COINBASE WEEKLY VIEW H&S pattern detected on M AND W TF. On W TF we see a impulse with a corrective phase and a BOS . Waiting for smaller TF to turn bullish for a long! IF PRICE GETS UNDER THE MIN. OF THE RIGHT SHOULDER (45.9$) IT WILL INVALIDATE THE LONG POSITION. by saracingeo1
COINBASE ROCKET REFUELING COINBASE - NASDAQ:COIN Earnings release today AFTER CLOSE Monitoring Coinbase is a great way to gauge institutional interest in the crypto market, so its good to keep an eye on regardless of takin trade on it. The Chart - A pull back here would not be surprising - Price above 200 day SMA - Re-test of RSI resistance line ideal - Bounce of OBV resistance line also idealby PukaChartsUpdated 1117
COIN ready to jump on positive news (ETF?)First published idea, so be kind. I see a really tight regression over past two weeks that fits nicely inside a falling wedge (fo confirmation). Also appears that this regression is pinching against the resistance level around 83.5. The bullish wedge and this pinch point suggest some pent up energy ready to move soon - betting next week bullish run targeting 95 to 100 after SEC announcement on ARK ETF filing. Thoughts and suggestions appreciated Longby HoustonMacUpdated 228
COIN break down out of descending wedgeCOIN was consolidating in a descending wedge with an oversold Stochastic reading and was primed for a breakout, but new macro environment resulted in a breakdown out of the wedge. Bitcoin is tumbling; I would look at the 200-day as a possible support area. A bounce in the major indices would coincide with COIN retesting the wedge breakdown. That would be a good area to open shorts. A rebound back into the wedge would re-open the idea of a squeeze, where confirmation would be an upside breakout and re-test of the upper wedge trend-line.by Harrisonumi332
COIN coiling up for another impulse Up Coin made a nice impulse up this summer from 30-100 and is now correcting and coiling for another move up here. Its mid term trajectory has a lot to do with whether the macro Equity market is hit hard with what I believe is at least a mild recession coming early next year. This next impulse up takes us to the 120-130 range at least. Look for the coming ETF decisions by the SEC to be a potential catalyst for more upside. But remember...Narrative follows price...so we'll be prepared no matter what the catalyst is Cheers! Longby Brenvest1
Coin Squeeze playCoinbase is on a steady trendline down, but I believe once it catches some support, a breakthrough of the trendline will create a big squeeze in the crypto nameLongby Harrisonumi4410
COIN | Informative NASDAQ:COIN If the price of COIN breaks above the bullish line of 109.44, it may indicate a bullish signal, suggesting potential upward price movement. In this scenario, the target prices could be set at 116.30 and 150.12. Conversely, if the price of COIN breaks below the bearish line of 100.58, it may suggest a bearish signal, implying potential downward price movement. In this case, the target prices could be set at 85.35, 19.08, and 73.20. *Slightly, I'm bearish based on the daily candlestick. by shksprUpdated 4
COIN Head and ShouldersCOIN may have found a bottom with this big head and shoulders. Looking to long the break of the neckline for a massive ~90% or more gain.Longby zongweiUpdated 8820
Coinbase long SetupWe think Crypto is about to trigger a weekly bullish pattern break to the upside. Lets see if Coinbase can maintain is wide range green bar breakout. We are testing key support that has been reistance numerous times in the last 12 months. This is the beginning of a potential SR flip. Time will tell: Close tight stops. Longby Trading-Capital5
