CoinbasePrice has officially entered into my target box today. I still feel we have lower to go before this is over though. I would like to see us hit the 1.0 @ $204.65 before turning back higher. I can think of several things that could support a move higher such as the SEC dropping its case against COIN. However, we have crossed into wave 1 territory, which is the minimum needed for the larger ED I have been tracking.
We created some neg div on the hourly chart today too. As you can see, price made a lower print today than last December and MACD is reading a higher print. Is this hinting that more downside is coming? I believe so, and I believe the 1.0 @ $204.65 is the ideal place for price to turn around at. I have an alert set @ $205 and will likely look at placing an order around this area.
4COIN trade ideas
BTC & Crypto Update - Exactly as I laid out a month ago! Here's what we're looking at in the near term. I know it stinks that we have to come down before sky rocketing again - but eventually we all knew liquidity would have to be built on cryptos, especially BTC, and that's what we're seeing now. We're ultimately bullish! These are bullish algorithms! But we need to build controlled liquidity in these algorithms to sustain further movements and breakouts to the upside.
Happy Trading :)
Coinbase (COIN) Shares Drop to Three-Month LowCoinbase (COIN) Shares Drop to Three-Month Low
The Coinbase (COIN) chart shows that, for the first time in 2025, the share price has fallen below the psychological $250 level.
Bearish factors impacting COIN:
One key factor driving negative sentiment is the confirmed hack of the ByBit cryptocurrency exchange, raising concerns about deposit security in the industry. According to media reports:
→ The attack may have been carried out by North Korean hacker group Lazarus.
→ Hackers allegedly drained Ethereum tokens worth between $1 billion and $5 billion from ByBit’s wallet.
→ This is the largest crypto hack in history.
Another factor is growing concerns about the US economy, which have negatively impacted stock markets. As reported by Reuters:
→ The S&P 500 index (US SPX 500 mini on FXOpen) fell by 1.66% on Friday, marking its worst performance of the year.
→ The decline followed a drop in Walmart’s share price and weak consumer sentiment data.
→ Friday’s Purchasing Managers’ Index (PMI) figures were below previous levels. Investors are now focusing on this week’s release of the Personal Consumption Expenditures (PCE) price index—the Federal Reserve’s preferred inflation gauge.
Technical Analysis of Coinbase (COIN) Chart
COIN price movements form an upward channel (marked in blue), but several bearish signals are emerging:
→ The price has dropped into the lower half of the channel.
→ The psychological resistance level has shifted from $300 to potentially $250.
If bearish sentiment persists, COIN’s share price could fall further towards a support zone consisting of:
→ A bullish gap (marked in purple).
→ The lower boundary of the blue channel.
→ The psychological $200 level.
Coinbase (COIN) Price Forecast
Wall Street analysts remain cautiously optimistic following Coinbase’s quarterly earnings report on 13 February, which exceeded expectations.
According to TipRanks:
→ 10 out of 21 analysts recommend buying COIN.
→ The average 12-month price target for COIN is $350.
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Revised COIN price targets - the blood is on the streets
ByBit exogenous news is wildcard so we’ve broken down support as all hell broke loose.
Here is the revised outlook of the trading plan:
Trading Plan Based on Risk Appetite
Aggressive Trader (Short-Term)
• Long Entry: $234-$236 (oversold conditions).
• Stop-Loss: Below $230.
• Target: $248-$252.
Swing Trader (1-2 Weeks)
• Long Entry: On confirmation above $248.
• Stop-Loss: Below $234.
• Target: $263-$272.
Investor (Long-Term)
• Buy Range: Accumulate in dips between $220-$234.
• Target: $280-$310 in a bullish case.
Conclusion
• COIN has broken key support levels but is now in a critical demand zone ($234-$236).
• The next 24-48 hours will be crucial—if price stabilizes, we may see a bounce.
• A further breakdown below $234 opens the door to $220.
• A reclaim of $252-$263 will confirm a short-term bullish reversal.
Coinbase shortterm bounce opportunity This is beaten down. So much so, that it’s beaten down on many time frames. In my book it’s a contrarian opportunity here. My indicator tells me the same.
The COIN stock is showing oversold conditions based on momentum indicators.
• The 3H chart suggests a potential reversal or at least a short-term relief bounce.
Timeframe Analysis
Short-Term (3H - Intraday to Few Days)
• Current Price Action:
• Price is hovering above a strong liquidity zone near $246-$250.
• The stochastic-based oscillator at the bottom is in the oversold region with blue triangles indicating potential buying interest.
• Previous Break of Structure (BoS) & Change of Character (CHoCH) events confirm short-term trend shifts.
Key Levels to Watch:
• Resistance: $270 (previous rejection), $280-$285 (key range high).
• Support: $246-$250 (buying zone); a break below could send it toward $234.
