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Cryptopickk

GOLD: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Gold. The chart is self-explanatory. Gold price may come back down to re-test the top of the Descending Broadening Wedge Pattern. If price gets rejected when coming down, expect to see the 0.382 Fibonacci Retracement level to touch which is in line with the Multi-year Support Trend Line. RSI is near overbought on the daily chart so be careful. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
TVC:GOLD
by MillionaireEconomics
3
Bitcoin: Monthly Chart - MACD, RSI, MFIHello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). The chart shows the Bitcoin price with the MACD, RSI and MFI along with the Volume. MACD just had a bearish cross, only the 3rd one in BTC history. This is in line with the RSI falling below a multi-year support trend line (now resistance). Also, MFI shows money is flowing out of Bitcoin which is in line with the declining volume. I am not confident of the price meeting a new all time high anytime soon. I drew a Danger Zone support line on the price chart for anyone to start placing some early limit orders. Be careful trading long as there may be many bull traps ahead. Lastly, since early November 2021, I have been warning people of BTC and crypto market in general price drop. Crypto Twitter and YouTube influencers have money to make so they will keep pushing for higher price indications but be careful who you listen to. November 30, 2021 closing price was $56,987. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:BTCUSDShort
by MillionaireEconomics
8
BTC Bitcoin: Short-Term Price ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Bitcoin (BTCUSD). The chart is self-explanatory. Price has the potential to get back in the $40K region before meeting with significant resistance with the Support and Resistance Trend Line zone, and Ichimoku Cloud. There may be an Inverse Head and Shoulders Pattern forming. Volume is consistent. RSI, and MFI are at support lines and MACD had a bullish cross. Check out a few macro timeframe perspectives in the ideas below. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
COINBASE:BTCUSD
by MillionaireEconomics
5
BTC Bitcoin: Monthly Log Chart UpdateHello friends, today you can review the technical analysis on the 1M (monthly) log scale chart for Bitcoin (BTCUSD), a cryptocurrency. When reviewing this chart, keep in mind it is on a macro perspective and not looking at the day to day chart. The Bitcoin price has been in a Parallel Channel since early 2013 with the price being supported on the bottom and top trendlines. The Median Line of the Parallel Channel is extremely important as it has helped determine when a Bear Market has come for Bitcoin up until now. The current price range is at a critical level as it was in September 2017 when the price broke below the Median Line but regained momentum and within a few months it reached an all time high with a blow off top around $19K-$20K. Similarly if the current price can get back above the Median Line, there may be a potential for a Parabolic Run to the top of the channel at around $275K. The targets were determined using a Fibonacci Extension tool showing the price in 2017 reached the all time high between the 4-4.618 Fibonacci level. Assuming this may happen again, the 4-4.618 Fibonacci level is around $275K range. It may be higher or lower a bit but around that price. The chart and analysis is based on historical data trends and the price of Bitcoin does not need to follow that. It is extremely important to keep a close eye on the Median Line over the next few months. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Editors' picks
BITSTAMP:BTCUSD
by MillionaireEconomics
233
LTC Litecoin: Where's The Bottom?Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Litecoin (LTC). I reviewed the LTC price history and put together a possibility of where the price will bottom based on VPVR, RSI, Volume and Prior Cycle review. Keep a close eye on the Support Zone and two Support Trend Lines. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:LTCUSD
by MillionaireEconomics
6
BTC Bitcoin: Predicting The FutureHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC). The BTC price has a possible Head and Shoulders Pattern and/or Triple Top Formation forming. Generally in a H&S Pattern, the right shoulder is smaller than the left shoulder. In this case, there is significant resistance around the $60K range as indicated by the VPVR. Assuming the price drops from that point and the bull cycle is complete, the drop in BTC price of 80% (average from prior years) could bring the price to around $12K, where there is significant support. Lastly, there is a potential bull flag forming in the recent price action, which has a measured move inside the resistance box. Please review the notes within the charts as I outlined many things including a possible bull cycle date. Naturally this is all future predictions so let's see day by day how it goes. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
Editors' picks
BITFINEX:BTCUSD
by MillionaireEconomics
352
BTC Bitcoin: A Macro ViewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC). The chart has many indicators, trend lines and support and resistance lines, so please review in depth. At this very moment, the structure does not look good as the price is sitting at the edge of the Multi-Month S/R Trend line. There is significant resistance ahead as shown by the VPVR and Ichimoku Clouds. Volume is declining in the macro view. RSI and MFI are good indicators to see what the momentum is looking like for Bitcoin. If price can move above the local heavy resistance, the Inverse Head and Shoulders Pattern may play out bringing the price into the Ichimoku Cloud and 50 SMA where there may be heavy resistance. Lastly, the price is currently above the 200 SMA and in the middle of the EMA Ribbons. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:BTCUSD
