busyj0rdy

busyj0rdy

Bitcoin is testing the current support at its 50 EMA which is usually a healthy pullback during bull rallies. However, this is not a very strong support right now, given that the volume is not kicking-in. A failure to hold this level will send it easily to lower support and into my buy zone (marked with the red field). Watching closely if price will bounce from...

busyj0rdy

We're printing an ascending triangle on the daily, which is not a bullish pattern. I see a possible pullback to the lower 90k zone and (ideally) around 87-88k support. However, the FOMO is still ongoing, so we could first make another push on the upside and after that make a correction, which could change my target zones. Watch closely the PA and the volume....

busyj0rdy

We just completed a third market correction in BTC for this bull cycle. Seems it's the new norm. Used to have 30-40% corrections before the ETFs launched. Now we're lucky to get even 22%, but that's fine. A short-term dip can present the buy opportunity that many need right now, those who were sitting on the fence, hoping for a drop to the 50k region. They better...

busyj0rdy

Looking at the price action in SOL, it seems to me that the rally is coming to an end (for now) in the short term. Price-volume and Price-RSI are both in bearish divergence so I'm expecting a pullback and correction very soon. It's imminent.

busyj0rdy

BSV seems to be coming out of its "Capitulation" phase at last. It is on the brink of breaking out in the aftermath of this cup and handle formation that it's printing in the BSV/BTC pair and I feel that a huge pump is due in the near future, which makes this a great accumulation zone for me. This is a projection for the next 3-6 months, not an immediate pump, but...

busyj0rdy

We just broke out of the wedge pattern we were forming over the last few days and I see a bullish scenario forming. This is a breakout that was expected, now I feel we need to correct a little, test the support and then do another leg up. This should play out in the next few days, taking us to the end of the month.

busyj0rdy

As soon as we break out, I expect to challenge the 2100 level, then a short consolidation period, followed by another push to the second target and in the longer term, targets 3 and 4 are due. These are determined by Fib levels from the latest correction we experienced.