIN reacts to BTC hitting mid 30k - 40k by May. Yeah, this thing is primed AF IMO>
COIN - Reverse H&S Forming. Massive Upside if/when Reverse H&S forms, potentially b/c SEC/CFTC losing case in court AND/OR BTC rallying significantly on some of regional banks biting the dust.
$COIN Coinbase holding the levels it needs to NASDAQ:COIN
If you watch Bitcoin you need to watch Coinbase as well.
If and when Bitcoin breaks resistant levels, this one will move as well.
lots of upside with this being towards the bottom of the range
Gamble Here on 3-31 Calls for Coinbaseelastic price movements in a bullish cycle give asymetric risk vs reward potential to short dated calls.
COIN could trampoline back up to $75 next week.
COIN Support & Demand ZoneCoin has bounced off the $6.5 or so demand/support zone several times and it looks like the bulls won’t let this break. Have some solid open interest on the $64-65 weekly calls here too. If we close above this support I think we see a minimal bullish push to $65-67
COIN 32423COIN looking like it wants to retest the bottom of the range. Cathie Wood about to get annihilated. SHould have held that TSLA or put that money in MSTR instead of COIN
CoinThis 68.75 area looks like a great short for me on coin. After that sell off to 60.50 premarket I took coin long at 60.98 for a swing trade to 68.75 I just sold out at 68.20. I think a short on coin around 68.75 watch the high of 70 potential but a rejection of 68.75 no candles closing above will be a banger short entry
$COIN pullback to $5X.XXWell's notice fiasco after a series of failed meeting with the SEC, bearish divergences all over crypto and heavy insider selling since Feb is a recipe for $COIN to pullback after a pump from $40 to $80. Even Cathy Wood has sold large positions in $COIN for the first time this year, which is no good news.
$COIN to $98-$119 based on technical analysis #bitcoin #COINYes, in spite of the news after hours today.
This pattern is ultimately in line with what I see on Bitcoin, which is a push to the center line of the overall larger channel on Bitcoin up to 35,200. I think we can get a more specific idea of our target on COIN based on the 38 & 50 % inverse fib levels drawn here which represent $98 and $119
💾 Coinbase Global, Goes Bullish | Next Target Mapped (120%)Looks like the bleeding is over for Coinbase (COIN) and this is definitely good news.
Not because of Coinbase itself but because this matches the reversal signals we are seeing on Bitcoin and the Altcoins.
Coinbase is part of crypto.
Coinbase starts to recover.
Crypto starts to recover.
Bitcoin starts to recover...
What I mean is that this stock going bullish at the same time work as a confirmation signal.
A low was hit 28-Dec.
All the major cryptocurrencies also hit a low late December.
Yesterday we saw a full green candle, increasing volume and the RSI trending upwards.
Here is what we can expect, we are going to be looking at this mid-term.
The first target will be $63.96.
Yes, there will be resistance at $45 where EMA50 sits right now but the Fib. numbers are more relevant than the moving averages to us.
The main target should be around $83...
We have until late March for this move to fully develop giving us potentially higher targets but who knows... This is what looks do-able based on the signals coming from this chart.
The whole thing/analysis/setup is invalidated if COIN moves and closes daily/weekly below $31.
By the way, hitting $83 would mean more than 120% on this bullish wave.
Namaste.
