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 Bears are Back! will they have the momentum this time?

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...

Bearish Double Divergence on BTC & The S&P 500 to watch given the high correlation with BTC at 90%

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...

BTC Daily Technical Analysis: History repeats itself!

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...

Not far from the end of the BTC bear market, zoom in to see it on big picture!

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...

Important level to watch on the S&P 500 before a strong move on BTC!

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...

BTC Daily Technical Analysis: Massive Peaks of liquidation upper for a Potential "Buy to Sell" to calm shorts.

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!!!    ...

Bitcoin Technical analysis: The big on-chain bearish signal!!!

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...

BTC Technical Analisys: Bearish Signal to be confirmed on the Daily close Candle!

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...

The positive correlation to watch for BTC with the S&P 500 and negative with the Dollar Index DXY!

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...

The pros and cons of the BTC downward trend continuation!

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...