Two intraday trades based on dark pool activity: Coinbase (COIN) targets $185-$196 with a stop below $181.75, while SpaceX shares (SPCX) show massive institutional buys around $138 with targets to $145.94 and a stop below $135.
Chapters
Good morning, traders. It's Tuesday, August 25th at 4:49 AM. Okay, 2 stocks for you today. We've got Coinbase and we've got SpaceX. So crypto's been moving, you've heard all about it. So let's go ahead and see if we can trade this intraday. These are the largest trades in the last 30 days, and you've got a huge consolidation here. You can see here about August 5th, we just went sideways for a while, and we got the biggest print in this Range is 400K sitting here, and then we shot back up and tested this other 98K. But then we've gapped, and then we've pulled backward. It's sitting in these prints here. So maybe we can make it up to this 200 exponential or potentially retrace down here to the 100 or the eighth. So let's map this out intraday. Right now, we're tangled between my 200 simple 200 exponential couple pivots and. Other moving averages here, so you can see where we're at. And this print, so we want to be bullish above 184. Let's get back above this level here. Target 185, 186.44 is a 75K print. 186.81, 188.04 is our one. Then we've got 190, 192.87, 195, 196. 60 is R2. I stopped there. The ATR on this one's about $10, so just be careful with that. On the downside, we're going to be bearish below $181.75. Let's get below this little bit shelf here. There's this gap fill as well. This is resistance at the moment that we had gapped into. So if we get below $181.75, then we can go to $180.70, $179. Um, $179.48 is a 223K print. You can see that also being post-market here through the evening, and that's a 50 simple moving average that we're stuck on there, so mind that. Then we got $178.26, $177.04, $175.82, and $174.72 is S1 on that. Then we've got $172.15, and I put $170 as the stop, $10 level. That gets us our ATR anyway. All right. All right. Moving on to SpaceX. Okay, so here's SpaceX. I guess they released some more shares or whatever, but we're below the IPO price, which was back here about one fifty at one fifty. But look at the actual volume. Like the institutions are all over this one. So back here on July twenty seventh, you can see all of these levels here, like all stuck in this area. So this is where the dark pool, the smart money apparently is. Um, is forming their position. They do it over a number of days. So 2 million, 1 million, almost a million, 1, 1, 1, 2. So each one, each million is $110 million. So they're all over it. This one here moved up with another print, and then we've consolidated as well. So now we're stuck in all of these prints. And so let's see what actually happens. We're moving up intraday, which is interesting. So that's why we're trading them. But then Yeah, a close above here, above all of these prints, we can go higher. But I would say closing below this, but 127.50 or something below the— this here, we can maybe retrace back down to 115. So let's go ahead and see. We're going to be bullish above 138. Let's get above this level here. We're stuck at this 2 million right here. So if we can get above, uh, 138, you can do 137.50 if you want. That's only giving you almost 40 cents to the next resistance. So I picked 138 so that this is support. 139.27 is 2 million. 139.73 is 1 million. 140.30, 140.71 is R2. Then we've got 142.50, 143.13, 145, 145.94 is R3. And the ATR is almost $10 on this. R3 is usually overbought. On the downside, we're going to be bearish below 135. I picked this down here. If you want to get in earlier, it's a little bit, uh, well, it's, it's a little iffy here because of the— you don't have a lot of space in between here for taking some profit. Plus I've got my 200 exponential, 200 simple, and it's just a disaster. So I picked, um, 135, just getting below here. Target 134.52, 134.04, 133.56, 133.25 is 1.8 million. 132.62, 132.12, 130.158 is the 1.5 million. 130.25 is S2. 129.70, you can see that it's a bit to get out. So 127.50, 125.02. Is S3 on that one. Okay, there you have it. Those are your 2 trade setups for today. So please like, share, subscribe, do all of that great stuff. Leave some comments in the comment section below, and we'll see you tomorrow with all new trade setups. Happy trading. MobyTick has partnered with TrendSpider to bring real-time institutional trades to your charts. Click the link in the description below for more details.