by MillionaireEconomics
10
BTC Bitcoin: S/R and Bearish PatternsHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC). The chart is self-explanatory. There are multiple bearish patterns noted in the chart. RSI and MFI have been moving up very quickly but Volume has been declining after the recent pump. The $47K-49K region is extremely important with Fibonacci Retracement, Ichimoku Cloud, Multi-month Support and Resistance Line and top of the EMA ribbon coming together. I would be cautious until we pass that price area. If you are going long, consider a tight stop loss. Technicals shown in the chart: Trend line, Support and Resistance Trend Line, Rising Wedge Pattern, Relative Strength Index, MFI, Double Top Pattern, EMA, Simple Moving Average, Death Cross, Head and Shoulders Pattern, Fibonacci Retracement and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITFINEX:BTCUSD
by MillionaireEconomics
15
ADA Cardano: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cardano (ADAUSD). The chart is self-explanatory. The price is sitting at a major support area. It is below the EMA Ribbons, 200 SMA, 50 SMA, Ichimoku Clouds and still within a Descending Wedge Pattern. Volume has been low but steady. RSI and MFI are below the Support and Resistance line. Keep a close eye on the RSI re-test of the S/R line. Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI ( Money Flow Index), Descending Wedge, EMA Ribbons, and 50 and 200 Simple Moving Average. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
KRAKEN:ADAUSD
by MillionaireEconomics
8
AVAX Avalanche: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Avalanche (AVAXUSDT). The chart is self-explanatory. The price is inside a triangle and approaching an area, which the price could fall back into a consolidation zone. AVAX price is inside the EMA ribbons and above the 200 SMA. If price continues to go down or consolidate, the 50 SMA may come down and complete a Death Cross with the 200 SMA. The RSI support line was broken and the RSI is going back up to re-test it and attempt breakout. MFI support line intact. Keep an eye on the two S/R lines I noted. Lastly Volume is still declining even though it makes attempts to move back up. Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI ( Money Flow Index), EMA Ribbons, and 50 and 200 Simple Moving Average. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
5
SOL Solana: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Solana (SOLUSD). The chart is self-explanatory. The price is in a Descending Channel and very close to the multi-month Support Line. There was a recent Death Cross (50/200 SMA cross) on the 1D Chart, which is bearish. The RSI and MFI are moving upwards on the support line. Volume is decreasing. Keep a close eye on the RSI and MFI support and resistance line. If price moves up, there may be resistances of the EMA Ribbons and Ichimoku Cloud. Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI (Money Flow Index), Descending Channel, EMA Ribbons, and 50 and 200 Simple Moving Average. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
FTX:SOLUSD
by MillionaireEconomics
3
FTM Fantom: In depth 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Fantom (FTMUSDT). The chart is self-explanatory. The price is currently inside a and meeting the local support line. The price is also in the red Ichimoku Cloud. Volume is declining and price is still below the EMA ribbons. If price moves lower, keep an eye on the 200 SMA and the Danger Zone Support Line. If price moves up, the price could go up to the Local Resistance Line with the RSI, and Stoch RSI moving up. MFI is almost at resistance. If RSI and MFI fall, keep a close eye on the Important S/R Lines. Included in the chart: Trend line, Support and Resistance Lines, Ichimoku Cloud, Volume, RSI, MFI (Money Flow Index), Descending Channel, Double Top Formation, Stochastic RSI, and EMA Ribbons, and 50 and 200 Simple Moving Average. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
by MillionaireEconomics
1
Terra Luna: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Terra (LUNAUSD). The chart is self-explanatory. Terra price has been moving down after forming a Head & Shoulders Pattern and failing the retest. The price recently formed a Bear Flag Formation with the potential if the price keeps moving higher to form a Double Bottom Pattern. RSI and MFI are meeting resistance and Volume has been declining. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI ( Money Flow Index), Head and Shoulders Pattern, Ichimoku Cloud, Bear Flag Formation, and Double Bottom Pattern. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
L
by MillionaireEconomics
1
Polygon MATIC: 1D Chart Review Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polygon (MATIC). The chart is self-explanatory. A Head and Shoulders Pattern recently occurred with the measured move below multiple levels of support. The price is facing resistance and at the edge of the local support. Volume has been declining. RSI is at the support line as well. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have more charts below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
M
by MillionaireEconomics
4
