Coinbase Global (COIN) rose as high as our last target (March 05, see chart below) and has been pulling back since: The best way to view this short-term correction is on the diverging Channel Up (blue) which started on the October 27 2023 bottom. As with the longer term Channel Up, it consolidates considerably below the 1D MA50 (blue trend-line), with the...
After PEPE and LADYS went to the moon: Now I'm looking at another small-cap meme coin with potential: Bitcoin Cat BTCAT ! Let's see if it's another mooning meme coin!
Coinbase 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...
In a significant turn of events, Coinbase ( NASDAQ:COIN ), a leading cryptocurrency exchange, finds itself embroiled in legal turmoil as a class action lawsuit, initially dismissed in 2021, is revived by the 2nd US Circuit Court of Appeals. This development thrusts the platform into the spotlight once again, reigniting debates over the regulatory landscape of...
Ark Invest, the investment firm led by Cathie Wood, has sold an additional 25,662 shares of Coinbase ( NASDAQ:COIN ), worth $6.4 million, as part of its ongoing re-balancing strategy. The firm sold 22,690 shares worth $5.7 million from its Innovation ETF and 2,972 shares worth $742,000 from its Next Generation Internet ETF. This marks the first major sale of...
The Coinbase ( NASDAQ:COIN ) 4-hour chart is a perfect fractal of the Bitcoin weekly chart. Good ole' Wyckoff distribution. It even has the little Bart Simpson correction pattern from August 2020 that occurred shortly after the last halving and a few months before the first big leg up. Considering current price action, Bitcoin and Coinbase, for that matter,...
Amid escalating regulatory pressures in the United States, Coinbase ( NASDAQ:COIN ), a leading cryptocurrency exchange, has successfully secured a registration license in Canada, signaling its strategic pivot towards international expansion. This milestone achievement comes at a critical juncture for Coinbase ( NASDAQ:COIN ), amidst heightened scrutiny from US...
Market analysts have predicted a significant drop of 48% in Coinbase's GAAP EPS in the first quarter of FY24, despite the ongoing surge in the crypto market. As Coinbase Global Inc.'s ( NASDAQ:COIN ) latest quarterly earnings report approaches, Wall Street analysts have provided their forecasts for the cryptocurrency exchange platform. Despite the ongoing bull run...
Hello traders, I want share with you my opinion about Binance Coin. Observing the chart, we can see that the price Some time ago declined to 355 points, after which started to trades in an upward wedge, where it rebounded from the support line and made a strong impulse up to the 500 support level, which coincided with the support area. Soon, the price broke this...
A judge has ruled that the Securities and Exchange Commission's (SEC) lawsuit against Coinbase ( NASDAQ:COIN ), the leading cryptocurrency exchange, can proceed to a jury trial. This ruling marks a pivotal moment in the ongoing battle between Coinbase and the regulatory authorities. Moreover, NASDAQ:COIN surged by 3.28% igniting bullish sentiments on the stock...
Since Coinbase went public in April 2021, its stock price has taken quite a tumble. Looking at the weekly chart, we're in the middle of a downward trend, marked by a 5-wave cycle that's not looking too cheerful. To shake off this gloomy forecast, the stock needs to climb above the peak of Wave (1), which is at $208. If it can't make that climb, there's a good...
Amidst Bitcoin's rebound past $70,000, Coinbase ( NASDAQ:COIN ) shares soar, reflecting renewed optimism in the cryptocurrency market. Coinbase ( NASDAQ:COIN ) shares have catapulted by over 9% in the past 24 hours, mirroring the resilience of Bitcoin ( NASDAQ:COIN ) as it bounces back above the $70,000 threshold. This surge in Coinbase's share price underscores...
COIN could be forming an Inverse Head and Shoulder's pattern if this $ 50 area holds. Validation above the $ 85-90 area. Target is the distance from the bottom to the top of the shoulders which also happens to coincide with the 100 EMA. TCD
Cathie Wood's Ark Invest has divested approximately $123 million worth of shares in Coinbase ( NASDAQ:COIN ) and Robinhood ( NASDAQ:HOOD ) this week, signaling a significant shift in sentiment towards cryptocurrency-related stocks. Ark Invest, known for its bullish stance on disruptive technologies, made headlines as it offloaded substantial holdings in both...
There's been a lot of news lately about the crypto industry at large. This has meant people being bearish on crypto as well as on COIN and predicting a crash in coin stock. However, I think retail are being fleeced again by institution. They dumped the stock on retail after IPO and are hoping to scare retail into selling them back those shares at lower princes. I...
Coinbase is on a bullish 1D technical outlook (RSI = 64.977, MACD = 22.160, ADX = 33.325) but at the top of the Channel Up. The 1D RSI Bearish Divergence on LH suggests that a similar top is close to getting formed (or already has) like on December 28th 2023. All major corrections since 2023 have been at a -39% minimum and reached always the 0.5 Fibonacci from the...
Bitcoin is fighting the short term trend. its lost the 7 day moving average over the last few sessions. Bulls retraced and tried getting above. The have not been successful at confirming above the key trend. A 4 hour Head & Shoulders pattern has triggered but on watch for a potential bullish reversal.
Hi guys, this is my overview for BNBUSDT, feel free to check it and write your feedback in comments👊 Recently price has grown in rising channel, where it reached resistance line, after which it made correction. After correction, BNB bounced up from support line to resistance level, which coincided with resistance area. Soon, BNB broke this level, exited from...