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: 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...

BTC Daily Technical Analysis: Rebound or Continuation of the Down trend?

2 Oct 2022 1 minute read 0 comments FreedomBuilder

  The long squeeze saw liquidity to take south and from 17.5K, but to see the Weekly open in a few hours on the DXY Dollar index and the S&P500 futures!       Hidden bearish divergence on the RSI visible on the LINE chart, but it's not the best as t...

BTC Daily Technical Analysis: Bearish Scenario Based on Elliot Waves, Wyckoff Scheme & Gap CME / My Last Two Short Positions

1 Oct 2022 1 minute read 3 comments FreedomBuilder

The scenario I've already shared on BTC with the Wyckoff pattern of distribution and the Elliot wave 5 in 77 days to fill the gap towards 11K is still valid, there are 5 weeks left for validation or invalidation!!! https://www.tradingview.com/x/qTj1j...

BTC Daily Technical Analysis: Bullish Signals in the Market but to Pay Attention to the Triple Candle Close on Weekly, Monthly and quarterly!

30 Sep 2022 2 minute read 8 comments FreedomBuilder

On the King Fisher map, there is more to liquidate in the north than in the south, so possible pump from 5% to 10% to look for the liquidations of the shorts until the 22K, otherwise the dump until 17K if the S&P 500 will continue its downward trend,...

BTC Daily Technical Analysis: Sometimes it's Better to be Prepared for all the Scenarios / After Manipulation Soon the Distribution on the Next floor to the North or South?

29 Sep 2022 2 minute read 0 comments FreedomBuilder

19.6K like a magnet on the next big peak near price, and the accumulation range that continues with manipulations ahead of the next distribution to the south or north?   High confluence on ATOM towards a reversal and continuation of the uptrend: - S...