COIN trade ideas
$COIN - Back to $300+ 6mBasically since early December, there's been been around $1 billion in $COIN swaps per day. Last time i saw something of this scale happen was with GME & XRT in August 2020 and again on Jan 4 2021 for the same symbols and even then, the amounts paled compared to what's being traded on $COIN.
TLDR: Buy COIN Shares or contracts 8 months out. Contracts over 6 months are preferred but less than 1 year. I expect a move to happen at around 6-7 months out from now.
The move will be in the form of "Crypto is a scam" all the whilst crypto is mooning now that FTX's leveraged short machine is gone & possibly the increase of Coinbase's customerbase due to the FTX collapse. At least that's what i think. Anyway, something's gonna happen that will be assigned as the reason why COIN pumps in 6 months. In reality it's already been traded and in progress by the big guys.
coin swing bullfrom a macro perspective, we think 2023 could be a great year for swing positions. one of the ones that really sticks out is $coin.
huge valid bull div on rsi.
just closed out the gap. this should run up for most the year.
should long and add on any dips.
Something is up!A bit too much too fast but who am I to question the Crypto Gods?
COIN has benefitted. I also heard somewhere there was an international pay-off using Crypto but sounds a bit top secret to me so I did not dig in to it (o:
No recommendation.
It can be a trifle funny when someone tries to be sneaky and the only one they are fooling is themselves.
Is Coinbase Leading Bitcoin?Coinbase had an epic reversal in todays session: a Bearish Engulfing Daily Reversal to be exact. Just like Bitcoin had a multiday rally Coinbase has had a great multi day rally.
Hitting the next support will be telling for Crypto. If we lose key support on Coinbase - Bitcoin Liquidity will likely be strained.
Coinbase needs to recapture the red trendline for any meaningful move to continue...unlikely.
Coinbase breaking out - Long COINAfter a terrible 22 bitcoin is again surging to the upside. Look for related stocks like COIN Coinbase to follow.
💾 Coinbase Global, Inc. | Cash Or Crash?Do we get cash or we get a crash?
Currently COIN is trading above EMA50 as well as above the low that was set 12-May-2022.
The whole drop between early December and early January is a liquidity hunt event.
The August 2022 downtrend has been broken.
New low hit ✔
Liquidity hunt ✔
Broken downtrend ✔
We are more likely to see cash and no crash.
Namaste.
collar on COINCan't lose from here. Hedging with options, bringing in a small income and protecting capital for the next few weeks FEELS like the best approach right now.
Coinbase Global Inc Pullback After fall of >80% and establishing relative bottom, we might see cycles like those captured in purple area.
In current scale of volatility the steep fib channels will break down the cycle into common fluctuations.
Rainbow Fib simulates demand and supply levels for estimating the reversals at particular price.
Coinbase - LOWEST WEEKLY VOLUME - Bull TrapThe weekly gapped up on the lowest weekly volume since April 2022. Moves without volume are suspect. At the same time of the spike, notice ADX just rolled over hard. NO TREND. The 4hr. is extremely overbought and the 1hr. has turned over. EXPECT A HARD SELLOFF in all crypto simp coins. The bull trap is set.
COINBASE 1DA Resistance $60.28 may be targeted for COIN 1D with first base zone of $40.75 and a position may take place for $44.72
COINBASE/COIN Alternate Idea: Long to 60, Retest to $46, then upPosting as an alternate to my earlier post, as another possibility upon further charting.
Inverse fib with anchors marked is still in play, with a target of 60, then down to the 50 retrace at 46 which lines with price level, then up from there.
COIN/COINBASE Stock: Up to $56, Down to $41, Up to $84?Prediction based on technical indicators:
Up to $56 ATPOC Monday
Retrace Down to $41 throughout rest of week/into next week
Work up to inverse fib (& regular fib) extension level which both align at $83.90ish/$84 & also line with large price level from
price action on zoomed out weekly chart.
