COIN – Base Breakout + Earnings Gap Reversal Setup

12 mag

COIN – Base Breakout + Earnings Gap Reversal
COIN – Base Breakout + Earnings Gap Reversal Setup
Coinbase (COIN) is setting up for a powerful move, and I’m watching two key catalysts driving this setup:

🔹 Earnings Gap Down Reversal (Primary Setup)

Despite a sharp gap down post-earnings, buyers stepped in fast, pushing price back up.

This is a classic earnings gap down reversal — a bullish signal of aggressive buying strength.

🔹 Base Breakout Pattern

COIN has formed a solid base, with a breakout zone around $212 - $214.

Bitcoin (BTC) is ripping to $104,000, and MSTR has been trending for a month — bullish sector sentiment could fuel COIN’s breakout.

🔹 My Trading Plan:
1️⃣ Anticipatory Entry: Looking to build a position near $212 - $214, the breakout zone.
2️⃣ Confirmation Entry: If COIN breaks and holds above $214 with volume, I’ll size up.
3️⃣ Stop Loss: Placing stops just below yesterday’s low to control risk.

🔹 Why I Love This Setup:

Dual setup = Base Breakout + Earnings Gap Reversal — powerful combo.

Sector strength (BTC & MSTR) adds confidence.

Tight risk with a clear invalidation level (yesterday’s low).

12 mag

Trade attivo

here we go team!!! 228 after hours . i will admit that scomplete but ill take it

13 mag

Trade chiuso: obiettivo raggiunto

sold this now 240ish all out

14 mag

Nota

should have held dang!!! 260