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ETH will hit new All-time-high, upcoming $6,000 and $8,000 ETHEthereum has remained strong but slow this year, which has a lot to do with the failures it has faced, or challenges it has faced in becoming scalable. It was first to come out, as a leader of the pack, and showed other projects what not to do. But, it still remains very much a leader today, and I wouldn't be surprised if this eventually jumps Bitcoin for highest market cap. We have an ascending triangle pattern, with a recent ATH. Once we move past this region, which can bring a lot of resistance to break through. Depending on if Bitcoin remains bullish, and continues to go up - Eth will absolutely cross to new highs, and beyond. Personally, I think Bitcoin will take a minor break here, starting the real rally in early - mid November. When ETH does reach upwards, it will shoot for these 2 areas: $6,000 and $8,000 - which are fibonacci extension targets on the 1w chart.
BITSTAMP:ETHUSDLong
by Shwayze
1
Netflix Post Q3 Earnings Analysis$NFLX - Netflix neared a record all-time high after market close - as the largest streaming service brought in more subscribers than analysts projected in Q3. Profit also beat forecasts, while Revenue was in line with estimates. EPS of $3.19 Sales +16.3% to $7.48 billion - anticipates another +16% gain in revenue Q4 Profit of $1.4B Revenue of $7.5B   Netflix added +4.4M subscribers globally to total 213M - expects to increase its subscriber base by +8.5M in Q4
NASDAQ:NFLX
by jnallain1
Bitcoin peak for 2021 using FIB time ZoneIf you can watch Trader Genius and his video titled "Another indicator of the next Bitcoin top" What I did was I used the Fib Time Zone and plotted them using the RussianBear metrics and Low and behold came up with a date of December 26th for 2021 as a key date. Could December 26th be the next Bitcoin peak? I don't know but it is somewhat compelling and would make more sense to me given that all previous Bitcoin Peaks were on the month of December for 2013 and 2017. Could it not be that we will continue this trend into December 2021 for the 26th based on a Fibonacci time zone point? Let's see what happens. here is the video by Trader Genius www.youtube.com
BNC:BLXLong
by altcoinb
4
ADA Makes Small Gains Market SidewaysI have been in a bit of a time crunch lately and realized that I made some mistakes that might not have mattered to someone that understands technical analysis, however it would completely confuse a beginner. Since, I assume I have some beginners here, I decided to take some extra time out of my day, slow down, and explain what I see properly. This way, it will avoid any undue confusion, because that is the last thing I want to do. If you want to understand why the gains are so small, and we are seeing bullish and bearish patterns, you have to take a look at BTC. BTC has been trading sideways for about 2 weeks now. When an asset is trading sideways it becomes vulnerable to price movements by either bears or bulls, and really, there is no way to tell which way it is going to go. Traders hate sideways markets the most due to their unpredictability. So, that being said, it is taking the steam out of a lot of assets. Now lets look at ADA, you can see the slope of ADA is beginning to flatten, this means it is losing steam and its bull run is coming to and end. This can always change depending on the direction of the market, but right now, people are reluctant to trade when the market is sideways. Not to mention the ascending wedge that is forming, which is letting you know a pullback is on its way. However, like I said in my last chart, this happens very slowly, and usually takes more than 2 major higher highs and 2 higher lows to occur. The important thing to know is that a pullback is likely on its way. That being said, there is a possibility that ADA can reach the target between 2.16 and 2.24. That is not very far from its last high. However, unless I see another sign like a change in the overall market direction, I will assume a pullback. So if you think about it, the risk reward isn't too good if you are entering ADA at this point. We are looking at smaller highs, a flattening slope, tiny highs, an ascending wedge, and overall market uncertainty. On Sep 15th El Salvador will make a decision whether or not BTC becomes legal tender. That is important to note. Another important thing to note is that there are likely people holding out on ADA until they see smart contracts released live on the 12th, I expect a small bump from that. The most important thing here is the overall market and the signs. I expect ADA to keep consolidating, however if there is a break below the 200MA, watch it carefully, and I mean that. I will continue to update you on this as much as I can. Again, I apologize for any confusion from my last post and I hope this helps clear things up. Now for some good news. As a person who follows ADA closely, I know that the adoption of the platform will happen very quickly with the release of smart contracts on the 12th of September. In fact, I think it was built with such a great foundation, I might just do an entire post on the fundamentals of Cardano sometime in the future. Pretty soon, we will see NFTs being created, DeFi, applications being developed, and overall strong adoption of the ADA blockchain platform as a whole. If there will be any immediate reason for ADA to move higher, it will likely be news coming from the summit on the 25-26 of September. So I would keep an eye on their twitter accounts around that time. Again, I apologize for having less time to post at the moment, but that will change in a couple weeks. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSD
