Technical Analysis

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BTC Daily Technical Analysis & The Important News to know before Pump or Dump!

24 Aug 2022 1 minute read 1 comment FreedomBuilder

    The BTC after breaking its bullish channel from below it stopped on the support at 20.7K to bounce up to 21.9K To be more likely to continue above, it is better to have a bearish channel of regression which will break from above to confirm the bu...

Triple bearish divergence on the DXY Dollar Index via the RSI, MACD and OBV, in favor of the S&P 500 and BTC.

23 Aug 2022 1 minute read 0 comments FreedomBuilder

  The most important bearish divergence is the OBV (On Balance Volume) which shows us that the price is rising while the volumes are falling. We had bearish divergences on the RSI and the MACD but without the OBV so no confirmation. We are approachin...

Ethereum just showed us a glimpse of the future for mining after the Merge

23 Aug 2022 4 minute read 5 comments Patch

Last week the DAG size of Ethereum got to over 5GB in size. Meaning that GPUs or ASICs with 5GB of memory would no longer be able to mine Ethereum. In practice, this had no effect on GPU mining, but it did have a fairly substantial effect on the Asic...

The BTC confirms a Bottom on a range of accumulation! but to watch the positive correlation with the S&P 500 and negative with the DXY!!!

22 Aug 2022 2 minute read 0 comments FreedomBuilder

  - When I started doing the back test with the MA 62 in Weekly, I can say that we are on a Bottom after the break down of the MA 62 in January 2022 we are at -58% retracement and this is almost the case during the last two cycles. - The passage belo...

BTC Daily Analysis: Where we will go first 24K or 19.3K ???

21 Aug 2022 1 minute read 2 comments FreedomBuilder

  The Longs still keep opening contracts trying to catch the falling knife, I think they are hedging their already open positions to keep the stop loss away, and the majority of the Longs will have their SL below the last Bottom at 17.6 K No interest...

BTC Down trend continuation with Wyckoff's distribution pattern in action & Elliot waves & Fibo.

20 Aug 2022 1 minute read 2 comments FreedomBuilder

  Trend waves are powerful with lots of volatility, unlike retracement waves which often happen in a range or regression channel with low volatility. The Weekly trend on BTC remains bearish with lower lows and higher highs. If we are in the last big...

BTC Daily & Weekly Technical Analysis: Down Trend Continuation & last bearish leg of the Bear market!

19 Aug 2022 1 minute read 0 comments FreedomBuilder

  Moving averages that I will use for analysis- MA 19: the white.- MA 38: the orange.- MA 62: the blue. When the price goes below the three moving averages and especially the MA 62 in blue, it is a big bearish signal and the start of a last bearish l...

BTC Daily Technical Analysis 18-08-2022: Short Squeeze to $25500 before Long Squeeze to $22610

18 Aug 2022 1 minute read 2 comments FreedomBuilder

  After breaking the key support level in H4 at $23,671 with a candle close lower, we are now doing a pull back. If we spend more time at arround 23.5K level, I think the shorts will continue to accumulate liquidations in the north, which is the case...

Not So Bad Inflation Relieves the Crypto Market, Big Players Are Back. Gainers Overview

18 Aug 2022 2 minute read 0 comments Mike Ermolaev

Markets across the board, as well as crypto markets, were boosted by US inflation coming in better than expected. Since market participants had been pricing in a deeper decline of  8.7%, July's 8.5% fall was a sign of relief for risk markets. Before...

The S&P 500 is showing signs of weakness and the BTC balance on the exchanges is up again today with almost 20K in 24H.

17 Aug 2022 1 minute read 0 comments FreedomBuilder

  Are investors scared and sending their BTC to exchanges for dump! or simply exchanges like Binance and Coinbase are preparing a Long Squeeze to the south by sending BTC from their decentralized wallet?       A rise on the S&P 500 without volumes o...