COINBASE GLOBAL INC.
COINBASE GLOBAL INC.
- USD (-)
- 15 min delayed data - NASDAQ Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: COIN
ISIN:

COINBASE GLOBAL INC. - 15 min. - Technical analysis published on 07/19/2021 (GMT)

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  • Timeframe : 15 min.
  • - Analysis generated on
  • Status : TARGET REACHED

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Summary of the analysis

Trends
Short term: Strongly bearish
Underlying: Strongly bearish
Technical indicators
39%
39%
22%
My opinion
Bearish under 225.66 USD
My targets
220.01 USD (-0.44%)
215.02 USD (-2.70%)
My analysis
The bearish trend is currently very strong for COINBASE GLOBAL INC.. As long as the price remains below the resistance at 225.66 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 220.01 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 215.02 USD as an objective. Crossing it would then enable sellers to target 209.37 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Vincent Launay. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

The COINBASE GLOBAL INC. price is 220.98 USD. The price is lower by -1.79% since the last closing and was between 213.22 USD and 221.89 USD. This implies that the price is at +3.64% from its lowest and at -0.41% from its highest.

213.22
221.89
220.98

The Central Gaps scanner detects the formation of a bearish gap marking the strong presence of sellers ahead of buyers at the opening. This formed a quotation gap.

Central Gaps

Opening Gap DOWN

Type : Bearish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by COINBASE GLOBAL INC.:
The study of the highest / lowest by the Central Records scanner shows the following result:

Central Records

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of this 15 min. chart of COINBASE GLOBAL INC. indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators scanner detects a bearish signal on moving averages that could impact this trend:

Central Indicators

Moving Average bearish crossovers : MA20 & MA50

Type : Bearish

Timeframe : 15 minutes



The technical indicators are generally neutral. They do not provide relevant information on the direction of future price movements.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is under support 1

Type : Neutral

Timeframe : 15 minutes


Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : 15 minutes


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Central Patterns

Near support of channel

Type : Bullish

Timeframe : 15 minutes



No result was found by the Central Candlesticks scanner on Japanese candlesticks.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 210.77 220.57 220.98 232.39 239.79 246.89
Change (%) -4.62% -0.19% - +5.16% +8.51% +11.73%
Change -10.21 -0.41 - +11.41 +18.81 +25.91
Level Intermediate Minor - Intermediate Intermediate Minor



Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard209.37215.02220.01225.66230.65236.30241.29
Camarilla222.08223.06224.04225.01225.99226.96227.94
Woodie209.05214.86219.69225.50230.33236.14240.97
Fibonacci215.02219.08221.59225.66229.72232.23236.30


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard177.44198.90211.96233.42246.48267.94281.00
Camarilla215.52218.68221.85225.01228.17231.34234.50
Woodie173.23196.80207.75231.32242.27265.84276.79
Fibonacci198.90212.09220.24233.42246.61254.76267.94


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard171.95191.36222.33241.74272.71292.12323.09
Camarilla239.45244.06248.68253.30257.92262.54267.16
Woodie177.73194.25228.11244.63278.49295.01328.87
Fibonacci191.36210.61222.50241.74260.99272.88292.12

Numerical data


The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators
Moving averages

RSI (14): 41.36
MACD (12,26,9): -2.2000
Directional Movement: -12.09
AROON (14): -57.14
DEMA (21): 219.21
Parabolic SAR (0,02-0,02-0,2): 220.47
Elder Ray (13): -0.73
Super Trend (3,10): 221.89
Zig ZAG (10): 220.50
VORTEX (21): 0.9500
Stochastique (14,3,5): 50.12
TEMA (21): 218.01
Williams %R (14): -50.14
Chande Momentum Oscillator (20): -5.71
Repulse (5,40,3): 0.6600
ROCnROLL: 2
TRIX (15,9): -0.1000
Courbe Coppock: 7.06
MA7: 235.06
MA20: 236.93
MA50: 239.84
MA100: -
MAexp7: 219.82
MAexp20: 221.72
MAexp50: 224.85
MAexp100: 229.47
Price / MA7: -5.99%
Price / MA20: -6.73%
Price / MA50: -7.86%
Price / MA100: -
Price / MAexp7: +0.53%
Price / MAexp20: -0.33%
Price / MAexp50: -1.72%
Price / MAexp100: -3.70%

Quotes : - 15 min delayed data - NASDAQ Stocks

This member declared not having a position on this financial instrument or a related financial instrument.

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