Timonrosso

Timonrosso

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...

Timonrosso

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...

Timonrosso

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...

Timonrosso

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

Timonrosso

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...

Timonrosso

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...

Timonrosso

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...

Timonrosso Updated 

W Formation has formed after some consolidation range in the last few months. The JSE is also showing strong upside to come as it's catching up to American markets as laggards do. Technicals are also looking promising with Price>20 and 200MA which deems it HIgh Probability as per the last trade idea. Target R501.59

Timonrosso

If you've been following my TradingView ideas. You'll know Bitcoin broke out of a Falling Wedge pattern on 27 September 2024. It then came back down to sweep liquidity from the buyers. Moved up and we got a confirmation signal that upside was imminent from $67,000. Since then, it's been text book that the market has been moving up a trajectory of 45 degrees...

Timonrosso

USD/ZAR has remained in a symmetrical triangle since January 2023. This is a consolidation period of neither winning between the buyers and the sellers. But we are now approaching the apex 3/4s. And a breakout is imminent. NOw if we look at the pattern, it has a bullish flag pole which is favourable for the bulls to take the USD up to R20.00 against the ZAR....

Timonrosso

Now I don't like picking tops and bottoms, so that's why I have chosen Neutral for this. However, the market is driven by more greed and potentially soon Fear than usual. ANy market that climbs beyond 60 degree inclination, should indiate potential warnings of a major crash to come. That's because, it gets to the points where the NAV is far below the actual...

Timonrosso

Cup and Handle is clearly forming on Google. The AI companies are looking super bullish in the medium term and looks great for investing in. Either there is going to be a HUGE breakthrough with AI soon or there are going to be favourable legislations and regs to change with Trump being President. ALl in all technically, we are seeing up signs...

Timonrosso

Markets are loving the election results so far. And it looks like it's been pricing in upside and a rally for some time now. Starting in Early October. So, technically AI stocks are showing all time highs on it's way with the markets. First the price broke above the W Formation (Breakout pattern) Second, Price> 20 and 200 Third, any American company that...

Timonrosso

Rev Cup and Handle is forming on the daily chart. The price is above the 20MA and 200MA which states upside momentum. Also the down trend has broken up. So looking at the state of crypto, with the optimistic Trump presidency and with Bitcoin goin up to it's initial target of $100,000 - Ethereum will most likely follow. My first target is $5,334

Timonrosso

We have seen a textbook Falling Wedge form on the Daily with the Dax. It seems like there has been a consolidation (range bounded) move before the next direction. So looking at the indicators and sentiment of the markets, in the medium term it looks like DAX is destined for upside. Along with the main markets like S&P500 and Crypto. We just need the price...

Timonrosso

Bitcoin from the last update has completed the consolidation range while moving in a Falling Wedge. It has broken above the resistance now and is showing upside to come. The question arises whether we will see $100,000 this year. If greed and mania kicks in then yes it could rally. BUt where there is greed there is fear. So I don't actually think we will...

Timonrosso

Inv Cup and Handle has formed on First rand. Price<20 and <200 which makes it a Medium Probability trade. But judging by the large down candle and the Fair Value Gap - means momentum is strong to the downside. Target R64.47 This is strange considering how bullish the JSE Top 40 is looking. So it might be either a large fakeout or there is downside to come...

Timonrosso

High Probability Analysis has lined up with the J200 (JSE Top 40) We have three bullish confirmation signals including: 1. Up channel (Between the two ray trend lines) 2. Cup and Handle (Wait for break for complete confirmation) 3. Price>20 and 200MA Target 85,321 Great for upside and buying stocks with the JSE!