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Millionaireeconomics

Michael Burry buying GEO - Chart reviewToday you can review the technical analysis idea on a 1D linear scale chart for Geo Group Inc (GEO). Michael Burry's investment in Geo Group Inc seems to be paying off. Price may be headed towards $11. Keeping a close eye on this one. Falling channel breakout and above the 200 SMA. Resistance around $11. fortune.com 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! #millionaireeconomics
NYSE:GEO
by MillionaireEconomics
Bitcoin: Local Dead Cat Bounce RangeToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ). The chart shows a few dead catch bounce ranges for the BTC price to get to before price goes lower. To support the analysis, I have included the VPVR, Keltner Channels, Ichimoku Cloud, Fibonacci Retracement and RSI. I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. 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! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
AXS Axie Infinity: Another 50% DropHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Axie Infinity (AXSUSD). AXS price could drop another 50% to the $2.50 range or possibly lower. Crypto gaming has feel apart as much as DeFi and NFTs, so I am concerned that more drop is coming. The chart is self-explanatory. Included in the chart: Trend line, Support and Resistance Line, Volume Profile VPVR, Ichimoku Cloud, RSI, Keltner Channels and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More 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! #millionaireeconomics
FTX:AXSUSD
by MillionaireEconomics
Solana SOL: It Could Get Really BadHello friends, today you can review the technical analysis idea on a 1D linear scale chart for Solana ( SOLUSD ). Solana price support lines shown as the price moves lower. There is major movement in Solana related to FTX and other crypto events. My last warning on Solana was in September 2022 when the price was around $34-$35 and now I am targeting $3 price which could realistically go much lower as the VPVR shows very low traded volume below $22 which means the support may not be there. Be very careful! The chart is self-explanatory. Included in the chart: Trend line, Support and Resistance Line, VPVR, Ichimoku Cloud, RSI, Keltner Channels and Volume. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. More 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! #millionaireeconomics
FTX:SOLUSDShort
by MillionaireEconomics
2
Bitcoin Chart Review For Bottom SupportToday you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). A very simple chart showing where the next support region is in case Bitcoin begins a free fall. The $13.5K-$14K region has strong prior support as shown in the chart. 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! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
MATIC Polygon: Concerns AheadToday you can review the technical analysis idea on a 1D linear scale chart for Polygon (MATICUSDT). The chart is self explanatory. I labeled the chart for Support and Resistance areas and lines. To support the analysis, I have included the Volume Profile (VPVR), Keltner Channels, Ichimoku Cloud, Fibonacci Retracement and RSI. I have been calling drops on crypto since November and December of 2021. I am more concerned than before that more drops are coming. 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! #millionaireeconomics
M
by MillionaireEconomics
BTC Bitcoin: Short Term Rebound TargetToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The chart is self explanatory. I circled a few target areas based on dead cat bounces after the recent drop in BTC price. To support the analysis, I have included the VPVR, Keltner Channel, Ichimoku Cloud, Fibonacci Retracement and RSI. I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. 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! #millionaireeconomics
BITFINEX:BTCUSD
by MillionaireEconomics
6
Bitcoin BTC: 1M Chart Review Today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). The Bitcoin price has broken out of the Descending Wedge Pattern. Using Fibonacci Retracement tool, there is a possibility for the price to get close to $25K. The one major concern is the RSI is below a major Support and Resistance line so I am not confident that the price will reach $25K. If price moves below $18.2K, there is a strong chance the price will head much lower ($14K-$10K range). 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! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
4
