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Amyris impulse wave breakout from downward channel ENG/GERENG Currently, the price is in wave 2, ABC correction. The correction phase I suspect to 9.20USD Should the price fall below the 9.20USD would still be a support at 6.10USD to expect. At 9.20USD or 6.10USD I expect the beginning of the impulse wave 3 which could rise between 44.10USD and 65.21USD. My primary target is here at the 62.21USD, from there I expect at the latest with an ABC correction to 26.08 USD. The rise of wave 5 I see up to a maximum of 121.74USD The red lines serve as resistance lines. The green lines are the price targets The orange lines are the support lines of the current correction phase. Alternative scenario: If the price falls through the 6.10USD I expect a rebound on the upper line of the trend channel, here I expect a final support to the upside, if the price also falls below here I expect further downward movement. Amyris Ausbruch durch Impulswelle aus dem Abwärtskanal (ENG / DE) Aktuell befindet der kurs sich in Welle 2, ABC Korrektur. Die Korrektur Phase vermute ich bis 9.20USD Sollte der Kurs unter die 9.20USD fallen wäre noch mit einem Support bei 6.10USD zu rechnen. Bei 9.20USD bzw 6.10USD rechne ich mit dem Beginn der Impuls Welle 3 die ca zwischen 44.10USD und 65.21USD steigen könnte. Mein Primärziel liegt hierbei bei den 62.21USD, ab dort rechne ich spätestens mit einer ABC Korrektur auf bis zu 26.08 USD Den Anstieg von Welle 5 sehe ich bis maximal 121.74USD Die Roten Linien dienen als Widerstands Linien. Die Grünen Linien sind die Preisziele Die Orangen Linien sind die Supportlinien der Aktuellen Korrektur Phase. Alternatives Szenario: Fällt der Kurs durch die 6.10USD rechne ich auf einen Rückfall auf der oberen Linie des Trendkanals, hier rechne ich mit einem letzten Support nach oben, fällt der Kurs auch hier drunter rechne ich mit weiteren Abwärtsbewegungen.
ALong
by Highrisk221
7
GBPUSD +9R Trade - Supply Demand, Liquidity, ExplanationVery nice Trade that I took today. This is actually the way on how to approach your trades by looking at the options that the market is giving you. In this case I was not sure which Demand Zone the market will pick so I decided to use all 3 Demand Zones. The first was activated and ran into profits. Then I secured the position by moving SL to entry which was a very important decision. We do not want to risk our position if we know exactly that the price can use the liquidity below us. And this is what the market did at the end. What do you think about this approach?
by DariusFxTrading
Shiba inuShiba Inu (SHIB) continued its march upward on Oct. 27 with its price hitting a record high of nearly $0.000060 before correcting lower. SHIB rallied by more than 25% to an all-time high of $0.00005959, crossing above its previous all-time high of 0.00005000 (data from Binance). The latest move upside pushed the token's month-to-date (MTD) returns to approximately 726%, making it the fifth highest-grossing cryptocurrencies entering the final quarter of 2021. SHIB's October gains had slipped to near 606% following a price correction from its record high, still higher than the rest of the top-cap crypto rivals, including Bitcoin (BTC), Ether (ETH), Cardano (ADA), and Solana (SOL).
FTX:SHIBUSDLong
by Jennifer32917
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
Two Long-Term Regularities Have Been Violated!SP500 has been growing nicely for more than a year. And that is how long the market hadn't tested the previous month's High. For the last 12 months, the average micro-correction hasn't even approached halfway to the previous month's high-low range. Now, it did and with style. Although it recovered fairly quickly, it is now back near the initial takeoff price and might breakthrough. #1 Previous month's low wasn't only retested, but also violated Over the last year, all corrections went mostly just halfway through the previous month's range. All of them were violently rejected as some people refuse the idea that the stocks could ever fall. This, by the way, seems to be a belief held by hedge-fund managers too as they were opening leveraged positions in the last months. With all of these corrections recovered so quickly, a ton of volume was required creating the most voluminous day of the month each time. These levels are strong, no doubt. But they were built on top of each other. Break one and the other will weaken. Speaking of weakness, we might have just created a lower high. #2 Closing near the last rejection Look at these four examples. All of them have one thing in common - the price never closed near the previous rejection again without making new highs. Only in one of the last four cases, the price came back, but it was a low volume confidence-absent move closing in a pinbar. Compare this to the most recent price-action. #1 We came to retest fairly quickly, #2 on high volume, #3 and closed near the candle's low. The market is trying to push higher, many are buying this as a commong dip of which there were many in the last year. But I am afraid that the momentum is shifting now! # Next support is around $4150 Today seems to be a high volume test if the market accepts the price and if it is worth pushing lower for the bears. Whatever their decision is, I do believe that the risk for longs is now very high. On the other hand, shorting rewards outweight the risk in my opinion. If the current level is broken, it should go as far as $4150 where 200 EMA meets one of the previous violent rejection lows. For longing, I would consider that level to be optimal but only if confirmed by later price action.
OANDA:SPX500USDShort
by OrcChieftain
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
$PAGS: to make you BAGS?Today we are witnessing a sharp turn around in Emerging Markets $EEM after the Jackson Hole meeting. $IWM a strong indicator of risk tolerance has seen a sharp move back up into it's middle pivot. Could the continued low rate environment and strong economy be enough to continue the rush into risk-on assets? Keep a close eye on $EWZ though (Brazil ETF in which PAGS is located) to pin point entries. On the technical side of things, keep an eye on entries in between the two trend lines in which the current candle stick is located between and stops outside of the bottom two trendlines. I'd look to scale in over the next couple of weeks and see how strong the dips in $IWM, $HYG and $EEM are to see how much continuation is possible to the upside. Good luck traders!
NYSE:PAGSLong
by Fox_Technicals