Today you can review the technical analysis idea on a 1D linear scale chart for Tesla (TSLA). Tesla is below a major Support and Resistance Line and now the price has the potential to fall to the $167-$170 range where there is major support. Anything is possible in these markets but the trend is your friend and currently the trend is heading lower. If you enjoy...
Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The Bitcoin price looks like its forming a lower high as part of the downward market structure. There is a chance for the price to go higher as shown in the chart before heading down lower. Targets shown in the chart. To support the analysis, I have included the...
Today I am charting the The US Dollar Index (DXY) on a monthly chart over a multi-year period. The chart shows a long term descending parallel channel (generally bullish), which the DXY has been trading in. The chart shows major touch points where the DXY is either supported or crosses support and resistance lines on the multi-year period. Currently if DXY heads...
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 RSI 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...
Today 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. I...
Today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The Bitcoin price looks like it is about to break out of the triangle very soon. Looking at the movement of price in the past few months, there is a stronger possibility for the price to head lower out of the triangle forming a bear flag pattern. The measured move...
Today 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...
Today 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...
Hello 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...
Hello 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...
Today 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...
Today 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...
Today 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...
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...
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...
Today 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...
Today 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...
Today 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...