Down Goes The Dow Jones Industrial Average Index (DJI)Today you can review the technical analysis idea on a 1M linear scale chart for the Dow Jones Industrial Average Index (DJI). In the chart, I added in the Keltner Channel (KC), RSI and MACD as well as review the Great Recession history to get an idea of where the DJI is headed. It seems that the DJI has been moving up an ARC with a possibility to come down and touch it again. It is currently inside a descending channel with the DJI about to touch the median line of the Keltner Channel. Based on the KC median line history, there may be a strong chance DJI price gets rejected. If DJI price falls as much as it did during the Great Recession, it could come down to the $18K level where there is strong support. The RSI and MACD could support that type of drop as both of them are no where near the oversold region. If the DJI price goes above the KC median line, there is a stronger chance to see the price go to $33K-$34K. This is presented on the monthly chart so please have patience. 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! #millionaireeconomics
TVC:DJI
by MillionaireEconomics
9
S&P 500 SPX: Bottom TargetToday I am charting the S&P 500 (SPX) on a monthly chart over a multi-year period. The chart has various drawings noting support areas on the way down. I have also shown the Great Recession crash with a 56% drop. Assuming the same, the S&P 500 would come down to the 2,100-2,300 range which falls in line with the 0.618-0.65 Golden Pocket Fibonacci Retracement. If the SPX goes below the golden pocket, it is headed to the 0.786 at around 1,500 which is major support. The volume year over year has been dropping as well. Lastly, RSI has a chance to keep falling as it is sitting on a major support line right now. This is a multi-year chart so don't expect everything to move quickly. When zooming out, the SPX looks bearish. What are your opinions on this? 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
SP:SPX
by MillionaireEconomics
10
Bitcoin: Still Inside The TriangleToday you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). The Bitcoin price is still in a a descending wedge pattern since the all time high. Many analysts are saying it broke the wedge upwards but from review of the chart the price is still inside with a strong chance of still breaking down forming a bear flag pattern with the break down around $18.9K. If the price breaks below that range, expect the bear flag target of $4K. If the price breaks upwards out of the wedge, there may be a good chance we may see $25K price which is the top part of the parallel channel (shown in blue on the chart). Also noted in the chart is the RSI, Stoch RSI and MACD. A move is definitely coming as we are near the end of the month. 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! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
15
USOIL - WTI Crude Oil - 1Y Chart ReviewToday you can review the technical analysis idea on a 1Y linear scale chart for WTI Crude Oil (USOIL). The chart shows the price has been moving in a descending channel with the current year (2022) looking similar to 2008. Using the Fibonacci Retracement tool, I estimated the price reviewing the next 6 years showing similarities to the price from 2008-2014. It's important to keep in mind that MACD possible bullish cross may be coming next year as well as upward momentum in the Stochastic RSI. RSI also has room for growth. Prior to the price moving higher, I believe that the price will come down lower sometime next year before moving higher very quickly. This may fall in line with the "recession" and economic challenges the global economy is facing. As always, this is a prediction with a great deal of possibilities to come as well as my opinions and knowledge included in the chart. Anything is likely at this point! 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! #millionaireeconomics
TVC:USOIL
by MillionaireEconomics
Bitcoin BTC: Concerns Ahead!Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The Bitcoin price has been forming a bear flag pattern with the break down around $18.9K. If the price breaks below that range, expect the bear flag target of $4K. This will not be a quick move in my opinion. Also noted in the chart is the Keltner Channel and Ichimoku Cloud as well as RSI, Stoch RSI and MFI. The price has a chance to get to the top of the Keltner Channel right before the edge of the Ichimoku Cloud resistance before dropping again. The RSI looks to be coming down again and Stoch RSI is getting ready for a bearish reversal. If price stays on the top line of the Keltner Channel and pushes through the Ichimoku Cloud, I would say there is a chance we go higher. It's not my favored opinion though. 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! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
5
Fantom FTM: Detailed Technical ReviewToday you can review the technical analysis on the 1D linear scale chart for Fantom (FTMUSDT). Fantom price is below the median line in the Keltner Channel which seems to be resistance for a while. I put various Support and Resistance lines on the chart as well as the Ichimoku Cloud which is serving as resistance. RSI, Stochastic RSI, MFI, and Volume are shown in the chart. If price falls further lower, expand the chart to see lower support lines. 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! #millionaireeconomics
by MillionaireEconomics
3
