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 Aug 2022 1 minute read 0 comments FreedomBuilder
Wyckoff's pattern of distribution in Weekly is almost at the end of phase D marked by capitulation before entering the last phase E of rage and depression during the end of a market cycle. https://www.tradingview.com/x/rF1s3Z47/ 80...
12 Aug 2022 1 minute read 0 comments FreedomBuilder
BTC and the S&P 500 are positively correlated and normally both are negatively correlated with the dollar index DXY. - The dollar index DXY is in full bull run and strong uptrend.- DXY rises with high volumes, but BTC with the S&P 500 rises with lo...
11 Aug 2022 1 minute read 1 comment FreedomBuilder
Bearish signal on Balances exchanges:More BTC coming on exchanges to get sold, whales are ready to push the price down if the S&P 500 starts first given the high correlation. Possible bullish reversal on the S&P 500 in favor of BTC or th...
10 Aug 2022 1 minute read 0 comments FreedomBuilder
We just trapped the shorts stops above the last top at 4200 to take liquidity and get the shorts off the train before getting rejected below, or just the continue the Daily uptrend! Several bearish divergences confirmed in the past with price versu...
9 Aug 2022 1 minute read 0 comments FreedomBuilder
Bullish channel forming on the S&P 500 via higher highs and higher lows, with full of liquidity in the south via Long stops. On the same level in which we are, in the past we made a bullish channel followed by the confirmation of the Bear flag. Wi...
8 Aug 2022 1 minute read 0 comments FreedomBuilder
The S&P 500 just took liquidity via short stops, above the last top at 4176.8 Bearish divergence with an RSI doing a higher low and the price a higher high.The divergence is clearly visible on the Line chart. Price rejected from the key resistance...
7 Aug 2022 1 minute read 2 comments FreedomBuilder
Since the beginning of the bear market after the last ATH at 69K in November 2021, the same thing is repeated. Each bearish wave is followed by a bullish retracement channel which ends with a confirmation of the bear flag and continuation of the do...
6 Aug 2022 1 minute read 4 comments FreedomBuilder
- We are currently on a quarterly 3M green candle to end the summer, but it may end in a red with a wick for a Long Squeeze, and it will be 3 red candles which is the maximum.- Possible return of buyers in the last quarter around the beginning of O...
5 Aug 2022 1 minute read 0 comments FreedomBuilder
S&P 500 under resistance with sellers defending their territory, a hunt for shorts towards 50% fibo and a bit above the last top with a wick is quite possible! I don't see the S&P 500 getting rejected without taking liquidity north. The trend is bu...
4 Aug 2022 1 minute read 0 comments FreedomBuilder
- Liquidation Map: High peacs of Short liquidations on north! So if the shorts will not closing their positions, they will get liquidated, or the longs will be back massively again for the bull trap to the south, before the bear trap!!! ...
