The longer-term chart reveals a powerful story of institutional positioning: - Weekly EMAs (8, 21, 34, 55) are perfectly stacked bullish, with each average trending higher below price - one of the strongest trending patterns possible
- Price action showing controlled consolidation near 52-week highs, suggesting smart money accumulation
- Volume patterns indicating institutions are quietly building positions
- Remarkable YTD performance up 100%, demonstrating sustained buying pressure
The Daily Setup The shorter timeframe adds even more conviction to our bullish thesis: The Squeeze Signal A fresh squeeze has triggered on the daily chart, and here's why that's significant: - A squeeze forms when volatility contracts (shown by red dots on my indicator) followed by an explosive release of energy
- Like a spring coiling before release, this compression often precedes major moves
- What makes this squeeze particularly powerful:
- It's forming while price tests 52-week highs
- Momentum indicators showing increasing bullish divergence
- Each previous squeeze release has led to higher prices
EMA Stack Confirmation - Daily EMAs (8, 21, 34, 55) are perfectly aligned bullish, creating a strong support structure
- Price consistently finding support at the 8 EMA on pullbacks, showing bulls maintain control
- This type of pristine EMA stacking across both daily and weekly timeframes is rare and often precedes significant trending moves
When we see this level of technical alignment - multiple timeframe EMA stacking, a fresh squeeze signal, and price strength near highs - experienced traders know to pay close attention. The setup suggests COIN could be preparing for its next leg higher as Bitcoin pushes past $100K. Fundamental Catalyst While our focus remains primarily technical, it's worth noting Bitcoin's recent surge toward $100K has created a powerful tailwind for COIN. As the leading crypto exchange platform, Coinbase stands to benefit significantly from increased trading activity. Your Action Plan While I haven't entered COIN yet, this setup has all the ingredients I look for in a potential breakout trade. With options premiums running hot, I'm specifically watching for an opportunity to grab some cheaper "lotto" calls for a quick momentum play. What makes this particularly interesting is the perfect storm of technicals - a fresh squeeze ready to fire, beautifully stacked EMAs, and the broader crypto market strength. These are exactly the conditions that can create explosive moves in options. Want to See How I Find These High-Probability Setups? Join me in the Daily Profits Live Room, where we're using cutting-edge tools like the S.A.M. AI Scanner to spot these precise technical setups across multiple timeframes. This isn't just about finding trades - it's about identifying the exact setups where options can deliver maximum bang for your buck. Every day, we're: - Scanning for perfect technical alignment
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