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 02/03/2023 (GMT)

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  • Timeframe : 15 min.
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 78.60 USD
My targets
88.56 USD (+4.39%)
95.67 USD (+12.76%)
My analysis
The bullish trend is currently very strong on COINBASE GLOBAL INC.. As long as the price remains above the support at 78.60 USD, you could try to benefit from the boom. The first bullish objective is located at 88.56 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 95.67 USD as an objective. Crossing it would then enable buyers to target 105.79 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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 confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.2

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 nycjets. Take part yourself by sharing additional analysis on another time unit:
1H Daily Weekly

Additional analysis

Quotes

COINBASE GLOBAL INC. rating 84.84 USD. The price has increased by +4.15% since the last closing and was traded between 73.02 USD and 87.63 USD over the period. The price is currently at +16.19% from its lowest and -3.18% from its highest.

73.02
87.63
84.84

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical


Technical analysis of COINBASE GLOBAL INC. in 15 min. shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 13 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly


Ichimoku - Bearish crossover : Tenkan & Kijun

Type : Bearish

Timeframe : 15 minutes


Williams %R indicator is back over -50

Type : Bullish

Timeframe : 15 minutes



Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:

Central Candlesticks

Black gravestone / inverted hammer

Type : Bearish

Timeframe : 15 minutes




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 56.66 62.46 74.97 84.84 98.02 112.71 130.15
Change (%) -33.22% -26.38% -11.63% - +15.54% +32.85% +53.41%
Change -28.18 -22.38 -9.87 - +13.18 +27.87 +45.31
Level Major Major Major - Intermediate Minor Minor



To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard54.1061.2171.3378.4488.5695.67105.79
Camarilla76.7278.3079.8881.4683.0484.6286.20
Woodie55.6261.9672.8579.1990.0896.42107.31
Fibonacci61.2167.7971.8678.4485.0289.0995.67


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard40.5345.0653.2257.7565.9170.4478.60
Camarilla57.8859.0460.2161.3762.5363.7064.86
Woodie42.3445.9755.0358.6667.7271.3580.41
Fibonacci45.0649.9152.9157.7562.6065.6070.44


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard8.5220.0339.2650.7770.0081.51100.74
Camarilla50.0352.8455.6658.4861.3064.1266.93
Woodie12.3721.9643.1152.7073.8583.44104.59
Fibonacci20.0331.7839.0350.7762.5269.7781.51

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): 69.63
MACD (12,26,9): 2.8000
Directional Movement: 19.84
AROON (14): 35.71
DEMA (21): 84.29
Parabolic SAR (0,02-0,02-0,2): 73.73
Elder Ray (13): 4.85
Super Trend (3,10): 76.98
Zig ZAG (10): 86.09
VORTEX (21): 1.1100
Stochastique (14,3,5): 86.26
TEMA (21): 83.56
Williams %R (14): -9.75
Chande Momentum Oscillator (20): 5.74
Repulse (5,40,3): 6.8500
ROCnROLL: 1
TRIX (15,9): 0.5400
Courbe Coppock: 2.84
MA7: 65.92
MA20: 54.45
MA50: 45.42
MA100: 54.68
MAexp7: 83.20
MAexp20: 80.30
MAexp50: 74.42
MAexp100: 68.54
Price / MA7: +28.70%
Price / MA20: +55.81%
Price / MA50: +86.79%
Price / MA100: +55.16%
Price / MAexp7: +1.97%
Price / MAexp20: +5.65%
Price / MAexp50: +14.00%
Price / MAexp100: +23.78%

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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