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07-31

$Coinbase Global, Inc.(COIN)$ πŸš€πŸͺ™πŸ”’ Coinbase: Cup, Clarity, and $4.4M Conviction πŸ”’πŸͺ™πŸš€

I’m extremely confident Coinbase is approaching a moment of structural transformation. After years of volatility and regulatory headwinds, $COIN is now retesting its original IPO breakout zone with renewed strength, broader institutional alignment, and market validation from both options flow and macro catalysts.

I believe the most important chart right now is the long-term daily cup formation. Price has returned to the $370–$430 range, precisely where it first listed. That curved base isn’t just a pattern; it’s a multi-year sentiment recovery. Price has coiled and climbed for over two years and is now confronting prior highs with volume and velocity. This is a retest of historical significance, with earnings on 31Jul25 acting as the final catalyst.

From a trader’s perspective, the size of conviction is staggering. A bold player swept 2,000 $380 August 15 calls for $22 per contract, totaling $4.4 million. That’s not casual. That’s a directional, high-speed bet into a binary earnings event, placed with urgency. Someone clearly believes $COIN won’t just hold, it’ll surge!

Technically, we’ve already cleared and backtested Delta T3 ($380.75), dipped into the T2 zone intraday, and rallied again. Now we’re eyeing:

β€’ T4 swing target: $438.62

β€’ Historical resistance: $429.54 (IPO neckline)

β€’ Support zone: $362–$367, with volume shelves protecting downside

I’m positioned for a potential full extension through T4 as we close out July. The 4H Keltner and Bollinger bands are widening again. The weekly chart shows $COIN breaking above its 10, 20, and 30 MAs, with RSI climbing near 68 and MACD momentum fully intact. These are bullish continuation signals with room to run.

Macro-wise, Coinbase’s integration with JPMorgan Chase changes the rules. This fall, Chase credit card holders will fund wallets directly through Coinbase. By 2026, they’ll redeem points into USDC. That makes Coinbase a gateway, not just an exchange. With the crypto market pushing toward $4 trillion and stablecoin infrastructure growing rapidly, $COIN’s role as a TradFi–DeFi bridge is being locked in at scale.

Coinbase has also cemented its spot in the S&P 500, bringing ETF exposure from $VOO, $QQQ, and $ARKK. This guarantees long-term passive flows, regardless of near-term volatility. And with institutional wallets rotating back in, as seen with the aggressive call sweep and heavy bid/ask volume,I expect any pullbacks to be short-lived.

I’m positioned long into earnings, with a view toward a decisive breakout above the $430 neckline. If we clear that with volume, the cup-and-handle breakout could project toward $600 in later phases. But first, we watch earnings and the $438.62 T4 level closely.

πŸ“’ Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets πŸš€πŸ“ˆ I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! πŸ€

Trade like a boss! Happy trading ahead, Cheers, BC πŸ“ˆπŸš€πŸ€πŸ€πŸ€

@Tiger_comments @TigerPicks @TigerStars @TigerWire @Tiger_Earnings @SPACE ROCKET 

Coinbase $2.3B Convertible Note: Smart Move or Red Flag?
Coinbase Global was down 6.3%. The crypto exchange unveiled a convertible note offering worth up to $2.3 billion on Tuesday. Coinbase said it plans to offer $1 billion in convertible senior notes due in 2029, and $1 billion due in 2032 in a private offering. The company also expects to grant options to purchase up to an additional $150 million of each set of notes. -------- How do you view a company issuing new shares at high levels? Is it a case of cashing out on retail investors, or simply a good time to raise funds? At what price would it be a good opportunity to buy the dip?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Enid Bertha
    07-31
    Enid Bertha
    JPM just did COIN the biggest gift of year, wow this will move ahead a lot based on them giving a lot of folks confidence now.

  • Valerie Archibald
    07-31
    Valerie Archibald
    Huge upside after earnings call

  • Tui Jude
    07-31
    Tui Jude

    Great article, would you like to share it?

  • Hen Solo
    07-31
    Hen Solo

    Great article, would you like to share it?

  • Queengirlypops
    07-31
    Queengirlypops

    Great article, would you like to share it?

  • ζˆ‘θ¦εšεΆθ£ζ·»
    07-31
    ζˆ‘θ¦εšεΆθ£ζ·»

    Great article, would you like to share it?

    • Barcode:Β 
      Thanks for reading πŸ€
    • Barcode:Β 
      I appreciate you sharing with the community πŸ€
    • Barcode:Β 
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