MillionaireEconomics

MillionaireEconomics

Hello friends, as many of you know, I enjoy writing an in-depth analysis along with my chart. Though I want to do that with every chart I show, I don't have the chance to show more charts as it takes time writing out the analysis. So moving forward, you will see me mix up the charts with in-depth analysis as well as short analysis. I hope you understand and...

MillionaireEconomics

Hello friends, today you can review the technical analysis on the 4H (hourly) linear scale chart for Ethereum ( ETHUSD ), a cryptocurrency. #CryptoPickk noted in the chart: 1) There is a multi-month trendline which the Ethereum price has come close to touching or has bounced off. 2) When the trendline was formed, the price was below it and it was serving as...

MillionaireEconomics

Hello friends, today you can review the technical analysis on the 4H (hourly) linear scale chart for Bitcoin ( BTCUSD ), a cryptocurrency. #CryptoPickk noted in the chart: 1) One of the top questions is when can we get to $100K for Bitcoin? 2) The price recently fell due to a crypto market crash but has rebounded. 3) A key area of resistance is around the...

MillionaireEconomics

Hello friends, today you can review the technical analysis on the 4H linear scale chart for Somnium Space Cubes ( CUBEUSD ), an altcoin cryptocurrency. #CryptoPickk noted in the chart: 1) The Somnium Space Cubes price has been in a Triangle Pattern since early November 2021. The price broken down from the Triangle during the recent crypto crash, but with a...

MillionaireEconomics

Hello friends, today you can review the technical analysis on the 1D (daily) log scale chart for Ethereum ( ETHUSD ), an altcoin cryptocurrency. When reviewing this chart, keep in mind it is on a macro perspective and not looking at the day to day activity. #CryptoPickk noted in the chart: 1) The Ethereum price has been in a Parallel Channel since the end of...

MillionaireEconomics

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Terra ( LUNAUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators. #CryptoPickk notes the following: 1) Terra price has been exploding and took no consideration for the recent crypto market crash,...

MillionaireEconomics

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Dogecoin ( DOGEUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators. #CryptoPickk notes the following: 1) Dogecoin price had an all time high in May 2021 and since that point, the price has only...

MillionaireEconomics

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for The Graph ( GRTUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines. #CryptoPickk notes the following: 1) The Graph price had an all time high in February 2021 and since that point, the price has only came...

MillionaireEconomics

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Cardano ( ADAUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines. #CryptoPickk notes the following: 1) The Cardano price has been falling since reaching an all time high in September 2021. 2) Due to the...

MillionaireEconomics

Hello friends, today you can review the 1H charts for Bitcoin (BTCUSD), Ethereum (ETHUSD) and Litecoin (LTCUSD). #CryptoPickk notes the following: 1) As the entire crypto market fell drastically, the potential for a move upwards is very possible. In these scenarios, a Dead Cat Bounce Pattern is very possible. 2) For anyone that doesn't know what a Dead Cat...

MillionaireEconomics

Hello friends, today you can review the technical analysis on the 1W chart for Grayscale Bitcoin Trust (GBTC) and Grayscale Ethereum Trust (ETHE). 1) Both GBTC and ETHE are heavily invested into the crypto markets through Grayscale. 2) With the crypto market correction, prices of both GBTC and ETHE may fall as well. 3) Both charts show the Fibonacci Retracement...

MillionaireEconomics

Hello friends, today you can review the technical analysis on the 1D chart for Microstrategy (MSTR) and Coinbase (COIN). 1) Coinbase and Microstrategy are both public companies that are intertwined in the cryptocurrency markets. 2) With the sizable drop in the crypto markets, the price of Coinbase and Microstrategy will be affected when the market opens. 3)...

MillionaireEconomics Updated 

Hello friends, today I am completing a technical analysis on the 4H linear scale chart for Fantom ( FTMUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted. #CryptoPickk notes the following: 1) Fantom price has had a major run in 2021 with the price reaching an all time high in...

MillionaireEconomics

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Synthetix ( SNXUSD ), an altcoin cryptocurrency. #CryptoPickk notes the following: 1) Synthetix price has been falling since February 2021 when it met the all time high. 2) The price is around a crucial Fibonacci Retracement level of 0.786 at around $6.85-$7.00. 3) Along...

MillionaireEconomics Updated 

Hello friends, today I am completing a technical analysis on the 4H linear scale chart for Polygon ( MATICUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted. Congrats to everyone that caught Polygon on it's recent pump! #CryptoPickk notes the following: 1) Polygon price has...

MillionaireEconomics

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Litecoin ( LTCUSD ), an altcoin cryptocurrency. Please review the chart and analysis below carefully as there are many trendlines and indicators noted. #CryptoPickk notes the following: 1) The Litecoin price has been falling since the all time high in May 2021. The price...

MillionaireEconomics

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Ark Innovation ETF ( ARKK ) led by Cathie Wood. #CryptoPickk notes the following: 1) Ark Innovation has had a great run from 2020 into early 2021 when the ETF made an all time high. Since that point, it has been correcting. 2) Since the all the high, the price has been...

MillionaireEconomics Updated 

Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Twitter Inc ( TWTR ), traded on the NYSE. #CryptoPickk notes the following: 1) Twitter price has been falling for multiple months after the price met an all time high around $80. It has been supported in the past by a multi-year trendline (in red). 2) Based on the...