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...
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...
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
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
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...
Sasol broke below the Rectangle (Bearish) formation... It looks like there is a lot of downside to come for the stock as well as oil... The next support is based on the last years 12 September 2021 level at R245.00 That's where Sasol has a good chance of reaching. Thoughts?
FTSE - 100 Symmetrical Triangle As the previous trend was UP, there is definitely a better chance at the price breaking up and out of the Symmetrical Triangle formation which will head to the first target 8,400. However, if the price breaks down, it will head to 6,256 Which way do you say it will go
I'm on the fence with Copper so you can choose I guess. Current trend - Sideways. 2 possibilities. 1. Cup and Handle - target $4.24 2. Rising Wedge - Target $2.65. Which way do you say Up or down?
Corn future is looking almost perfectly ripe for the picking. Cup and Handle forming nicely and just waiting for the breakout. RSI broke out of its downtrend bearish divergence and has bounced on the new support - showing more upside to come. Then will be an easy long (buy) to hold. Stop loss will be just under the Handle and the take profit will be 2X...
Say HI if you can see the trade ALERT for the day, so you can see more as I post them LIVE... TRADE ALERT: GOLD! Date: 15 August 2022 Idea: Buy Target: from $1,790 to $1,920 Reason: Technicals: Broken above 5 Month Downtrend Rounding Bottom breakout Price above the 50day MA Fundamentals: New safe haven against high US inflation rate and interest rate...
Ethereum is looking great technically and fundamentally. Technicals: It broke up and out of a Cup and Handle formation and seems to be heading to the resistance of the downtrend at around $2,400... Fundamentals: 1. Investors are getting back in since the Crypto crash with BTC, ETH, Luna etc... 2. Ethereum is merging with a new upgrade and update to improve the...
Looks like this downwards trend range, is dominating the market. It looks like the price will head on up on thin volume, before it makes its next down wave... What do you think? Trade well, live free. Timon Founder, MATI Trader
The breakout hasn't been a strong one to the downside, but it's still below the current support (which has become a resistance). If a catalyst breaks out to send the markets further down, we could see 50,000 on the cards... What do you think? Trade well, live free. Timon Rossolimos Founder, MATI Trader
Technicals: Symmetrical triangle Fundamentals: Investors could start demanding safe havens with the world markets and crypto crashing. High inflation raising prices and fuel, gold prices are also sure to rise. Hence, I'm going long.
Technical: Inv C & H Fundamental: 1. Crypto follows major markets 2. Crypto major exchanges are retrenching 3. Whales have lost millions 4. Crypto cap is under 1 trillion valuation 5. Uncertainty and fear overruling Crypto
Reason #1: When the Chinese invest in Ethereum you buy! One of the major drivers causing Ethereum to rally, is major Chinese companies buying Ether. Meitu (Chinese app maker) recently bought $22.1 million worth of Ether last month alone. This makes it one of the first major companies in the world to invest in Ethereum. Talking about major companies… VISA...
First time in 3 years the price has broken above th Symmetrical Triangle. So looks like the next target is +$15,000. Other reasons this looks like a nice trade are the following: ~ Investors piling their money in BTC as a safe haven alternative investment as Market Cap exceeds $200 billion. ~ Approval for US banks to facilitate and accomodate transactions ~...
Ethereum (2nd largest crypto by market cap) has been one of the best performing crypto-currencies this year. Last year, I mentioned that the crypto-currency was about to undergo a major upgrade in 2020. With the upgrade launching in July, it’s about to make Ethereum much faster, more secure and better for DApps (Decentralized apps). Ethereum 2.0 also...