(NASDAQ:COIN) Today Experienced a Power Inflow, a Significant Event for Those Who Follow Where Smart Money Goes and Value Order Flow Analytics in Their Trading Decisions

Today, at 10:01 AM on November 25th, a significant trading signal occurred for Coinbase Global , Inc. as it demonstrated a Power Inflow at a price of

Coinbase Global, Inc. (NASDAQ:COIN) experienced a Power Inflow today, an event closely followed by those interested in smart money flow and order flow analytics in their trading decisions.

At 10:01 AM on November 25th, a crucial trading signal emerged as Coinbase Global , Inc. encountered a Power Inflow at a price of $294.76. This indicator is particularly valuable for traders interested in identifying the directional movement of institutions and "smart money" in the market and utilizing order flow analytics to inform their trading decisions. The Power Inflow typically signals a potential uptrend in Coinbase's stock, indicating a possible entry point for traders anticipating an upward price movement. Traders following this signal closely monitor the sustained momentum in Coinbase’s stock price, interpreting the event as a bullish sign.

What is the Signal?

Order flow analytics, also known as transaction or market flow analysis, involves separately studying the retail and institutional volume rate of orders (flow). It analyzes the flow of buy and sell orders, considering their size, timing, and other related characteristics and patterns, to gain insights and make more informed trading decisions. This particular indicator is interpreted as a bullish signal by active traders.

The Power Inflow occurs within the first two hours of the market open and usually signals the trend that helps gauge the stock’s overall direction, powered by institutional activity in the stock, for the rest of the day.

By integrating order flow analytics into their trading strategies, market participants can better understand market conditions, identify trading opportunities, and potentially enhance their trading performance. It's important to note that while observing smart money flow can offer valuable insights, traders should always remember to incorporate effective risk management strategies to preserve capital and minimize potential losses. A consistent and effective risk management plan can help traders navigate the market's unpredictable nature in a more controlled and calculated way, increasing their chances of long-term success in the trading arena.

If you want to stay updated on the latest options trades for COIN, Benzinga Pro gives you real-time options trades alerts.

After Market Close UPDATE:

The price at the time of the Power Inflow was $294.76. Now, let's quickly review the returns on the High price ($317.46) and Close price ($312.30) after the Power Inflow. They were 7.5% and 6.0%, respectively, to be precise. This is why it's crucial to have a trading plan that includes Profit Targets and Stop Losses that align with your risk tolerance. In this instance, the high and close of the day were quite close, but that's not always the case.

Past Performance is Not Indicative of Future Results