by mysticalwalrus
21
ADAUSD Gears Up for ATH TestDue to it being the start of the week, ADA's volume has returned, and with it, brought the possibility of a price movement. Like I said before, we got a retest of the 200MA which is often accompanied by a nice little bounce. I figured this, along with the volume, would create the momentum it needs for a ATH test. We are getting to the end of our ascending triangle and a price movement is going to happen. That is all that is going on at the moment. I took a look at the weekly and the daily and there wasn't a change in patterning from what I have already seen. We have an uptrend at the moment. The next all time high test will likely determine whether the trend continues or reverses. If ADA can conquer the all time high, this will put much needed energy back in ADA and I will hopefully see my 3.24 target reached sooner than later. If ADA cannot defeat the current all time high, that would be devastating and could signal a trend reversal with prices falling though our support zones. However, with all of the volume in the market we have today and all of the volume it has built at the top, especially the 2.83 level, ADA has everything it needs for a test. Lets see what happens. I am going to make a video soon teaching everyone my approach to charting. I will cover the entire workflow process I go through. I hope you enjoy it. Now lets talk about why ADA has so much strength. Cardano is about to release smart contract September 12 with the Alonzo release. This addition makes it a viable competitor to ETH as an open source platform. Right now, it is just a glorified ledger. As a person who plans to be a Cadano Developer once Alonzo is released, it makes me wonder how far ADA can go. I have heard people say it cannot go to 100 dollars because it will need around a 3T market cap. But considering in the past 2 weeks ADA has added 31B to its market cap, it's definitely not out of the realm of possibility. Also, considering Grayscale Investments has picked it up, I think it has a LOT more room to grow. Tell me what you think? This is not financial advice. DYODD.
KRAKEN:ADAUSDLong
by mysticalwalrus
10
Solana Price Analysis: Breaks to All-Time High Solana (SOL/USD) the 10th-largest cryptocurrency by market capitalization, with a total market cap of over $21 billion reached a new all-time high of $81.97. The rally is showing signs of a slow down after it rallied more than 120% since the beginning of the month. Equal Waves Pattern From a technical perspective, SOL/USD has rallied in a three wave pattern from the low of $1.27. According to the Elliott Wave theory, the magnitude of wave A should be equal to the magnitude of wave C. To find the possible end of wave C, the Fibonacci extension tool can be used to project wave C which can be 100% Fib extension of wave A and B. In our case, the 100% Fibonacci extension comes in at $76.64, which is exactly near the levels were the rally has started to lose steam. To the downside, possible support areas come in at the end of wave A of $58.92 followed by $41.0. On the flips side if the current rally wants to extend more, we have the 1.272 Fibonacci extensions at $92.33 and 1.618 Fibonacci extensions that come at $112.27.
S
by cryptohopper
2
PYPL looking to break all-time-highs?PYPL made a new all-time-high in February of 2021 and now it's looking to make new all-time-highs. Fundamentally: * Sales growth quarter over quarter is more than 30% * Earnings-per-share expected to grow +5% over the next year Technically: * Beta score of over 1 * General up-trend * In rage from year-to-date * Found new support at $289.46 * Steady volume as it makes new support Trade Idea: * Look for buying opportunities near its new support of $289.46 * A break below that, $277.87 should hold as support since it's acting a pivot OR * Wait for a weekly close above $309.14 to confirm the break
NASDAQ:PYPLLong
by HaseebKhan_90
1
FAST trying to make new all-time-highsFAST is trying to break through and close above its recent all-time-high of $54.31. Good news is that it's holding its previous all-time-high of $51.89 as support. With buying pressure slowing down it may come back down to retest the $52.50 to $53.10 area as support before making another attempt at breaking and closing above $54.31 Final thoughts * Strong up trending stock * Expected to have earnings-per-share growth over the coming year * Great long term hold as it pays dividends Trade Idea * Look for buying opportunities around the $52.50 to $53.10 area OR * Wait for a confirm break and close above $54.30
NASDAQ:FASTLong
by HaseebKhan_90
5