COIN – Base Breakout + Earnings Gap Reversal Setup

– Base Breakout + Earnings Gap Reversal
– Base Breakout + Earnings Gap Reversal Setup
Coinbase () 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

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

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

🔹 My Trading Plan:
1️⃣ Anticipatory Entry: Looking to build a position near $212 - $214, the breakout zone.
2️⃣ Confirmation Entry: If 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).

Trade active

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

Trade closed: target reached

sold this now 240ish all out

Note

should have held dang!!! 260

kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com

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kunal00

📈 Kunal Desai, Founder of BullsOnWallStreet – Trading Education Since 2008
🚀 Learn my trading strategies, watch live setups, and get mentored:
🔗 bullsonwallstreet.com

Also on: