
Another shocking pattern has formed for another VR Ethereum Blockchain crypto coin. Decentraland is a blockchain-powered virtual reality platform where users can create, experience, and monetize content, applications, and virtual land. It is built on the Ethereum blockchain, making use of smart contracts to secure ownership of digital real estate and...
Renergen has been on a one way trajectory down along with the solid downtrend. We have the price below 20MA and 200MA Now if the support does not hold, it could confirm an M Formaiton, which will send the price further down to R1.31 If the price has bottomed then there may be some type of hope for Renergen.
RISKY ANALYSIS alert. It looks like the bottom is in for Transcap. But the downtrend is strong and there is a prominent resistance line that definitely needs to break first. Also it's a medium analysis because the Price>20 but<200MA We have a small W Formation that has formed and price has broken above the neckline. So I have a small target of Target...
DRD is looking like one of the better resources that are showing upside to come. Despite the Expropriation Bill, Depsite the uncertainty with Tariffs and US pulling funding. DRD looks to be the star child of resources. Price>20 and 200 W Formation Target R23.80
I honestly can't give a definitive analysis on this one. On the one hand we have a previous uptrend, and now consolidation following a Box formation confirming the sideways range. So if we break up we will head to a target of 23,440 On the other hand (with the US going awry with their radical bills being passed) if the M Formation plays out, there is a...
Last year we were all bullish with the Crypto Summer. This year, I think there is so much uncertainty with what is going on in the US that investors are flocking out of crypto and going straight back to safer havens like Gold, bonds and Platinum. Anyway, I don't generally like big candles because it makes the analysis more erratic and volatile. However, we...
The PPC target worked well hitting R4.75 despite it taking some time. But then, it was top heavy turned around and crashed like no tomorrow. DUring the crash it formed a Rev Inv Cup and Handle and broke below the rim. So here's the update with a new target. Price<20 but >200 Rev Inv Cup and Handle Target R3.65
Just a quick update on Nampak. Before a Cup and Handle formed, broke above the Rim and since then it's being moving sideways with higher lows. Now, we have another W Formation with a consolidation pattern completing. So now that the price has broken above, it gives a stronger confirmation of upside to come. W Formation Price>20 and 200MA NEW Target R556,84
MErafe dropped 18% yesterday. Big unexpected move due to an array of events~ First we had Trump pulling funds from SA. Second with the major expropriation bill that is leading to Foreign direct investments to leave SA. Merafe Resources has announced that it may start suspending some of its ferrochrome furnaces in May 2025, leading to a substantial decrease...
Ok this isn't the best formation. We have the price above 20MA but still below 200MA. On the other hand, we have a solid bottom formed and a W Formation along with a Box Formation with it. So with the pull back and the retest, we could get a bounce up which will send the price to potentially R204.60 Even though Trump has pulled funding from South AFrica due...
Target 20,893 hit where Dax formed a Falling Wedge (broke above). We then had some sideways motion, before the price rocketed up and hit the target of 20,893 recently. Now, we can expect a bit of sideways motion where we will wait for another bull setup and then will most likely look to go long again. Looking good for 2025.
I don't normally post Meme coin analyses. Especially new borns. They are still finding their feet, there isn't enough data to go around for analyses. But, there are signs of SUPER upside or a crash. Right now we are in the middle of it. So, either the price breaks above the Neckline of the W FOrmation and heads to the first target of $115.00. Or it turns...
TECHNICAL: We have a strong W Formation forming on Meta. We just need the price to break above the Neckline. Other indicators show Price is above the 20MA and the 200MA and things fundamentally are looking very strong for META going into 2025. So first target will be at $796.97. As Zuck is making major changes to make them more in line with X's policies...
Since the target of Bitcoin hit at $100,000, we are seeing bullish signs for BTC. First we have a strong W Formation form and break above the neckline. Second, the moving averages are aligned nicely with gPrice>20 and 200 Trump presidency is bullish who is supporting crypto with the Trump coin taking off (with volatility though) If Trump coin drops 50%, it...
Inv Cup and Handle has formed on Growthpoint with the price breaking below the Brim level and below the Moving Averages 20 and 200. We see a strong downtrend established. and it looks like it's about to enter into Penny Stock Territory. Target R9.38
Symmetrical Triangle has formed on Cardo and it looks like we are approaching the Apex of the triangle where there is upside to come. Crypto is definitely taking a break from all the upside, but seems to be preparing for a big boost. Whether it be Trump administration to incorporate Crypto more into the legal system or the Smart Money piling in while the less...
Unlike Gold which is still holding its stature in the Symmetrical Triangle. Silver has broken below not only it's Uptrend but also below the neckline of a Head and Shoulders. Now commodities don't stay down for too long normally, so I wouldn't be surprised if this market rockets up due to some "catalyst" in the new year. But until then, the price and nature...
Gold has been forming a Symmetrical Triangle since July 2024. The Uptrend Flag pole was established, followed by the constricted Triangle. Now it's still early days, but the price could constrict further until it reaches 3/4s of the apex. If theory speaks, then the price should break up and out of the Triangle which will take it to $2,789. I want to be...