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???
19 Aug 2022 1 minute read 0 comments FreedomBuilder
Moving averages that I will use for analysis- MA 19: the white.- MA 38: the orange.- MA 62: the blue. When the price goes below the three moving averages and especially the MA 62 in blue, it is a big bearish signal and the start of a last bearish l...
18 Aug 2022 1 minute read 2 comments FreedomBuilder
After breaking the key support level in H4 at $23,671 with a candle close lower, we are now doing a pull back. If we spend more time at arround 23.5K level, I think the shorts will continue to accumulate liquidations in the north, which is the case...
17 Aug 2022 1 minute read 0 comments FreedomBuilder
Are investors scared and sending their BTC to exchanges for dump! or simply exchanges like Binance and Coinbase are preparing a Long Squeeze to the south by sending BTC from their decentralized wallet? A rise on the S&P 500 without volumes o...
16 Aug 2022 1 minute read 2 comments FreedomBuilder
High confluence on the S&P 500 in Weekly wich is showing a lot of bearish signals- Bearish divergence on the RSI.- The key resistance at 4325 in confluence with the trend line, the 61.8% fibo, , and the MA 62. We are now at the 4325 on the S&P 50...
15 Aug 2022 1 minute read 0 comments FreedomBuilder
Are we confirming the bullish divergence on the DXY which indicates a top on the BTC and then the rejection?https://www.tradingview.com/x/ucWnh3K7/ I have shared a back test on the DXY with the BTC which shows that each time the Dollar confir...
14 Aug 2022 1 minute read 2 comments FreedomBuilder
Stop hunting for shorts at $25032 just above the last high at $24940. H4 bearish divergence to be confirmed with a close below the last low at $24400 to test the key support level at $23671 in confluence with the MA 62. While waiting for the openin...
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...
