MillionaireEconomics

MillionaireEconomics

Hello 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...

MillionaireEconomics

Today I am charting the GBP (Great British Pound) / USD (US Dollar) on a yearly chart over a multi-year period. I put it on a parallel channel and noticed on the yearly chart that multiple bear flags have been forming. The next bear flag formation measured move is around 0.78-0.80. Let's hope it reverses! This is a multi-year chart so don't expect everything to...

MillionaireEconomics

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...

MillionaireEconomics

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...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Ethereum (ETHUSD). Ethereum Merge is complete and now the price seems to be falling. I have noted all the major support and resistance lines and areas to keep an eye on. If price falls below the Support Line 2 (look in the chart), Ethereum price may have a significant...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin ( BTCUSD ). Bitcoin price is breaking down from the rising wedge. The measured move of the rising channel is in confluence with the 1.382 Fib level around the $16K area. More notes inside the chart. Also Included: Fibonacci Retracement, RSI, MACD, Stochastic...

MillionaireEconomics

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...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Apecoin (APEUSD). The chart is self-explanatory. With the crypto market going through a correction, Apecoin may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Polkadot (DOTUSD). The chart is self-explanatory. With the crypto market going through a correction, Polkadot may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Cardano (ADAUSD). The chart is self-explanatory. With the crypto market going through a correction, Cardano may still have downside to go. See where I believe there may be strong support and possible bottom. Included in the chart: Trend line, Support and Resistance...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1W linear scale chart for Litecoin (LTCUSD). The Litecoin chart is on a weekly basis to show the life cycle of Litecoin on this chart. Price was around $200 in December 2021 when I started sharing my concerns with the crypto market. I hope you took that advice seriously at that time, as Litecoin...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). The Bitcoin price has fallen out of the rising channel and now headed lower. The two targets are shown in the charts as well as my thoughts on other indicators and oscillators. Read the chart carefully. Included: Fibonacci Retracement, RSI, MACD,...

MillionaireEconomics

Hello friends, today you can review the technical analysis on the 1M (monthly) linear scale chart for Ethereum ( ETHUSD ). 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...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1M linear scale chart for Bitcoin (BTC) and Ethereum (ETH). I get asked all the time what I think the bottom for this market cycle will be for BTC and ETH. Today I am posting my charts for both using basic analysis - Support and Resistance Trend line, Volume, Volume Profile Volume Range (VPVR),...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Bitcoin (BTCUSD). Bitcoin price is currently inside a rising channel. The chart shows a variety of signals with potential for upward movement around the resistance areas at the center of the Keltner Channel (KC) which is in confluence with the Ichimoku Cloud resistance...

MillionaireEconomics

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...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for the Crypto Total Market Cap. Chart is self explanatory. It could get to the 0.236 Fib level before coming back down. RSI and Stoch RSI are near or at the overbought region. Volume dropping off still. Also Included: MACD, Ichimoku Cloud, and VPVR. If you enjoy my...

MillionaireEconomics

Hello friends, today you can review the technical analysis idea on a 1D linear scale chart for Ethereum (ETHUSD). Ethereum price has been rising since the July lows. The chart shows a variety of signals with potential for upward movement around the resistance areas at the top of the Keltner Channel (KC) near the 0.382 Fibonacci level. A major concern is Volume...