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Millionairemindset

BTC Bitcoin - Weekly Chart Death CrossToday you can review the technical analysis idea on a 1W linear scale chart for Bitcoin (BTCUSD). Bitcoin price on the weekly chart shows some concerns as the 200 and 50 SMA looks like it will be crossing forming a Death Cross. This would be the first time a Death Cross happens on the weekly chart for BTC in its history. It is estimated to happen in between January-February 2023. There may be a chance the Death Cross may be avoided if the price moves much higher or lower quicker. I see price come down to $7K-$8K. I still don't think that will be the bottom, but it may be a temporary bottom. 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
ETH Ethereum: $600 Range IncomingToday you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum is inside a triangle looking to complete a formation of a potential Bear Flag Pattern. The measured move of the Bear Flag formation is under $600. The price currently has two paths by either staying inside the triangle until completion or headed down now. Interestingly MFI (Money Flow Index) shows an uptick in the short term and the RSI is at a support point. I think the $600 range may be resting place before more downside based on my prior ETH charts. 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
COINBASE:ETHUSD
by MillionaireEconomics
10
The Break DownLet's break this trade down: 12AM NEW DAY. Overall Bias Trend was UP on EURUSd the DXY WAS Down. The mindset therefor is LONG for the day. The algorithm that delivers price attacked sell side liquidity taking out all LONGS before it then 52 Faked out and continued the original trend long. The key to this set up if you're early never over leverage. You over leverage you can't stay in this set up. 3am Now The Bias is Set. The DXY is breaking South. EURUSD has at least 60 pips to Range once she breaks this morning zone which as of 3:02am it's BROKEN. Now we ride this rocket to the extremes before the next set up presents itself. #TradingMadeSimple
Long
by Master-Jedi-Trader
GBPNZD is Bearish !!!! SELL.GBPNZD is currently on a downtrend and price is currently in a zone of interest at the 61.8 % fib level. I am currently looking for a break out and retest out of my Asian box. Expecting a move around 3:30am or at 4:30am est. My chart markup was done on a 1hr. Looking for entries on the lower time frames for selling confirmation. If you like this idea or have your own opinion about this pair, please comment below box. I would love to reply. Trade at your own risk. Have A Good Trading Day!
Short
by Keymc
50x you money??? "Absolute no brainer" - Mr Chris"Aveng is btc in 2009. I found an article talking about how everyone thinks its a cosntruction company that has crashed and is thus writing it off, but its actually changed into a mining company in Aus, Asia and West Africa. and its making profit. They traded at R33 in normal times (after 2010 boom and dip) I did a rough back of the hand - this company could be profitable and 33x smaller than it was that makes it R1 a share. Like as a company - they are making money and have a solid order book its basically a free share" - Mr Chris (Covid believer and 2020 Aveng enthuesiast) So there you have it folks, straight from the horses mounth. Get it while its hot, get it while its low. Make them dollar bills printer go brrrrrrrrrr.
JSE:AEGLong
by Willco95
8
GBPNZD ShortAs we see we've got double tops on the 1.91500 level which gave us confirmation to take shorts to the downside. On the 4 hour TF we have also double tops which strongly indicates the major bearish trend. I'm trying to hold a bit longer than usual 30 PIP's to test a swing trade what I haven't really done yet. TP Zone I marked out on 1.90200 area where price has already been respecting that zone many times. This thoughts came only from my analysis, where I'm trying to figure out how the market behaves and in order to become successful trader, it is essential to keep your trades and analysis. Tradingview is the perfect place! All the best!
Short
by Matzory_FX