Ethereum: Bottom Price with Timeline (UPDATE)Hello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum (ETHUSD). UPDATE FROM AUGUST 2022 CHART! I placed vertical lines for the month of April from 2017-2025 to show up to now and in the future when price may start making major moves. The current structure looks very similar to 2018 and my prediction shows the same type of movement for Ethereum. The concerning factor is the price has a significant downturn to go based on this chart scenario. Other concerns include low volume, bearish MACD, and RSI is below the support line. The long-term looks positive for Ethereum as I see upside over $8K but price may need to get to around $200 before it goes higher. Hold on tight! 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! #millionaireeconomics
BITFINEX:ETHUSDShort
by MillionaireEconomics
10
Bitcoin: Near Term Support TargetsToday you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ). The chart is self explanatory. I circled a few support areas going downwards. The Keltner Channel and Fibonacci Retracement was used in this chart. I also show the RSI is at the Support line with possibility to break down. Volume does not look good. I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. 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! #millionaireeconomics
BITFINEX:BTCUSD
by MillionaireEconomics
4
TWTR Twitter: Big Drop Coming?Today you can review the technical analysis idea on a 1W linear scale chart for Twitter (TWTR). In the excitement of Elon Musk restarting talks about purchasing Twitter, the stock had a very strong rally. However the weekly chart shows a concern for the future of the stock price. The price has been in a Symmetrical Triangle and has the potential to break above or below it. Since the RSI is almost at overbought, there is a strong chance the price will come back down. Furthermore, weekly Volume is not that strong even with the price rally as shown in the chart. I placed Fibonacci Retracement from the last low in 2016 to the ATH in 2021 with the potential for this stock to come down to the 0.382 or 0.236 before falling lower to the Symmetrical Triangle measured move of $15-$17. Lastly, a death cross (50 SMA crossing 200 SMA) occurred, which is a bearish signal. If the price moves higher, it has a chance to reach the $75-$77 range. This is a weekly chart so please be patient. 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! #millionaireeconomics
NYSE:TWTR
by MillionaireEconomics
3
BTC Monthly Chart: The Bottom PriceToday you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTCUSD). The Bitcoin price has been forming a bear flag pattern with the break down around $18.3K - $18.5K. If the price breaks below that range, expect the bear flag target of $3.5K - $3.6K. This will not be a quick move as this is a monthly chart. I am more concerned than before about this target move as the RSI, Stochastic RSI and MACD all provide a bearish outlook as shown in the chart. Also the measured move target falls in line with a descending wedge pattern which BTC has been inside since the all time high. Lastly, the $3.5K-$3.6K range is about 95% from the all time high which is common during a bear cycle of BTC. I have been calling drops on BTC since November and December of 2021. I am more concerned than before that more drops are coming. 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! #millionaireeconomics
BITSTAMP:BTCUSD
by MillionaireEconomics
8
ARKK - My Third WarningHello friends, today you can review the technical analysis idea on a 1W linear scale chart for ARK Innovation ETF (ARKK). The chart is self-explanatory. I have been providing warnings since December 2021 so I hope you followed along. Included in this chart is the Keltner Channel, recent Death Cross (50 SMA / 200 SMA), RSI, Volume. This is a weekly chart so have patience. There are two support and resistance areas noted with price ranges. 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! #millionaireeconomics
AMEX:ARKK
by MillionaireEconomics
6
DXY Monthly Chart (Predicted in Nov 2021)The DXY (Dollar Index) is shown on a monthly chart. DXY has broken out of a very long term line of S/R (Support and Resistance). It may come back down to re-test the S/R line before heading higher. It's interesting to see the parallel channel formation and the trend line it is walking on since 2008. I have been calling for the DXY to start moving higher since November 2021. What are your thoughts? Comment below and hit the like please. Thank you! 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 #bitcoin #altcoins
TVC:DXYLong
by MillionaireEconomics
7
BTC Monthly Chart (Update from June 22)Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin ( BTCUSD ). Bitcoin price on a monthly chart show resistance ahead with support below. I posted this chart in June 2022 when BTC was above $30K. I hope you listened! RSI is below a major Support and Resistance line as well. 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