COIN Cup and Handle - BullishFormation on 4-year chart on daily Handle. Enter long position if break $280 steadily and use $270 as stop loss, targeting $410 will give you a Risk/Reward of more than 10. This is also a trump trade. Any favorable crypto policy can lead to a big jump in the COIN priceLongby zwu6
Coinbase Potential for POPCoinbase has been in a long time accumulation range between approx $50 - $110. I have marked some of my levels for the longer time frame if the stock / BTC performs well. One thing to note, if we take a look at the fixed range volume profile, you will notice the majority of the volume is being traded below the current price of $82. The range point of control sits at approx $70, with the Value Area Low being $31. A big level to watch could be $138-$140, which is the Value Area High for the stock. Any type of strong momentum above that price can potentially rocket this stock back towards all time highs if the resistance levels are broken. Moral of the story, majority of the volume on this stock sits in the accumulation zone which may be behind us. Longby afurs1Updated 9
COIN, 40% gain to be expectedHi all, I thought I would share this stock, which I've been trading for over two years. COIN and BTC are very closely correlated. I posted about BTC just a bit ago and I expect BTC to be in 60-70k range for this new bull cycle. This means COIN should cross $240 and could get to $260-270 range once again. We are looking at an easy 40% gain. Take a look for yourself and see if I'm wrong 😉 Green pips to you 🤑Longby Saver0Updated 2212
COINBASE Ahead of an enormous bullish break-out.In recent times, we have focused on Coinbase's (COIN) long-term potential on higher time-frames (1W) like the one below (September 09) where we gave a great buy signal on the absolute bottom of the 2-year Channel Up: On today's analysis we look into the 1D time-frame as Coinbase is about to test its longest 2024 Resistance, the Lower Highs trend-line that started after the March 25 2024 High. With added bullish pressure by the 1D MACD Bullish Cross formed 2 days ago, if this Lower Highs trend-line breaks, we can technically have a very aggressive rally. The September 06 bottom can be seen as the start of the Head of an Inverse Head and Shoulders (IH&S) pattern, which has a standard Target on the 2.0 Fibonacci extension. That is just above $340. As a result, if the Lower Highs trend-line breaks, you can take additional buys to target $340. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot3336
COIN BASE, LIKE A REAL BASE? OF COINS? CHARTTrends are marked, as are price targets and guidelines—though the latter shouldn't be followed, they do project a significant move to maintain COIN's bullish trend over a longer period. Major resistance lines are noted; however, be vigilant for a trend break, which could signal an exit if you're trading. The maximum I foresee is around 525, but if the crypto market surges, those numbers could climb higher. Currently, if you're skeptical about a 'squeeze,' safer numbers are provided. I've attempted to include both bearish and bullish targets, both of which have the potential to exceed expectations. The yellow circle indicates a potential "breakout zone," but as this extends over time, it could also present significant resistance, so it's a matter of risk levels and what you're comfortable investing at that point. For the daring traders, I personally view an upward move as more probable. This isn't to say I'm endorsing a reckless approach, but it represents the more extreme side of the bullish projection. Otherwise, adhere to the established price targets and trends. A bullish long-term trend, at least, offers the opportunity to hold for the long term if a trade doesn't pan out as expected—once again, the level of risk is crucial. For those who are not fond of crypto, just consider how often you've heard the phrase, "if only I had bought BTC in 2016." Longby nicktussing77116
coinbase global stock is bullishcoin stock after breaking static trendline is trying to test once again its upper trendline according to the pattern, after trendline testing the stock price will decide which way to go wait to see the resultLongby MtICHIUpdated 9
Inverse Head and ShoulderInverse head and shoulder on the daily chart. If breaks the neckline, can get a run back up to $400.Longby TheFriendlyTrader9
COIN Coinbase Global Options Ahead of EarningsAnalyzing the options chain and the chart patterns of COIN Coinbase Global prior to the earnings report this week, I would consider purchasing the 200usd strike price in the money Calls with an expiration date of 2024-11-15, for a premium of approximately $21. If these options prove to be profitable prior to the earnings release, I would sell at least half of them. Longby TopgOptionsUpdated 9
