Technical analysis of bitcoin and the crypto market. - Cryptos are correlated to BTC. - BTC is correlated to the S&P500 - The S&P500 is the largest US market, it can be called the Bitcoin of the stock market. If we can follow the BTC price action we will be able to follow all the other crypto projects, when to buy and When to sell???
13 Nov 2022 2 minute read 4 comments FreedomBuilder
Longs and shorts are starting to get wise and stop trading with high leverage as the big sell-off peaks in the south are around 14.5K and in the north around 20.5K If I was a market maker and I would like to lose the majority (which will be my liquid...
12 Nov 2022 2 minute read 0 comments FreedomBuilder
- The 3 Bulls: The S&P 500 up, the dollar index DXY down sharply, inflation too.VS- The 3 BEARS: BTC bottom of the last low at 17.6K, liquidations spikes at 14K and FTX crashes. Logically the dollar falls the S&P 500 with the BTC rise, but there ever...
11 Nov 2022 1 minute read 0 comments FreedomBuilder
On the Dollar index DXY we have a large red Weekly engulfing candle which breaks the trend line 5 times from below as support, and the last low at 108. Normally it's a big bullish signal on the S&P 500 and the BTC, except as we see on the BTC liquida...
8 Nov 2022 2 minute read 0 comments FreedomBuilder
I don't think so since the Dollar is starting to find support at the key support level at 109.6 in confluence with the 50% fibo, and the bottom of the Ichimuku cloud, and we have two bullish divergences on the RSI and the MACD to be confirmed! If t...
7 Nov 2022 1 minute read 1 comment FreedomBuilder
Bitcoin hasn't moved yet compared to APT and other alts, I'm still waiting for the big cleanup in the south. My 4 shorts are still open, and I just closed the Short APT/USDT while waiting for a good entry point after the shorts have been liqui...
6 Nov 2022 1 minute read 2 comments FreedomBuilder
The weekend is loaded with long positions with high leverages given the liquidations close to the price, in my opinion it will soon go south, but it will all depend on the Weekly open on the DXY and the S&P 500 in futures! Will we get rejectio...
5 Nov 2022 2 minute read 0 comments FreedomBuilder
The BTC is rising while volumes are falling, it's visible on the OBV via the bearish divergence, and the same on the MACD with a falling Buy Momentum. The price is being rejected by the 50% fibo in confluence with the trend line as resistance of the...
4 Nov 2022 2 minute read 0 comments FreedomBuilder
- Bearish divergence on the RSI / MACD / OBV.- Rejection of 50% Fibo.- Rejection after taking liquidity above the last top at $20,800, normally with the stop losses of the shorts but not necessarily their liquidations as we saw yesterday on the King...
3 Nov 2022 1 minute read 0 comments FreedomBuilder
The Dollar index DXY is taking off, investors are protecting themselves in dollars as a safe haven after the rise in interest rates, and it's a big bearish signal on the S&P 500 and the BTC. https://www.tradingview.com/x/uU2AWali/ The complete an...
2 Nov 2022 3 minute read 3 comments FreedomBuilder
I think we are just at the beginning of the Long Squeeze to the south on BTC, and traders with high leverages are already rekt given the non-existent liquidations spikes iclose to the price. I expect a strong move today south towards 19K with a mass...
