COINBASE GLOBAL
COINBASE GLOBAL
- EUR (-)
- 15 min delayed data - Italy Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: 1COIN
ISIN:

COINBASE GLOBAL - 1H - Technical analysis published on 07/14/2023 (GMT)

  • 156
  • 0
  • Timeframe : 1H
  • - Analysis generated on
  • Status : WITHOUT TARGET

Analysis too old. There are no more charts available.

Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 83.85 EUR
My targets
-
My analysis
The bullish trend is currently very strong on COINBASE GLOBAL. As long as the price remains above the support at 83.85 EUR, you could try to benefit from the boom. 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.

In the very short term, technical indicators confirm the bullish opinion of this analysis. 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 Londinia. Take part yourself by sharing additional analysis on another time unit:
Daily Weekly

Additional analysis

Quotes

The COINBASE GLOBAL price is 93.94 EUR. The price registered an increase of +22.51% on the session and was between 90.40 EUR and 97.38 EUR. This implies that the price is at +3.92% from its lowest and at -3.53% from its highest.

90.40
97.38
93.94

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Central Gaps

Opening Gap UP

Type : Bullish

Timeframe : Openning



A study of price movements over other periods shows the following variations:
The study of the highest / lowest by the Central Records scanner shows the following results:

Central Records

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days

Technical


Technical analysis of this 1H chart of COINBASE GLOBAL indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by 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. But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

RSI indicator is overbought : over 70

Type : Neutral

Timeframe : 1 hour


CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour


Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Central Indicators

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour


Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour



The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
Price


S3S2S1Price
ProTrendLines 73.67 76.55 83.57 93.94
Change (%) -21.58% -18.51% -11.04% -
Change -20.27 -17.39 -10.37 -
Level Major Major Intermediate -



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
Standard73.2874.0275.3576.0977.4278.1679.49
Camarilla76.1176.3076.4976.6876.8777.0677.25
Woodie73.5874.1775.6576.2477.7278.3179.79
Fibonacci74.0274.8175.3076.0976.8877.3778.16


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard60.7963.5568.2871.0475.7778.5383.26
Camarilla70.9571.6472.3273.0173.7074.3875.07
Woodie61.7864.0469.2771.5376.7679.0284.25
Fibonacci63.5566.4168.1871.0473.9075.6778.53


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard24.2033.8549.2058.8574.2083.8599.20
Camarilla57.6859.9762.2664.5566.8469.1371.43
Woodie27.0535.2852.0560.2877.0585.28102.05
Fibonacci33.8543.4049.3058.8568.4074.3083.85

Numerical data


The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators
Moving averages

RSI (14): 74.11
MACD (12,26,9): 4.7200
Directional Movement: 27.27
AROON (14): 57.15
DEMA (21): 90.04
Parabolic SAR (0,02-0,02-0,2): 76.52
Elder Ray (13): 6.49
Super Trend (3,10): 86.91
Zig ZAG (10): 93.94
VORTEX (21): 0.9100
Stochastique (14,3,5): 82.18
TEMA (21): 92.85
Williams %R (14): -15.21
Chande Momentum Oscillator (20): 18.00
Repulse (5,40,3): -0.0600
ROCnROLL: 1
TRIX (15,9): 0.5600
Courbe Coppock: 30.69
MA7: 77.52
MA20: 66.82
MA50: 58.69
MA100: 58.52
MAexp7: 90.82
MAexp20: 84.55
MAexp50: 78.79
MAexp100: 73.23
Price / MA7: +21.18%
Price / MA20: +40.59%
Price / MA50: +60.06%
Price / MA100: +60.53%
Price / MAexp7: +3.44%
Price / MAexp20: +11.11%
Price / MAexp50: +19.23%
Price / MAexp100: +28.28%

Quotes : - 15 min delayed data - Italy Stocks

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

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