COINBASE NEW HIGHS ??Good morning! Observing the cup and handle structure on Coinbase in the weekly timeframe, awaiting a possible breakout and confirmation! NASDAQ:COIN Target 1: $364 USD Target 2: $498 USD I hope this is valuable for you. If you liked it, please give it a like! If you want to see more, follow me! If you didn’t like it, I welcome feedback and comments!Longby Crypto_girl02818
$COIN $140 before $300+?If you look at the chart, NASDAQ:COIN has broken out of it's downtrend but has now formed a lower high and looks to be set to go lower from here. I think the most likely scenario here is for NASDAQ:COIN to correct to the $140 area before moving up to the $350 resistance area. This would also line up with my thinking that CRYPTOCAP:BTC moves down to GETTEX:54K -48k before seeing new highs. Let's see how it plays out over summer.by benjihyamUpdated 9914
$COINBASE as BTC going UP! 3 targets, let´s see.To continue with my theory, Q4 is from the Cryptos. Q2 and Q3 were stocks, but now is the Crypto moment, and the stocks that will do well in my view are from this sector. In the case of NASDAQ:COIN we have a Breakout on the Daily RSI, about to do so on the weekly, which would give a confirmation. And we need to break the 200 MA for another confirmation. So: Confirmation 1 Breakout MA 200. Confirmation 2 Breakout RSI weekly. Stop Loss: At $154. Targets: T1: $255.78 T2: $317.92 T3: $399.04 Maximum 5% of the portfolio. Longby PickleBiitUpdated 3312
Opening (IRA): COIN Dec 20th 80/140 Short Put Vertical... for a 4.51 credit. Comments: High IVR/IV at 62/86.1. Another trade in the same vein as my MSTR trade (See Post Below). Metrics: Buying Power Effect: 55.49 Max Profit: 4.51 ROC at Max: 8.13% 50% Max: 2.26 ROC at 50% Max: 4.07%Longby NaughtyPinesUpdated 6
Coinbase (COIN) AnalysisCompany Overview: Coinbase NASDAQ:COIN is one of the largest and most recognized cryptocurrency exchanges globally, offering a wide range of services, from retail trading to institutional crypto solutions. The company has focused on strengthening its position in the crypto ecosystem by targeting both retail and institutional investors. Key Developments: Institutional Adoption & BlackRock Partnership: Coinbase’s strategic partnership with BlackRock allows Aladdin clients to access cryptocurrency trading and custody services via Coinbase Prime, which caters to institutional investors. This partnership has the potential to drive significant institutional capital into the platform, thereby increasing transaction volumes and boosting revenue. Diversification Efforts: Coinbase has successfully reduced its dependence on trading fees by growing its subscription and services revenue, which saw a 34% year-over-year increase in Q2 2023. This revenue diversification helps mitigate the impact of the volatile trading environment often seen in the cryptocurrency space. Regulatory Compliance: With regulatory scrutiny tightening across the crypto industry, Coinbase’s strong focus on compliance gives it a competitive advantage. As regulatory hurdles increase, the company is likely to capture market share from less compliant competitors, positioning itself as a trusted platform in an evolving regulatory landscape. Product Innovation: Coinbase continues to innovate with new offerings like the Ethereum layer-2 network and enhanced staking services. These product launches not only enhance Coinbase’s competitive edge but also position the company well for future growth in decentralized finance (DeFi) and staking markets. Investment Outlook: Bullish Outlook: We are bullish on COIN above the $180.00-$185.00 range, driven by institutional adoption, diversification of revenue streams, and strong regulatory positioning. Upside Potential: Our price target for Coinbase is set at $370.00-$375.00, reflecting its potential to capture more institutional market share and sustain growth through innovative product offerings. 🚀 COIN—Leading the Way in Institutional Crypto Adoption! #CryptoInnovation #InstitutionalAdoption #CryptoComplianceLongby Richtv_official7
Coinbase UpdateFriday price saw a move higher just to fall back down. This is either the start of our b wave in a miniscule wave a, or it is wave 4 within the subminuette a wave. It is too early to tell yet, but we can look for clues to guide us in the near term. If we can manage to make another low, it should be minimal and would mean the turquoise count prevailed. Minus a new minimal low being carved out, I anticipate we move higher to the smaller target box above. That would constitute the subminuette b wave. Remember B waves of any degree are unpredictable and aren't required to move that high. That is just the STANDARD place for price to terminate before heading back down. One last thing, the abc pattern of one larger degree has the 1.0 down @ $120.33. Does this mean we will head there for our final move down? It is very possible and something that needs to be watched. One key ingredient to this will be how high this next subminuette b wave raises to. The next levels of fibs created by this move higher will help give clarity / guide us. Don't forget though, Big count is King.by TSuth6612
