Coin
COINBASE - SHORT This chart does not look very good, we have a trend with sell and buy zones but also resistance and support zones.
We have a broken trend line so I entered short and I will close the profit in the support area where I mentioned on the chart.
Btc Bitcoin buy weekly forecast Hello traders last time we cached the bottom of bitcoin massive point the hole week move to 30 k you can check it out off course we are in a bearish market it is not going to the moon trust me .we have a lot of pores in bitcoin that should be balanced price had been delivered in one side all the way to 9 to 10 k that is how price moves . we have next week new opportunity to change something for yourself i am expecting higher prices on bitcoin lets get it any thing in your mind comment down below good week and good trading more loading
💾 How Is The COIN Chart Looking? Bearish or...The shakeouts, the attacks, the FUD couldn't do much to stop Coinbase from growing... The chart is pointing up.
✔️ Today COIN starts above EMA10 | Bullish
✔️ Volume starts to increase | Bullish
✔️ The chart is showing a long-term bull flag | Bullish
✔️ The RSI goes above 50 | Bullish
✔️ The MACD stays above zero | Bullish
✔️ Yesterday's session closed as a full green candle | Bullish
The chart is pointing up...
Invalidation comes in a close below 50.
Any trading above 50 and we continue "Bullish" on the Coinbase COIN stock.
Namaste.
Coinbase (Will it thrive in the time of uncertainty?)
View On COIN (5 Apr 2023)
COIN is in
* Neutral in short term
* UP in Mid term
* Beutral in Long term
Coin is in the big swing mode the whole CEX (Central exchnage) industry is going thru future uncertainty.
I am seeing some minor bullish structure in tact and of course they are yet to unfold.
I will be in Neutral/Slightly Bullish mode for now.
DYODD, all the best and read the disclaimer too.
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Thank You!
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Weekly Analysis BTC via Ichimoku Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been green for 20 days and is about 6.3% wide. It has widened and is stable. The various lines indicate sideways/downtrend on the short term, uptrend/lateral on the medium and long term.
The Kijun Trend indicator now indicates looking for long positions.
Heikin-Ashi:
The Heikin-Ashi confirm bullish momentum but we observe wide shadows on the Tenkan and just above, still indicating a sideways momentum.
Supports and resistances:
- 29800.00 Chikou cusps and flat areas of Kijun and Tenkan
- 27950.00 Fibonacci
- 25000.00 Fibonacci
- 24800.00 Chikou cusps and flat zones of Kijun and Tenkan
For static price levels, the lower right chart plots the flat zones of Tenkan, Kijun, Senkou Span A and Senkou Span B on different timeframes, and the Chikou for the daily time frame.
For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Conclusions:
The situation is bullish/lateral, given also the proximity of the psychological threshold of 30000.00.
Hosoda's N wave of the ABC pattern identified several analyses ago has been centered and is acting as the resistance. It is possible to find a bullish ABC pattern indicating a first V level at 31227.96, NT level at 33467.19, and N level at 35827.10. On the other hand, a lateral/ribassist one indicating NT at 29501.31, and N at 26824.77.
It is interesting to see how BTC is recovering having closed a good quarter in conjunction with the problems in the traditional banking system.
It is important to evaluate the price close during the week on the following price structures:
- Bullish: 29500.00-29800.00
- Bearish/Lateral: 25000-26800.00
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- BTC Dominance: Decreased.
- Price of BTC: Increased.
- Expectation of Alt Cycle: Increased.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
Bitcoin 2nd Break out Soon?Bitcoin has been in a downtrend for some time now, recently been moving upwards and now it has encountered a second resist in my book, it broke out the downtrend from ATH line but now we have a candle close break-out pending. Once this break out, I am measuring last major touch on line led to a strong move downwards, i will use that same line to put towards the breakout giving me a idea where price might head to from the breakout.
Not a insane target lol, not a crazy prediction… Just Wizard TA.
Thank you and i wish all you good health.
Target i say is 57-58k ish
COINAfter seemingly bottoming out at 30 lows, COIN has range highs at 80s. It also has an unfilled gap at 77, for added confluence. It does have unfilled gaps at 63 and 59 as well, which would be great buying opportunities if we revisited those levels. Ultimately, so long as it holds above 55 I will retain my bullish bias, targeting 77/80s next.