BTC Bitcoin: 1H Chart UpdateHello friends, today you can review the technical analysis idea on a 1H linear scale chart for Bitcoin ( BTC ). The chart is self-explanatory. The price is inside a Descending Broadening Wedge pattern (locally) but still inside a Rising Wedge Pattern, when zooming out. Multiple Support and Resistance Lines are shown on the chart. I also included in the chart the 50 SMA and 200 SMA (recently death cross occurred), Ichimoku Cloud, RSI, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITFINEX:BTCUSD
by MillionaireEconomics
10 Year Rate: Price keeps moving up!Quick Analysis on 10 Year Treasury Yield on a 1D Linear Chart. 1) The US 10 Year Treasury Yield has been respecting a falling channel for multiple decades going back to the 1980s. 2) It has broken out of the top trendline of the falling channel with a recent re-test of the S/R line. 3) The measured move of the falling channel would bring it back to Pre-2008 ranges (LONG-TERM). The measured move is noted. 4) There was a Bull Flag Pattern forming on the charts within the falling channel pattern, which helped the price move higher. The measured move for the SHORT-TERM is noted. 5) I discussed this breakout in the first week of December 2021 when the price was still at around 1.40ish. PAY ATTENTION! What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
TVC:TNX
by MillionaireEconomics
3
US 10 Yr Treasury: Weekly Chart UpdateQuick Analysis on 10 Year Treasury Yield on a 1W Linear Chart. 1) The US 10 Year Treasury Yield has been respecting a falling channel for multiple decades going back to the 1980s. 2) It is currently headed to the top trendline of the channel with a possibility to break in the coming months. 3) The measured move of the falling channel would bring it back to Pre-2008 ranges. 4) This may fall in line with the US Dollar strengthening (in the idea section below). 5) If US 10 Year Treasury Yield goes lower, there is not much more room for it to get to 0. What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
TVC:TNXLong
by MillionaireEconomics
4
HOOD Robinhood: 4H Chart ReviewHello friends, today you can review the technical analysis idea on a 4H linear scale chart for Robinhood Markets, Inc (HOOD). The chart is self-explanatory. Price has a nice short term move up, however RSI just broke the support line, with the potential of a move down in price. Please read the chart for all the notes. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Stochastic RSI, Volume, Parallel Channel, Median Line. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. I have a bunch of additional recent charts below on cryptocurrencies to review. Check them out! Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NASDAQ:HOOD
by MillionaireEconomics
4
BTC Bitcoin: 3 Possible ScenariosHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC). The chart is self-explanatory. I noticed three possible scenarios that could be possible for the BTC price. Keep a close eye on the RSI. Shown in the chart: Trend line, Support and Resistance Trend Line, Bull Flag, Descending Channel, Relative Strength Index, and Volume . If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:BTCUSD
by MillionaireEconomics
7
XRP Ripple: Three Scenario AnalysisHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ripple (XRP). The chart is self-explanatory. I am using the Fibonacci Retracement to identify my scenarios along with the resistance at S/R lines and Ichimoku Cloud. Keep a close eye on the RSI and MFI as they are headed into the Resistance line soon. Shown in the chart: Trend line, Support and Resistance Trend Line, Relative Strength Index, Money Flow Index, Fibonacci Retracement, EMA Ribbons, Simple Moving Average, Ichimoku Cloud, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Check out my recent Bitcoin chart in the related ideas below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:XRPUSD
by MillionaireEconomics
4
BTC Bitcoin: 1D Chart ReviewHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The chart is self-explanatory. Since RSI is close to the oversold region, there may be a chance that the BTC price goes upwards with a possible re-test of the multi-month S/R line. If price continues to fall, please keep a close eye on the Support Zone noted in the chart. Included in the chart: Trend line, Support and Resistance Lines, RSI, MFI, Support Zone, Ichimoku Cloud, Volume, Exponential Moving Average Ribbons, Simple Moving Average, Double Top Pattern, Ascending Wedge Pattern, Volume Profile Volume Range (VPVR). I have additional charts below on cryptocurrencies, stocks and more to review. Check them out! If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITSTAMP:BTCUSD
by MillionaireEconomics
8
BTC Bitcoin: Can it break through Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTC). The chart is self-explanatory. The chart shows all the support and resistance lines and zones. Keep a close eye on the current support line as well as the possible re-test of the Descending Channel. RSI looks bullish. Shown in the chart: Trend line, Support and Resistance Trend Line, Ichimoku Cloud, Descending Channel, Relative Strength Index, and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
BITFINEX:BTCUSD
by MillionaireEconomics
6
Total Crypto Market Cap 1W Chart UpdateHello friends, today you can review the technical analysis idea on a 1W linear scale chart for the Total Crypto Market Cap. The chart is self-explanatory. The total crypto market cap is making an attempt to get back into the Ascending Channel. If it does not get back into the channel, it has the potential to fall down significantly. RSI is approaching the S/R Line and will need to go back above it to continue the move up. Lastly, this is a weekly chart, so please have patience. Included in the chart: Trend line, Ascending Channel, Support and Resistance Lines, RSI . If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
CRYPTOCAP:TOTAL
by MillionaireEconomics