• Short-Term Probabilities:
• Bounce to $270: ~60% chance if support holds. [
• Break below $246: ~40% chance leading to $234-$236.
COIN: Buy ideaThis configuration of the chart on COIN points out to us a great buying opportunity. This purchase will occur when the resistance line is broken forcefully by a large green candle and followed by a large green volume. Furthermore, this will be confirmed by the strong break of the vwap indicator.
COIN: Setting up neatly with crypto tailwindWhat I like
- Bullish Pendant breakout on the daily timeframe.
- Tailwind from crypto sector. Trump is in favour of crypto. I track the relative strength of 60 over sectors, see attached excel, and crypto sector (BLOK) is one of the strongest
- Cup and handle formation
- It is a healthy chart. Burst higher -> consolidation -> burst higher. Repeat
Trade plan
- Intend to hold this for a longer period. I have initiated a small position in today's breakout (~293). Wait for the full cup and handle formation, and add on shares when it breaks out again.
Coinbase: Brief BreakoutCoinbase’s positive earnings initially served as a catalyst for a brief breakout from the previously established range, with shareholders enjoying a nearly 16% gain. However, the euphoria was short-lived, and the stock quickly retreated. We attribute the current fluctuation to the blue wave (v), which should provide further increases and ultimately complete the larger magenta wave above the resistance at $343.92. Adjustments to our wave count will only be necessary if the price falls below the support at $224 (probability: 33%).
COIN – Watching for a Move to 297COIN has shown strong volatility recently, and I have 297.86 as a potential upside target before mid-April.
Price Behavior:
We've seen multiple attempts to break higher.
If momentum continues, the 297 area could be reached.
I'll be watching to see if price sustains strength or struggles near this level.
Not in a position yet, just observing how this unfolds. 📈 #COIN #Stocks #Trading
$COIN The Retail Money PitCoinbase stock has consistently underperformed due to growing concerns about the companies long term viability. Despite good earnings, smart money knows strong quarterly reports will come and go with each cycle. Save your hard earned money and invest in a more fruitful buisness model.
Coin update and targetCoin I have not covered in a while since I sold my shares for a 550% gain last year. I thought this sell off was ridiculous after such blowout earnings. The market does not realize how large stable coin backed bonds will be. Since these stables are backed by USD, this will be an easier way to enter bonds for yield, especially since the dollar still crushes other fiat.
The chart I am posting is my typical weekly, the broadening channel I drew from the start is still in effect and I use it as a guide for my target which is 325-350$. The stochastic RSI is heavily bottomed out and BBWP recently flashed blue on the daily chart (very low historic volatility).
My plan:
I entered Coin on the dump with spot shares, I also added about 15% of the total position as levered Coin (CONL). I plan to exit between 310-325$.
Zigzag on Coinbase Global. COINText book example of an Elliott zigzag. 3 or 5 wave move, followed by ABCDE retraction to 0.618, fibtime B Wave over 1.0 and now price action confirmed by MIDAS line cross. MIDAS line cross for confirmation, we found, is superior to neckline/trendline cross for confirmation. To play the devil's advocate, this may be a more complex B wave and we might observe more floundering for some time.
Coinbase - potential downsideI think coinbase has a good chance if still heading a bit lower down to 220.
The move down today so far so been very swift after a breakout yesterday which is indicative of a false break.
There are however mixed signals as other miners look ok.
However CLSK also has this bearish look to it so I think further downside is more likely before the market continues higher.
COINBASE ($COIN) – RECORD EARNINGS, VOLATILE REACTIONCOINBASE ( NASDAQ:COIN ) – RECORD EARNINGS, VOLATILE REACTION
(1/8)
Coinbase just posted a Q4 2024 revenue of $2.27B (+138% YoY, +89% QoQ!)—crushing estimates of $1.87B. Transaction revenue soared 194% YoY to $1.6B. Ready to dive in? Let’s go! 🚀💸
(2/8) – EARNINGS BEAT
• EPS: $4.68, smashing estimates of $2.04 🤯
• Net income: up 300% YoY, fueled by trading volume +185% 📈
• Assets on platform: +46%, sign of growing trust and adoption 👥
(3/8) – STOCK REACTION?