Will COIN Share price Return to Its Lowest Level Again?Coinbase’s share price continues to its negative performance and is heading towards its lowest levels since June and is also close to returning to its lowest levels since the IPO at $40.83. COIN share is being traded below the short and long-term exponential moving averages, while neither the RSI nor the MACD indicates a possible bullish reversal now.
On the daily chart, if the COIN share price fails to hold above the $44.15 support level, we may witness a return to the all-time low of 40.83.
But in the opposite case, if the COIN share price manages to recover the $52.63 level, the previous downside hypothesis may be violated, and we may witness a return of COIN share price towards the level of $63.43.
The $75 level remains the most difficult upper target at the moment with the very poor technical condition of COIN share – considering the creepy fundamental conditions of crypto market.
USD default.(flat), USD default.
TZZ(X) (/logica_levels/5074)
Big short as soon, as possible.
Short from fibo lvl.
Logged into coinbase and my balance is zero.Customer support doesn't know what is happening.
I am furious over the support from coinbase.
After speaking with customer support again for days trying
to fix connection issues and changes to my privacy now this
happens today. If you trade on coinbase check your account for any
errors or mistakes. This better be a mistake because i have not withdrawn my
balance yet. There should be over 300k on my account.
COIN LONG after a reversalCOIN's long downtrend reversed after signs of the end of the crypto winter
and SBF brought to justice to clean up the crypto industry.
Moving averages show the inflection and new uptrend.
On the volume profile, the price rose over the POC line showing
that buying pressure exceeds selling pressure.
The chart pattern shows a double bottom late December
and this past Monday clearly establishing a key support level.
This looks to be a good swing long with a target being the
0.5 fib level of the retracement from the downtrend.
Call option contracts are a good alternative to a sizeable
trade of stock.
$COINI tend to believe the low was already put in on $COIN, currently its market cap is undervalued and was a pawn in this economy. Binance who is a private company is still valued at 40 Billion
Something is wrong with coinbase the past week. There is an immediate issue to be discussed.
Security is #1 before i use an exchange.
Liquidity is #2
Options is #3
Listings is #4
Trading and privacy should be all exchanges #1 obligation.
Something is going on and we are going to get to the bottom of it.
Sessions getting terminated during trading could be manipulation.
My tests this week show my settings for privacy keep getting changed.
My account is vulnerable now.
Trading sessions terminated 73 times in 5 days and i had to log back in and perform security authentication.
If coinbase is sharing your information then your connection is not secure.
When trade charts are open they know your watching a trade and know what your doing before you do it.
Is this information being used and shared for investment strategies by third parties that coinbase is involved with.
Something smells PHISHY.....
COIN | BTC is Heating Up | LONGCoinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy in the United States and internationally. The company offers the primary financial account in the cryptoeconomy for retailers; a marketplace with a pool of liquidity for transacting in crypto assets for institutions; and technology and services that enable ecosystem partners to build crypto-based applications and securely accept crypto assets as payment. Coinbase Global, Inc. was founded in 2012 and is based in Wilmington, Delaware.
COIN bottom nears (at least S-T)I see three options:
1) the one I'd like to trade but too simple to be true is one the chart
2) the same beginning as the first option but target is modest (37sh) with further low searching
3) imminent slip to ATLs
I'm gonna stick to 1-2 options, looking for long positioning
Coinbase touches SMA resistanceCoinbase's stock (COIN) advanced in the intraday levels after announcing plans to let go of 950 employees in a step to reduce costs, especially in the crypto sector, with severance package and other costs of the termination estimated at $163 million, with the stock tumbling 12.96% in the last session, or 4.96 points, settling at 43.23, with trading volumes surpassing 24.4 million shares, above 10-day averages of 13.6 million shares.
Technically, the stock is trying to regain some recent losses, touching the 50-day SMA, while retesting the resistance of 40.83, as the RSI reached overbought levels compared to the stock's movements.
Therefore we can expect the stock to return lower, targeting the support of 20.20, provided the resistance of 40.83 holds on.
