COIN is on the Verge of a 50 pt Breakout
Hello everyone! Today i want to share some trading strategies with you!
$Coinbase Global, Inc.(COIN)$ is on the verge of a 50 pt breakout and I’m looking for two key things to confirm it ✅
1. COIN break above 212,
2. BTC break and hold above 76k,
IF these 2 things align here’s my trade plan:
COIN above 212
Day Trade: 3/20 215C
Swing Trade: 4/17 250C
Coinbase has been basing between 188-212 the last 10 sessions in conjunction with $Bitcoin(BTC.USD.HKCC)$. If COIN gets thru 212 with $BTC above 75k, buying pressure will increase squeezing price to 230 very quickly.
Future Growth Drivers
Operating Leverage: COIN runs a largely fixed-cost model, meaning incremental trading volume flows directly to margins during expansion cycles
Institutional Infrastructure: Custody, prime brokerage, and execution services create sticky, recurring revenue with high switching costs
Regulatory Moat: Coinbase’s US-compliant positioning benefits from regulatory clarity as weaker competitors are forced out
Product Mix Expansion: Growth in derivatives, subscriptions, staking, and services reduces reliance on spot trading fees
Base Ecosystem Growth: Base chain activity adds long-term platform optionality through transaction fees and onchain services
My Price Target for COIN is 300 by the end of 2026!
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