Weekly Analysis BTC via Ichimoku Good start to the week,
Let us analyse at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
The Kumo has been green for 13 days and is about 6.40% wide. It has widened and is stable. The various lines indicate an uptrend momentum with a sideways bias in the long term and medium term. In the short term, however, the price is on the Tenkan, indicating a potential bounce or downtrend.
The Kijun Trend indicator now indicates looking for long positions.
Heikin-Ashi:
The Heikin-Ashi confirm bullish momentum and net of one red candle, the rest are green and away from the Tenkan.
Supports and resistances:
- 29800.00 Chikou cusps and flat areas of Kijun and Tenkan
- 25000.00 Fibonacci
- 24800.00 Chikou cusps and flat zones of Kijun and Tenkan
- 24400.00 Chikou cusps and flat zones of Kijun and Tenkan
- 24200.00 Chikou cusps and flat areas of Kijun and Tenkan
- 23300.00 Chikou cusps and flat areas of Kijun and Tenkan
- 21200.00 Chikou cusps and flat areas of Kijun and Tenkan
- 20200.00 Chikou cusps and flat zones of Kijun and Tenkan
- 19100.00 Fibonacci
For static price levels, the lower right chart plots the Tenkan, Kijun, Senkou Span A and Senkou Span B flat zones on different timeframes, and the Chikou for the daily time frame.
For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Conclusions:
The situation is bullish/lateral, given also the proximity of the psychological threshold of 30000.00.
Hosoda's N wave of the ABC pattern identified several analyses ago has been centred and is acting as the resistance. It is possible to find two other ABC patterns: one bullish indicating a first level at 31134.30, another indicating a sideways movement where the N wave is at 24417.14 and the NT wave at 33736.10.
From a fundamental point of view, it continues to be interesting to see more distressed banks and instead the strength of Cryptos, born precisely out of distrust in the traditional market. In general however, the FED continues to raise rates while the market is responding with a rebound in the stock market.
It is important to assess the price close during the week on the following price structures:
- Bullish: 28700
- Bearish/Lateral: 25000
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- Dominance of BTC: Increased.
- Price of BTC: Increased.
- Alt Cycle Expectation: Decreased.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
$COIN to $98-$119 based on technical analysis #bitcoin #COINYes, in spite of the news after hours today.
This pattern is ultimately in line with what I see on Bitcoin, which is a push to the center line of the overall larger channel on Bitcoin up to 35,200. I think we can get a more specific idea of our target on COIN based on the 38 & 50 % inverse fib levels drawn here which represent $98 and $119
💾 Coinbase Global, Goes Bullish | Next Target Mapped (120%)Looks like the bleeding is over for Coinbase (COIN) and this is definitely good news.
Not because of Coinbase itself but because this matches the reversal signals we are seeing on Bitcoin and the Altcoins.
Coinbase is part of crypto.
Coinbase starts to recover.
Crypto starts to recover.
Bitcoin starts to recover...
What I mean is that this stock going bullish at the same time work as a confirmation signal.
A low was hit 28-Dec.
All the major cryptocurrencies also hit a low late December.
Yesterday we saw a full green candle, increasing volume and the RSI trending upwards.
Here is what we can expect, we are going to be looking at this mid-term.
The first target will be $63.96.
Yes, there will be resistance at $45 where EMA50 sits right now but the Fib. numbers are more relevant than the moving averages to us.
The main target should be around $83...
We have until late March for this move to fully develop giving us potentially higher targets but who knows... This is what looks do-able based on the signals coming from this chart.
The whole thing/analysis/setup is invalidated if COIN moves and closes daily/weekly below $31.
By the way, hitting $83 would mean more than 120% on this bullish wave.
Namaste.
💾 Coinbase Super Bullish | Multiple Targets MappedThe consolidation pattern on the COIN-base chart we looked at changed to a bullish flag, this doesn't change much since the bullish breakout is already confirmed.
If Bitcoin growth is any indication over the weekend and the strong bullish signals on this chart we should see a continuation this week.
✔️ Gold is going bullish as well.
Short-term the next target is set at 84 and should hit very easily, followed by 100 also easy.
The higher targets will take a bit longer but there is potential for more, based on the chart.