Coinbase in a correction, the levels to look atHi guys! This is a technical analysis on Coinbase (COIN) on the 1 Week timeframe. On the week of July 10th, we ATTEMPTED to try and break through the $116 ish level, which is the level where our GREEN rectangle Resistance zone begins. BUT got rejected and have been in a DECLINE for about 4 weeks including this week. Note: This weeks candle has not yet closed and we have to wait till end of week. Notice the 2 RED circles, highlighting 2 seperate times where we tested the MAJOR RESISTANCE ZONE. -> This can very well be a DOUBLE TOP. -> Which can support a continuation of the downside action. We are currently TESTING SUPPORT at the upper border of my BLACK rectangle zone This coincides with the 0.618 FIB level or the $84.07 level. Since we havent closed yet, watch how we react here -> with a potential of price bouncing to the upside. If we end up below, and in the coming weeks CONFIRM below: Our next level will be the 0.5 FIB Level, which is at 73.99 Here the 21 EMA also converges at this point This could be a STRONG SUPPORT zone due to the confluence of 2 SUPPORT levels. This could then be a BUY ZONE, area to Scale in. We can also look to the 0.382 FIB level or $63.91 This level converges with the RESISTANCE Turned SUPPORT line from the price top. This is another level, provided the 0.5 FIB level fails to hold -> WHere you can add BUY ORDERS STOCH RSI indicator -> Had a BEARISH Cross and we are currently below the 80 level. If we continue down, we can reach and stay below the 20 level for some time. This normally leads to PRICE DECLINES. Wave trend oscillator -> We have reached at area where the GREEN line is starting to show curvature to the downside. If it continues this pattern, itll add to the probability of price DECLINES. Finally the RSI - Watch how the Orange line interacts with Black line, if Orange crosses below -> it normally indicates that we are in a price decline. "COINCLUSION" (See what i did there, lol): The Week of July 10, we attempted to test resistance to enter the GREEN REsistance zone, to only meet with REJECTION. This had lead to a correction in COIN, moving us to test the 0.618 FIB level. The area which converges with our Upper border of Black Rectangle/ Resistance turned Support. This area can be a place where we could bounce in price to try and reclaim the 0.786 FIB level. But if we cant HOLD 0.618, our next level will be 0.5 FIB level. This area due it being a strong support zone, can be an ENTRY point for potential trades or scaling in/ DCA'ing. Worst case is below that level at the 0.382 FIB level, which can also be a 2nd BUY ZONE. We would like to be ABOVE the 21 EMA though, to maintain the Bullish case. Always make sure to wait for confirmation before placing BUY orders. For example: if we confirm SUPPORT above 0.618, we can have a potential bounce back to the 0.786 FIB level. So you wouldn't short but Long. Stay tuned for more updates on COIN in the near future. Thank you for taking the time to read my analysis. Hope it helped keep you informed. Please do support my ideas by boosting, following me and commenting. Thanks again. If you have any questions, do reach out. Thank you again. DISCLAIMER: This is not financial advice, i am not a financial advisor. The thoughts expressed in the posts are my opinion and for educational purposes. Do not use my ideas for the basis of your trading strategy, make sure to work out your own strategy and when trading always spend majority of your time on risk management strategy.by SafofAllTrades4
$COIN Retesting Breakout Area?There is a lot to like about this NASDAQ:COIN chart. First, it has had a long stage one base (about a year). It seems to have established an area of resistance during that basing period. Then on July 11, 2023, it broke-out with big volume, retested the next day the then on July 13th it had the biggest volume day since May 2022. Since that breakout it has consolidated and pulled back to the breakout area on lesser volume. I have no idea if it will take off again, but I like the prospects. See notes on chart for my thought process. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking. Longby jaxdog333
COIN Hammer off of Lower BBandCoinbase put in a hammer candle yesterday after a bounce off of the lower Bollinger Band which can be read as a potential bullish signal seeing as how price is seeing a further advance today on a strengthening Bitcoin price. The PPO indicator is still reading short-term bearish momentum with the green PPO line declining below the purple signal line. Both lines remain above the 0 level though so this decline in price since mid-July can be viewed as a bullish pullback. The TDI indicator shows the green RSI line trending back up after holding above 40 and is close to crossing back above the 50 level which could indicate a shift to bullish price trend forming. What we want to see is for the RSI line