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???
3 Sep 2022 1 minute read 0 comments FreedomBuilder
+10K BTC arrived on the exchanges again today, big bearish signal, the market makers are ready to distribute towards the next support at $18,550 and $17,600. The sellers are still there destroying every bullish hope and if fear sets in with st...
2 Sep 2022 1 minute read 2 comments FreedomBuilder
The BTC bounced yesterday on the support at $19500, the next resistance will be at $20800, and especially the $21550 in confluence with the 38.2% Fibo of the last bearish wave, and the MA 62 which is not far away, and the shorts liquidation zone with...
1 Sep 2022 1 minute read 0 comments FreedomBuilder
The BTC balance on the exchanges is largely positive with +13K BTC over the last 24 hours, finally it's huge and it doesn't happen every day in the bear market except to prepare for a Bull Trap. What I can conclude from this is that the whales are...
31 Aug 2022 1 minute read 2 comments FreedomBuilder
Yesterday I did an analysis on the S&P 500 except I forgot to add a detail which is the high confluence on a possible rebounce to look for the next resistances and at the same time trap the shorts before continuing the down trend or may be the retu...
30 Aug 2022 1 minute read 0 comments FreedomBuilder
The bearish divergence (RSI / MACD / OBV) on the S&P 500 is confirmed after the crossing below the level 50 of the RSI, the break below the MA 62, and a lower low. The sellers are still present, and we see it on the Momentum via the MACD which is s...
29 Aug 2022 1 minute read 0 comments FreedomBuilder
The shorts continue to open positions and it is visible on the biggest peak at 24K with 85 million dollars in liquidation, but first are we going to take the liquidity via the peak towards 21.1K? and until then to also see if the shorts have closed...
28 Aug 2022 1 minute read 0 comments FreedomBuilder
The DXY Dollar Index is starting to lose momentum via the MACD. Three Weekly bearish divergences on the DXY to be confirmed: on the RSI, the MACD and the OBV (On Balance Volume) with price rising while volume is falling. The price can continue in t...
27 Aug 2022 1 minute read 0 comments FreedomBuilder
Will we have a 10K Bottom on November 7, 2022? My answer is just to speculate, I could be completely wrong!!! Since the last ATH at 69K we started the Bear market with impulse and corrective waves. - First wave of downtrend corrected -52% over 77 d...
26 Aug 2022 2 minute read 2 comments FreedomBuilder
Since June 2022 after the big drop we have been in an accumulation range, personally I think of a continuation of the drop given the head of the Weekly which is not terrible and also the volumes. In Daily we was yesterady in the middle of the range w...
25 Aug 2022 1 minute read 0 comments FreedomBuilder
Low volatility on Bitcoin over the last 5 days except for a small rise with bearish volumes on the OBV, if confirmation of the bearish divergence then the continuation of the down trend. When the price tries to break above the key resistance level at...
