Trading The King of Crypto
Trading The King of Crypto

Trading The King of Crypto

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???


BTC Daily Technical Analysis: Strong Imminent Movement at the Key / The Hunt Continues

12 Oct 2022 1 minute read 1 comment FreedomBuilder

  Inflation is in a very long-term downward trend. Is this the rejection of the resistance trend line? I think so since the fed focuses a lot on inflation, and Jerome Powell's first objective is to lower it. The S&P 500 is not far from the bottom, an...

BTC Daily Technical Analysis: Beginning of a Short-Term Bullish Reversal / Today's new Position!!!

11 Oct 2022 1 minute read 0 comments FreedomBuilder

First the 20K or the 18K??? I think you have the answer.😉       On ATOM we have 2 giant peaks in the north close to the price at $12.8 and $13.2, but it's possible to go a little south to get the $12 and then go north to liquidate the shorts.    ...

BTC Daily Technical Analysis: The S&P 500 is Bearish / BTC is very Close to an Explosion / High Confluence on ATOM.

10 Oct 2022 2 minute read 0 comments FreedomBuilder

The Bitcoin in Daily is close to exploding downward!!! If today we close at the bottom of the middle band of the Bollinger bands, and at the bottom of the trend line as support the decline can continue until 18.5K to 17.6K as next supports. The Bolli...

BTC Daily Technical Analysis: Long Squeeze or Short squeeze First / Why I Closed My Long position on ATOM & what do I Expect in the Future???

9 Oct 2022 2 minute read 4 comments FreedomBuilder

We always have big peaks in the north except that they are not close to the price, 99% of the time we will not look for them on a Daily candle of -20% to -30% that rarely happens in the event of a crash, so it will be easier for the exchanges to go h...

BTC Daily Technical Analysis: The market in red and the shorts open positions massively with Big Leverages!!!

8 Oct 2022 2 minute read 0 comments FreedomBuilder

The weekend is the time with the big leverages, the little fish go out for a ride and the whales are preparing the trap with low volatility. Between 20K and 21K there are more Longs to liquidate compared to the south between 19K and 18K, it will be m...

BTC Daily Technical Analysis: The impact of unemployment rate results on the market / ATOM Long Position Update.

7 Oct 2022 2 minute read 1 comment FreedomBuilder

The unemployment rate is down as expected in scenario 1, it's not a bad thing that we have fewer unemployed people, but with inflation that has exploded it won't help much to bring it down. Now remains the most important news on the inflation rate ne...

BTC Daily Technical Analysis: Possible Long Squeeze / Speculation on Bitcoin Future Trends with US Inflation, Interest Rates and Unemployment.

6 Oct 2022 2 minute read 1 comment FreedomBuilder

Still relevant the Long squeeze to the south until 19.5K with the 2 giant peaks close to the price.       The dates of the next 3 news items to watch that will influence volatility. - The unemployment rate tomorrow: 07/10https://tradingeconomics.com...

BTC Daily Technical Analysis: Red Candle on BTC and Green on the Dollar index DXY but not for long time / the Bear Trap in Bitcoin is Still in Action!

5 Oct 2022 2 minute read 0 comments FreedomBuilder

The Dollar is rebounding from the key support level at 110, if we lose this level then the next ones will be at 109.3 (50% fib) and 108.1 (61.8% fib)   The last two times we broke the support trend line office on the RSI we had:- The next day a green...

BTC Daily Technical Analysis: Grid Trading Strategy for the Long Term / My New Position on ATOM

4 Oct 2022 1 minute read 3 comments FreedomBuilder

Grid trading has fascinated me for two years, except that I couldn't convince myself of the potential profits and losses to be taken. I was stuck on the losses, I told myself if I won it would be small sums but the loss would be substantial.   I have...

BTC Daily Technical Analysis: Undecided Market, to see the Possibilities for an Upward recovery or Continuation of the downward trend! / My New Hedging position to Hedge the old one.

3 Oct 2022 2 minute read 5 comments FreedomBuilder

Bullish signals on the S&P 500 to be confirmed!!!- Bullish divergence on the RSI and the MACD.- The rebound on the 200 Weekly moving average at 3585. Despite the close lower of the last June low at 3640, there is a chance to bounce off the 200 MA at...