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???
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...
24 Jul 2022 1 minute read 0 comments FreedomBuilder
Shorts with low leverage accumulate their liquidations in the north, and often are large cautious investors who can close their positions sooner if they risk being liquidated, they are not like the short-term traders of people with large leverages...
23 Jul 2022 1 minute read 0 comments FreedomBuilder
After a fake break out of the bullish channel, we made a lower low to come back inside the accumulation range before a next distribution. - The Longs went above 50% towards a bull trap at the bottom.- The Funding rate is still positive in favor of...
22 Jul 2022 1 minute read 0 comments FreedomBuilder
High confluence on 4 indicators towards a continuation of down trend!!! - The MA 62 as resistance. - The 50% of Fibo - The hidden bearish divergence. - The "Long Wick Candle" pattern, it shows us that the sellers are starting to come back while the b...
21 Jul 2022 1 minute read 0 comments FreedomBuilder
- The shorts go down after a second rejection of 61.8% and we are not far from a bullish cross of the longs above 50% which is a bearish signal towards a hunt for the liquidations of the Longs in the south. - The Funding rate is very positive in fa...