COINBASE | COIN & SECCoinbase shares are up 35% since the SEC sued the crypto exchange for allegedly selling unregistered securities But Coinbase stock has bounced back, rising some 35% after dropping to a low of about $50 on the day that the SEC sued the U.S.’s largest crypto exchange. As of Wednesday morning, shares were trading near $70, and the publicly traded company’s market capitalization has risen to about $16.5 billion. The resurgence of Coinbase mirrors the broader boomerang of the crypto market in June, riding a Wall Streetfueled fever for Bitcoin that has lifted other cryptocurrencies and injected optimism into an industry that was reeling from a battery of enforcement from the federal government. The Coinbase stock has been rallying, the price of Bitcoin has been rallying, and then these two things usually play off of each other. Specifically, Bitcoin’s resurgence is tied to BlackRock’s recent filing of an application for Bitcoin spot exchange-traded fund, a surprising vote of confidence from the US.’s largest asset manager in the world’s largest cryptocurrency by market capitalization. Shortly after BlackRock’s application became public, the price of Bitcoin soared, notching its highest price in more than a year as a slew of other asset managers filed applications for Bitcoin spot ETFs, potentially opening up the cryptocurrency to trillions in dollars from brokerage accounts and pension funds. And where Bitcoin goes, so goes the broader market, as the total market capitalization of all cryptocurrencies jumped from just about $1 trillion to now about $1.17 trillion. BlackRock’s ETF filing was not only a vote of confidence in Bitcoin but also Coinbase. Its application listed the publicly traded crypto exchange as the custodian for holding the trust’s underlying Bitcoin. For them to continue and list Coinbase as a custodian for their ETF was a strong signal that these SEC allegations are not that big of a deal I think the market is telling us…the worst is behind us, as far as U.S. regulatory crackdown is concernedby moonyptoUpdated 6619
$COIN back to $120Looking at NASDAQ:COIN on the higher time frames, showing potential for a move back down to the $120 zone after rejection from overhead levels. Moving down within a descending volatility channel, within a larger ascending channel, and looking for support in the HTF support zone below in green.Shortby BitsOfWealth221
COIN - Correction Complete + iH&SHaving had such a strong rally I somewhat lost interest in Coinbase but it does look like a great entry is on in this area to buy a solid trending crypto stock. Coinbase had quite a dump yesterday and so this is potentially a dip buy here. As we have been looking at, the slightly lower low looks very much like Wyckoff accumulation and now with yesterday's dump, a bullish Inverted Head & Shoulders may be completing here. And that slightly lower low would be the Head which completes a 3 wave correction from March top. So it looks a nice momentum buy in this area with not too much downside risk. If Bitcoin slumps again it may get back to support; so from here to support @ $161 is the buy zone. I have bought some here with long term view 👍. Longby dRends35Updated 2245
COIN: The Last Winner or the First Loser? NASDAQ:COIN Hello, everyone! I’d like to share my technical outlook on the current position of COIN. Weekly Analysis: 1. Momentum Indicators: On the weekly chart, COIN is gradually exiting oversold territory, indicated by the Relative Strength Index (RSI) and Stochastic Oscillator. This steady, controlled shift suggests a potential shift in momentum towards bullish sentiment. 2. Bullish Falling Wedge: A reversal pattern in the form of a bullish falling wedge has also emerged on the weekly chart. This pattern is typically a sign of trend reversal and implies potential upward movement if confirmed by a breakout above resistance. 3. MACD Histogram: The Moving Average Convergence Divergence (MACD) histogram is moving upward, transitioning out of the downtrend. This shift in momentum aligns with the signals from the RSI and Stochastic, further reinforcing a potential bullish reversal. Monthly Analysis: 4. Fibonacci Levels: On the monthly chart, COIN is holding above the $182 support level, which is key from a Fibonacci retracement perspective. Maintaining this level supports the likelihood of a sustained upward trend. 5. Tri Star Reversal Pattern: A Tri Star reversal pattern may be forming on the monthly chart. While traditionally consisting of three stars, even a two-star formation in this context signals a potential reversal. Summary: Taking all these factors into account, I consider it reasonable to open a long position in COIN, with a target price of $390 by the end of February 2025. This target aligns with resistance levels observed on higher time frames and with the broader bullish technical picture emerging in COIN’s momentum indicators and price action. Disclaimer: This analysis reflects my personal opinion and is provided for informational purposes only. It is not intended as financial advice or an investment recommendation.Longby NORD25119
