Coinbase Global, Inc. Class A Stock Forum (MIL:1COIN)

13 hours ago

extremely lagging

17 hours ago

MSTR is also almost 6% Up, but why the heck is this is lagging a lot with all the positive headlines? TIA

18 hours ago

btc dumps 2% coinbase dumps 6% BTC pumps 4% coinbase pumps 1% make it make sense lol. Plus they’ve released all this good news

EExile1

19 hours ago

yup I’m cooked Coin is weak asf this week look like it wants sub $240

The-Thief

yesterday

📉 The Setup (The "Why"):
A clear bearish confirmation has triggered following a breakdown from a Triangle pattern, reinforced by momentum falling below key moving averages. The structure suggests a path toward lower support.

🎯 The Plan (The "How" – Thief Style):
We're not rushing in. We're scaling in with multiple Sell Limit orders to improve our average entry price—like a thief picking multiple locks on the same vault. 🏦
Entry Layer 1: $256.00
Entry Layer 2: $250.00
Entry Layer 3: $248.00
Entry Layer 4: $240.00
(Feel free to adjust the number of layers and price levels based on your own risk appetite and market flow).

🛑 Risk Management (The Escape Route):
A unified Stop Loss is suggested above $265.00, a level that would invalidate the current breakdown structure.
➡️ Note, Thief Crew: SL/TP levels are personal. You captain your own ship. Manage risk based on your own strategy.

💰 Profit Target (The Getaway):
We’re eyeing a drop toward the $220.00 zone, where a confluence of strong historical support and potential oversold conditions may cause a pause or correction. The goal is to exit before "market police" show up for a reversal! 🚔
➡️ Same note as above: Take profits according to your own plan.

🔍 Related Pairs & Assets to Watch:

BTCUSD (Bitcoin): High Positive Correlation. COIN often moves in sympathy with Bitcoin. A bearish BTC outlook strongly reinforces this COIN play.

ARKB / BITB (Bitcoin ETFs): Watch for flows. Outflows could add selling pressure to the crypto ecosystem, impacting COIN.

NDX (Nasdaq 100): General Market Correlation. Broad tech weakness could provide an additional tailwind for this bearish thesis.

✨ Final Note:
This is a "Thief Style" strategy outline—a methodical, fun way to visualize layered entries. Always conduct your own analysis.