busyjordy

busyjordy

From what I am seeing we are going for the 50k Bitcoin possibly next year. Let's see

busyjordy

Just for my record - these are all the major crashes BTC had up to 2020

busyjordy

As I see it, the chart is going hand in hand with what I am expecting so far. I slightly changed my targets and no longer expect a down move to the 5k anymore, even the 6k seems a little too far from the current price action, so if we dip to the 7k support, that will be most logical and it's what I expect. 7800 is most likely scenario for me, but even if we dip...

busyjordy

So far we're consolidating in this triangle but at some point we have to break - up or down is still to be revealed... right now the odds are more in favour to the downside, especially if the current pandemic fear increases.

busyjordy

We are finally going above the 50 EMA for the first time in a while. Typically a bullish signal which should see us challenging that 8k resistance level. Let's see how long it will take it this time.

busyjordy Updated 

My EW theory on possible target zones for WRX-BTC pair.

busyjordy Updated 

If this Corona Virus doesn't completely mess up the markets (it already does though) then we should expect the fifth EW to come soon. However, with BTC crashing to sub-6k levels for the first time since last year and dragging the rest of the market down with it, we may not see the 5th EW forming quite as expected, so this scenario here may not really play out. It...

busyjordy

From what I'm seeing we have retraced almost fully now and formed a double bottom in the weekly which could signal the start of its next up-swing, so I am ready.

busyjordy

From what I'm seeing on the daily and the 4-hour (as displayed above) we are forming a rounded bottom which could also turn into a Cup&Handle formation. In both cases it's a bullish signal and it's also supported by an inverted head & shoulders formation. All of this is pointing to an upcoming uptrend move... unless Bitcoin decides to do something sudden and sharp...

busyjordy

Current falling wedge /pendant pattern is giving me a bearish feeling in the short term However, I stay bullish in the long term. Let's see how this plays out.

busyjordy

I'm posting this idea mainly for my own record, COTI-USDT looks bearish to me. This pennant formation usually results in a further drop and with the current global economic threat it will make sense to follow this path in the short term, after which I expect to climb up fast.

busyjordy

With the flash-crash of Bitcoin today and the world stock market as well, we can expect further decline bin the crypto markets which was not what most of us could predict last week but as it seems, this coronavirus pandemic media frenzy is clearly spreading even more FUD amongst investors and traders than the virus itself. With that in mind and by drawing some...

busyjordy

If we are still in the third impulsive wave, I expect it to go way above the 2k sats on the 5th wave before it drops into corrective ABC...will see if I'm right

busyjordy

From what I'm seeing we have started the 5th impulse wave on BNB and I can't be sure of the exact peak but my rough estimate is around 50-60 usd. I am talking longer term of course, this is not a coin I day-trade.

busyjordy

Just keeping a record for research purposes