• Surprisingly flat or slightly down post-earnings 🤔
• Market may have priced in these mega-growth numbers already
• High beta (3.61) means volatility—strap in! ⚠️
(4/8) – SECTOR SNAPSHOT
• P/E ratio ~49.5 (forward 43.76)—high, but robust growth could justify 🏦
• Analysts’ avg. price target: $274.65 vs. current price ~$300—some see overvaluation unless growth keeps surging 💹
• Faster revenue growth than many fintech peers, yet higher volatility 🌀
(5/8) – RISKS TO WATCH
• Crypto Volatility: If the market cools, trading volume slides 😰
• Regulatory Battles: SEC classification = potential compliance woes ⚖️
• Competition: Binance, Kraken, DeFi—Coinbase must keep innovating 🏁
• Economic Sensitivity: Slowdowns can reduce trading appetite 🌐
(6/8) – SWOT HIGHLIGHTS
Strengths:
• U.S. market leader, regulatory advantage 🇺🇸
• Growing subscription/services revenue (+71% YoY)
• User base & brand loyalty remain strong 🌟
Weaknesses:
• Reliance on crypto market sentiment → volatility
• Elevated valuation vs. peers, less margin for error
Opportunities:
• Expand into regions with surging crypto adoption 🌍
• Tokenization, stablecoins, new blockchain products
• Potentially friendlier crypto regs = less legal risk 👀
Threats:
• Regulatory crackdowns → higher costs, narrower product offerings
• DeFi could disrupt centralized exchanges
• Market saturation → possible price wars 💢
(7/8) –Is Coinbase overvalued at $300 despite epic growth?
1️⃣ Bullish—Crypto momentum will keep fueling NASDAQ:COIN 🚀
2️⃣ Neutral—Growth is great, but so is the price 🤔
3️⃣ Bearish—Regulatory & competition threats loom large 🐻
Vote below! 🗳️👇
Confessions from the Desk FEB 450 CALL | 37 cents BOOM OR BUST Confessions from the Desk
TIP LINE
"The market is not rational, but your margin calls are very real."
"If it’s not in the S&P 500, it’s in God’s hands."
"Buy the rumor, sell the fundamentals."
For NASDAQ:COIN earnings, are we thinking “to the moon” or “back to the depths of 2022”?
Stock of the Day: Coinbase Earnings Eye Crypto’s Trump Bump
Donald Trump’s return to the White House has fueled optimism for crypto, pushing Coinbase stock up 40% to $272 and Bitcoin up 42% to $96,882. Investors are now eager to see if Coinbase’s Q4 earnings match the hype. Analysts project EPS of $2.11 and revenue of $1.84 billion, nearly doubling last year’s figures of $1.04 EPS and $954 million revenue.
Trump’s pro-crypto stance, including lighter regulations and crypto-friendly appointments at the SEC and other agencies, has been a boon. Coinbase, previously sued by the SEC in 2023, may now see the case dropped or settled favorably.
However, reduced regulation could invite competition from traditional brokers entering the crypto space. Coinbase’s Q4 trading volume is estimated at $216 billion, up from Q3 but still far below early 2024 peaks. Growth in its subscription and services business, projected at $611 million, will also be closely watched.
COIN Coinbase Global Options Ahead of EarningsIf you haven`t bought COIN before the previous earnings:
Now analyzing the options chain and the chart patterns of COIN Coinbase Global prior to the earnings report this week,
I would consider purchasing the 285usd strike price Calls with
an expiration date of 2025-2-14,
for a premium of approximately $7.65.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
COINBASE - Can the great crypto bull run repeat good EPS?Hi guys we are going to have an overlook of Coinbase before their earnings so we can try and extract some great value!
Coinbase Global, Inc. (COIN) is set to release its fourth-quarter 2024 earnings report on February 13, 2025. Analysts are optimistic, anticipating significant growth driven by increased trading volumes and strategic initiatives.
According to Coin Metrics, Coinbase's trading volumes reached approximately $430 billion in Q4 2024, the highest since 2021, fueled by renewed market optimism post-U.S. election. This surge is expected to result in revenues of around $2 billion, marking a 109% year-over-year increase and a 65% rise from the previous quarter.
Analysts project earnings of $1.90 per share, reflecting an 83% year-over-year increase, and revenues are expected to rise by 87% from the same quarter last year, reaching $1.78 billion.
Coinbase's efforts to diversify its revenue streams are also paying off. Subscription and services revenue is expected to grow by 46.7% year-over-year in Q4 2024, following a 66.3% increase in Q3 2024. This growth underscores the company's successful expansion beyond trading fees.
The company's strategic initiatives, including product expansion and improving regulatory clarity, are enhancing its role in the crypto industry. Notably, there has been strong user growth, with a significant rise in monthly active users and wallet activity, reflecting steady demand.
In anticipation of these positive developments, Coinbase's stock has surged approximately 81% over the past year, driven by a crypto rally linked to the presidential elections and declining interest rates.
Given these factors, Coinbase is well-positioned for a strong performance in its upcoming earnings report, reflecting its robust growth trajectory and strategic advancements in the crypto industry.
Entry would go as follows :
On market open
Target : 326 below the ATH so we can have a protective and reachable take profit
SL around the GAP which was formulated above the weak support line! : 215
Short on COINCrypto continuing its corrective patterns and so you shouldn’t expect anything different for COIN. DMI showing strong bearish sentiment and a zigzag takes price to the gap that will likely fill. Look for a bullish divergence and gap fill before going long on this one.
Be patient and stick to your conditions. An opportunity is coming.