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: Soon we Will Have a Bottom on Bitcoin?

18 Oct 2022 1 minute read 3 comments FreedomBuilder

From ATH to Bottom, so from the last top of the bull run to the last bottom of the bear market, I noticed that we go between 365 days to 396 days in bear markt and 1062 days (almost 3 years) in bull run. Now we still have half of October and then Nov...

BTC Daily Technical Analysis: Bull Trap In Action / Coming Soon My Next Trend Following Short

17 Oct 2022 2 minute read 0 comments FreedomBuilder

For me the most obvious short will be on a price level that will cross several trading schools to confirm the rejection via: - The key support level (in orange) at 20.5K, visible on the King Fisher liquidation map.- The bottom of the Ichimuku cloud.-...

BTC Daily Technical Analysis: The High Correlation to Watch Between the S&P 500 & BTC / 50% Fake Pump / 30% Dump / 20% Real Pump

16 Oct 2022 1 minute read 2 comments FreedomBuilder

The S&P 500 is on the key level of dynamic support around 3585 Next support to come will be the 50% fib on the 3230 tested twice as support in September and October 2020 Bullish divergence on the RSI and MACD to be confirmed! This week's last candle...

BTC Daily Technical Analysis: Detect the Next Bottom with Fib Retracement From the Bottom to ATH.

15 Oct 2022 2 minute read 1 comment FreedomBuilder

I took the Monthly fib based on bear market lows and bull run highs.   First we have never tested the MA 62 in Monthly except during the Covid crash in March 2020, and the last 5 months of 2022 from June to October, for now the MA 62 is solid support...

BTC Daily Technical Analysis: Long Term Bearish Scenario Still Valid / What's the Next Target on Bitcoin 17.5K or 20K ???

14 Oct 2022 2 minute read 2 comments FreedomBuilder

Still 3 weeks before starting the 77 days of the last downward wave. With a candle of -23% in one week we will arrive at 14.8K on the 50% fibo, otherwise the next level will be the 11K to fill the CME gap or the 10K on the 61.8% fibo, and if we will...

BTC Daily Technical Analysis: The Market in manipulation hunting for liquidity / After the inflation figure we had a Dump followed by a Pump

13 Oct 2022 1 minute read 7 comments FreedomBuilder

Inflation isn't as expected, we had directly after the news a big dump on the S&P 500 and BTC followed by a pump to return to the level before.       I deleted this week's gains on the last long ATOM/USDT trade, basically I'm at break even by adding...

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...