to continue to rise and cross above the 60 level as a sign of a true shift to bullish price trend. When the RSI is trending between 40-80 the overall price trend is considered bullish, so for now the RSI can be interpreted as a being in a bullish pullback. Back in a Coinbase trade after being stopped out last month when price spiked above $100 then declined. Watching for a potential move back to the center Bollinger Band which rests just below $100. Should price top the center Bband then a move back up toward $110 will be in play. Buy price for me today was at $87.40. Current stop-loss order is set just below the hammer candle and lower Bband at $81.17. Longby PrepForProfit7
LONG on COINCoin has bounced perfectly frm the previous resistance at 84.. good for a long position at the current price of 87 for a target of 110 and SL @ 82Longby Chitanya_Chitturi1
Coinbase (COIN) | Solid Price Action From The Current Bottom.Hi, COIN has made quite a decent bottom price action but is it enough? Some months ago mentioned in the chat room that $50 can be the spot from where to grab it technically, and back then it worked quite well. The second option was after the breakout above $75. Currently, we have a break above $75 and for me, this is quite a decent breakout - this mini bullrun managed to push above: 1. Bottom price action has drawn a bullish chart pattern called Inverted Head & Shoulders and it is activated because the mini-bullrun managed to break above the pattern neckline - now, if the price comes back and retests this area then it is an optimal buying zone and it should act as a support level. 2. Weekly EMA50 supporting the price. Basically, the average price of the last 50 weeks start to act as a support level of around $75 3. The round number $100 even got broken after the mini-rally. 4. The strong horizontal area itself got smashed and now this entire area should act as a support level to hold the price, gray horizontal line. * Considering technical analysis then the optimal buying zone should stay between $50 to $75 * First target will update on the chat. Good luck!Longby VaidoVeek2218
COIN: $94+ Target Next WeekI am officially only a turtle soup trader. Took sell side liquidity into close and expecting us to go back to $94 as we re-enter $88.50 into this week. Longby Macks_MoneyTree3
Coin run bullflag #Coin after earning sideway after reject 100$. #coin still run in Bullflag.... If bullflag activate NASDAQ:COIN may get target 120-123$ This bullflag will be failure if it drop below 88$Longby pninh0911112
Morning. Legends - except Mike 😀Well we had the earnings call this morning and another domino falls.... Coke is teaming up with coin base. Just wanted to check in with all the guys that are shorting this stock and see how you're going.... Why the bad energy....? I mean, how would you feel if you owned a public company and someone shorted your stock. empathy guys... it's just bad energy. Anyway im just here to quickly say you guys only have a matter of time to get on board before this ship sails... So pack up your gambling kits..your greed and get a bit more humble and go long on this baby. You will not be disappointed... You will see. Meow Longby The_Master_112
The growth of crypto... The growth of COIN..The growth of the crypto industry is undeniable. At these prices its a no brainer. Coinbase could be the JPM of crypto one day. Longby Gorilla_Assassin3
Go long after breakoutI am watching the TL. Today it will be weekly and monthly close too. Go long if closed above thisLongby sachin1337Updated 227
A famous Reversal Pattern | Profitable over 177%Weekly chart Coin Base ( NASDAQ:COIN ) has completed the famous Reversal Pattern that's Head Shoulders. Coin Base is trading around $78 NASDAQ:COIN has resistance ahead $85. It needs to close above that price to confirm for uptrend. Let wait and see what will happenLongby trieutvUpdated 227
Coinbase - USDAnother reference for myself. Coinbase setting up a nice looking pattern about to be picked up by MA. After 2 / 3 years downside I could see this rising alongside the crypto marketLongby HighcardJezus2
$coin heading to around 90$ in the next day or twoNASDAQ:COIN is clearly overheated and after the market rally yesterday and the SEC fud, looking to buy shorter dated puts.Shortby Apollo_21mil0