Timonrosso

Timonrosso

Since the break below the M Formation, Ethereum is showing downside to come. With the Ethereum Merge 2.0. Investors and crypto analysts are worried with it becoming more centralised with 5 of the largest organisations holding the biggest position in the crypto. This is causing uncertainty in the Crypto world and is scaring investors out of it. We need a strong...

Timonrosso

Established Falling Wedge (Bullish) Waiting for the breakout then Target 1 top of Wedge 3.35 Target 2 Price difference 4.01 Thoughts?

Timonrosso

Naspers is showing a reversal Symmetrical Triangle It has broken to the downside instead of the continued upside showing a further drop to come. This is bearish with the first target of R1,666.74.

Timonrosso

Still waiting for a breakout to the upside. Once that happens, the target is to the top of the wedge at $3.00 The RSI is also constricting between lower highs and higher lows. I'm expecting a breakout up soon to. BULLISH

Timonrosso

JSE ALSI 40 Short (sell) analysis Inverse C and H Target 50,000 Thoughts?

Timonrosso

There's like a quadruple top on Gold's chart... ' It's broken below the neckline and is showing bearish moving averages with it. RSI is also making lower highs and is below the 50 mark... My first target for gold is $1,353.

Timonrosso

RUNE is showing a ton of bearish signals... 1. Rising Wedge, broken below the bottom and now will drop the height of the rising wedge. 2. Inverse cup and handle - Broken below the brim level... Next target 0.21 3. RSI Bearish - Continues to make lower highs and stay below the 50 (bearish) mark. 4. All Moving Averages are down 7<21<50<200 They are going to...

Timonrosso

Solana Crypto Inv Cup and Handle Waiting for breakout first Target: 12.18 It looks bearish and with the RSI showing lower highs, gives us an indication of bearish divergence and selling momentum. It's yet another crypto that is following the crash with the other major cryptos

Timonrosso

FTM is looking bearing... It's just broken below the neckline of the Head and Shoulders... If we take the difference between the high and low of the pattern, you'll get the first target of 0.07446. Most penny cryptos are in trouble as the major Cryptos are leading the pact. And so, with the winter continuing, uncertainty in the market, the collapse of Ethereum...

Timonrosso

ATOM is one of the few Altcoins that are looking bullish... Cup and Handle on Daily Broken up & retested Target 1 $20.72 Your thoughts? Timon MATI Trader

Timonrosso

On the weekly chart, there is ether a strong Falling Wedge in the making. If the price breaks up and out of the Falling Wedge, we can expect the price to move up to $155.000 If Brent Crude forms an M formation (Double top), it's possible for Brent Crude to be bearish and on the way down. But we need the double top to form first. What are your thoughts...

Timonrosso

Bitcoin analysis I did a few months ago is still on par. Except we have an additional bearish pattern that's formed. Previous: techincals: Massive M Formation (Double top) Daily Time frame Current technical: Current Bearish Rising Pennant broken below Target 1 = $10,000 Crypto Winter continues and so it appears for most altcoins... What other analysis...

Timonrosso

There is clearly some type of Cup and Handle in the making Will need to wait for the breakout. Then LONG! Target 1 = $17.81 I am quite a bear with most S^$t coins but ATOM at least is showing bullish momentum and signals amongst the crypto uncertain environment. I am optimistically bullish with ATOMUSD What other analysis would you like on 4 hours? Trade...

Timonrosso

DOTUSD M Formation Short analysis 4 hour chart quite a large M formation since 18 August 2022... On a larger POV it's formed a major Broadening pattern with a continuation in the process... Target 1 = $5.76 We are still waiting for a break down but, the momentum is showing a promising crash... RSI remains below 50 which is negative and bearish... As I...

Timonrosso

Two strange items of analysis... First a Broadening formation (Triangle shaded area) has formed over the last few weeks. Technically, it is likely to break below the support, as the previous trend was down. Target 1 will be around $8.00... On the peripheral side. The RSI is making higher lows, which is showing bullish momentum. It looks like Alt Coins are...

Timonrosso

Descending Triangle showing on 4 hour chart. Shiba is a shit coin and is living to its name. It's worth shorting if you're into Penny Cryptos, however it will need a strong negative ad bearish catalyst before the momentum really takes over. Trade well, Timon Founder, MATI Trader

Timonrosso

Technicals: Inverse C and H RSI <50 and lower highs Bearish 10,464 target Fundamentals: Inflation remains >8% Recession still in process World market continue to crash

Timonrosso Updated 

MY BIGGEST INVESTMENT - ETHEREUM! The technical reason is that there is a Cup and Handle that's formed over the last few months and is showing higher lows... Once the price breaks up and out, will I buy and hold... I'll be trading Crypto Ethereum CFDs... As with my Crypto portfolio I'll be buying the actual coin and holding for the long term. 4 Reasons why...