Coinbase Double Lower High: Bitcoin, The DXY & EthereumCoinbase's highest volume came in July 2023. In Elliot Wave terms, this would mark the end of the third wave. The move from October 2023 through March 2024 would be the fifth and last wave of a bullish impulse. In this wave, trading volume is lower compared to the previous one. Good afternoon my fellow trader, Coinbase and Bitcoin move together with some slight variations. If Bitcoin is bullish, Coinbase is bullish. If Coinbase is bullish, Bitcoin is bullish. If Bitcoin turns bearish, Coinbase turns bearish. If Coinbase (COIN) is showing bearish signals and the potential to move lower, it means that Bitcoin is in the same situation. March 2024 marks the peak of the bullish impulse that started after the late December 2022 low, and in July 2024 we get the first and main lower high. Notice how in October, this month, we get a second and much lower lower high compared to July. The bearish bias and potential is confirmed based on these simple signals.' Coinbase (COIN) is set to continue lower as long as it trades below the 22-Jul-2024 peak price. A new drop would mean a lower low based on the lower high. Bitcoin, Ethereum and some other of the Crypto-giants are in the same situation. The DXY is utra-bullish and this is bearish for Bitcoin and Coinbase. Namaste.Shortby AlanSantanaUpdated 9936
COINBASE Can it recover from yet another earnings miss?Coinbase / COIN reported today earnings that missed their estimates (EPS at 0.28 against 0.45 and Revenue at 1.2B against 1.25B) and dropped more than -5% in after hours trading. This is the second seccessive earnings miss for the company. Despite yet another misfire, we believe the exchange can recovery from it, purely from a technical standpoint. Since the January 2023 bottom, it has maintained a Channel Up. During that pattern, every 1week MACD Bullish Cross formation was a strong buy opportunity, signaling the start of a bullish leg. By the end of this week, the 1week MACD should complete a Bullish Cross. As the price held the Rising Support and is climbing, we see no reason that can alter the new bullish leg. The shortest bullish leg on this Channel Up was +146.79% and another such 'bad case scenario' will almost test Resistance A. Our target is just under it at 360.00. Follow us, like the idea and leave a comment below!!Longby TheCryptagon14
COINBASE Surges as Bitcoin Breaks $71,000! Next Price Target?Analysis of Coinbase (COIN) - 15m Timeframe Trade Setup: Coinbase has shown a significant uptick as Bitcoin surged past the $71,000 mark, triggering a bullish entry point at $214.90. Volume and Momentum: Current trading volume stands at 10.46M, surpassing the 30-day average of 9.32M, signaling strong interest and momentum. Technical Levels: Entry: $214.90 Target 1 (TP1): $221.45 Target 2 (TP2): $232.06 Target 3 (TP3): $242.66 Target 4 (TP4): $249.21 Stop Loss (SL): $209.60 Catalyst: Bitcoin’s recent price surge has positively influenced Coinbase’s stock, aligning with its correlation to crypto trends. The upcoming earnings report in 2 days may add further volatility, providing potential upside if positive results are announced. Conclusion: This entry marks an opportune moment to capitalize on Coinbase's rally tied to Bitcoin’s performance. Traders should watch the earnings announcement closely as it could propel the stock further, potentially reaching the set targets.Longby ProfitsNinja226
Top 5 Weekly Trade Ideas #4 - COIN LongCOIN had a bull flag breakout recently and held on a retest last week. I like longs in this area around $200 with a stop below trendline support. BTC is on the brink of a monster breakout so we can expect COIN to follow if it manages to do it. First target is going to be the recent high near $220 and then up to the $230-$235 area. Downside target would be $195 if it fails.Longby AdvancedPlays7
$COIN ERHuge flag pattern pre-earnings, typical $20-$30 moves. Watch for: Breakout above/below flag. Stop-loss outside flag. Targets based on flagpole height. Earnings = volatility, manage risk carefully. #COINby A1TradingHub5