The title of the idea is not lying, 
COIN offers one of the most bullish charts I've seen on the stock market in a while - there is a HUGE Cup & Handle pattern.
On the 1W charts we can see a multi-year rounding bottom that began in late 2021, followed by a clean handle consolidation and a breakout above the $345 neckline. The breakout of the $345 neckline implies long-term targets between $650 and $1,000 if momentum persists.
Fundamentals of the company suggest a sharp growth as well:
To sum up, I can find zero reasons why you shouldn't have this stock in your mid-long-term portfolio.
COIN offers one of the most bullish charts I've seen on the stock market in a while - there is a HUGE Cup & Handle pattern. On the 1W charts we can see a multi-year rounding bottom that began in late 2021, followed by a clean handle consolidation and a breakout above the $345 neckline. The breakout of the $345 neckline implies long-term targets between $650 and $1,000 if momentum persists.
Fundamentals of the company suggest a sharp growth as well:
- COIN joined the S&P500 Index which attracted money from thousands of investors
- Launch of Coinbase Payments, tapping stablecoin growth (USDC revenue up ~31% QoQ to ~$296M), perfectly fit for the narrative about stables in USA
- Coinbase's most recent earnings show strong growth: in Q1 2025, the company generated about $2.0 billion in total revenue, reflecting a substantial 24% year-over-year increase
To sum up, I can find zero reasons why you shouldn't have this stock in your mid-long-term portfolio.
Klondike Official Links:
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klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Klondike Official Links:
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Website:
klondikepro.com/
Public Telegram Channel:
t.me/CryptoKlondike
Twitter:
twitter.com/Robert_Klondike
Trade on Bybit with us:
partner.bybit.com/b/6694
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.