Namaste.
Weekly Analysis BTC via Ichimoku Good start to the week,
Let us analyze at a glance the daily chart of BINANCE:BTCUSDT with Ichimoku Kinko Hyo. We use the traditional settings. There are other indicators in the analysis. We have developed and released them Open Source.
Trend:
Kumo has been green for 6 days and is about 0.7% wide. It changes abruptly but is currently widening. After the bounce on the Kumo and the Kijun Weekly now the situation is generally bullish and the Kijun Daily is on the Tenkan Weekyl level.
The Kijun Trend indicator now indicates looking for long positions, as anticipated the change was very likely and now the price is very far from the Kinun.
Heikin-Ashi:
The Heikin-Ashi confirms the rebound and strong bullish momentum.
Supports and resistances:
- 29800.00 Chikou cusps and flat areas of Kijun and Tenkan.
- 25000.00 Fibonacci
- 24800.00 Chikou cusps and flat zones of Kijun and Tenkan
- 24400.00 Chikou cusps and flat zones of Kijun and Tenkan
- 24200.00 Chikou cusps and flat areas of Kijun and Tenkan
- 23300.00 Chikou cusps and flat areas of Kijun and Tenkan
- 21200.00 Chikou cusps and flat areas of Kijun and Tenkan
- 20200.00 Chikou cusps and flat zones of Kijun and Tenkan
- 19100.00 Fibonacci
For static price levels, the lower right chart plots the Tenkan, Kijun, Senkou Span A and Senkou Span B flat zones on different timeframes, and the Chikou for the daily time frame.
For dynamic price levels, the Ichimoku lines can be observed: the Tenkan Sen (short term), the Kijun Sen (medium term) as well as the Senkou Span A and Senkou Span B (long term).
Conclusions:
The situation is bullish.
Considering the current pattern with point B at March 10 and calculated with point C at March 14, we have 28773 (NT) as an interesting level.
From a fundamental point of view, it's interesting to see several banks fail and respective central bank bailouts. In general BTC was born as a response-in the times to-similar issues, this could be the motivation for the price increase.
It is important to evaluate the price close during the week on the following price structures:
- Bullish: 28700
- Bearish/Lateral: 25000
Altcoin Cycle:
For Bitcoin Dominance and Altcoin Cycle, we can consider the weekly variation:
- Total cryptocurrency market capital: Increased.
- Dominance of BTC: Increased.
- Price of BTC: Increased.
- Alt Cycle Expectation: Decreased.
Thanks for your attention, happy to support the TradingView community.
Indicators used:
Analysis Tool
Kijun Trend Indicator
Ichimoku Support and Resistance
Chikou Support and Resistance
$COIN: weekly trend signal, could be a substantial bottomI think odds are good that Coinbase has bottomed for the first time since IPO. Worth a shot on the long side here, I like that they are planning to diversify away from US as jurisdiction and embrace international clients in a safer location allowing them to expand their offerings into lending, derivatives and whatnot.
Chart setup is very good and it should mostly correlate #Bitcoin and #miner charts so it's likely a good addition to a portfolio with exposure to crypto.
Best of luck!
Cheers,
Ivan Labrie.
ROAD TO 30K LETS GOThis week, Bitcoin has led the recovery in cryptocurrency markets.
The Fed's indirect monetary policy expansion has increased demand for riskier assets, which has benefited Bitcoin.
The following resistance levels for BTC above the current price levels are $26,750, $27,500, and $28,730.
This week, Bitcoin has been on a steep upswing, leading the cryptocurrency market rebound as the potential of the US banking crisis becoming a worldwide concern is priced in.
As the Federal Reserve decided to tighten monetary policy in November 2021, cryptocurrency markets began a long-term decline from their heights. The events of this week have contributed to a rally.
For the first time since 2008, the US Federal Reserve purchased the failed Silicon Valley Bank and Signature Bank bonds before opening a discount window for struggling banks.
As a result of the bond purchases, the Fed's balance sheet increased by nearly $300 billion, according to figures released yesterday. The demand for hazardous assets surged due to this indirect monetary expansion.
On the other side, following the bank collapses, demand for cryptos, particularly Bitcoin, increased. Withdrawals to external wallets have also increased dramatically.