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 Aug 2022 1 minute read 0 comments FreedomBuilder
Large peak of BTC which arrived on the exchanges ready to sell. The balance of BTC with more than 45K BTC and the majority via Coinbase known by institutions which are very strong hands. The Dollar DXY has just break out on the top of the...
2 Aug 2022 1 minute read 0 comments FreedomBuilder
Quite a lot of BTC hit the exchanges over the past 30 days and today. This is not a bullish signal beacause we have Bitcoins on the exchanges ready to sell. whales are preparing a Long Squeeze, or retails are afraid and send their BTC to the exchan...
1 Aug 2022 1 minute read 0 comments FreedomBuilder
the S&P 500 is on the 50% fibo at 4105, and not far from the last top at 4200 and the 61.8% fibo at 4223 If we go lower I think we will first have a short hunt above 4200 to 4223 and then we will see the reaction of the price in this area. It is al...
31 Jul 2022 1 minute read 0 comments FreedomBuilder
*** Pros: High confluence on 4 indicators.- Bearish divergence to be confirmed.- The 50% fibo are well defended and we can't close above it.- Bullish channel with more probabilities to break out below, then to confirm the Bear Flag.- The patter...
30 Jul 2022 1 minute read 0 comments FreedomBuilder
- Not far from the 38.2% fibo as the first obstacle towards 26K, and then the MA 162 in yellow towards 27K which can already reject us for the first time.- The bearish crossing of the 2 MA Weekly MA 62 (in blue) and MA 38 (in orange) which are orie...
29 Jul 2022 1 minute read 2 comments FreedomBuilder
Big Long Liquidation peaks from 23K to 17K and then further to 15K. At the top we have only two large liquidation peaks towards 32.5K and 42K Finally the small fish are going long massively while the shorts are calm and cautious!!! Bull trap...
28 Jul 2022 1 minute read 0 comments FreedomBuilder
- The Dollar Index DXY is still in the fibo zone of 38.2% to 50% as a support during its long term uptrend. - The S&P 500 in negative correlation with the DXY, and each time it gets rejected from its resistance when the dollar bounce back on its ke...
28 Jul 2022 1 minute read 2 comments FreedomBuilder
BTC is in a regression bullish channel after a short squeeze up to 23K, potential bear flag in formation to be confirmed! We have two solid resistances which are the 50% fibo, and the break of MA 62 at least to go bullish in the short term. https:/...
26 Jul 2022 1 minute read 2 comments FreedomBuilder
The three weekly moving averages that I use: MM 62 / MM 162 / MM 262- The MA 62 gave the first signal of bear market confirmation.- The MA 162 gave the first bull run signal after a long bear market.- The MA 262 here we are now is a solid long-term...
25 Jul 2022 1 minute read 0 comments FreedomBuilder
In our cycle only half the head of the bad Bear Market is done. I find that the Bear market really starts at the break below of the MA 62 Weekly in white with a clear bearish candle close. If we take the front of the chart pattern "the head of the...
