Bitcoin TA - summary of analysts - 26. Mar 18
Regular daily update on BTC ta analysts opinions.
My summary - short-term sentiment: slightly bullish (last: slightly bullish)
- We are going down (again). it seems uptrend line will be retested and with every retest it gets weaker. Lets cross fingers.
- Still most analyst are leaning bullish. I hope them to be true but I wouldn't be surprised if we see 5'000 - 3'000 soon. But that is purely me.
News about the blog
- I am traveling at the moment. Expect the timing of the overview to vary in that time frame.
Analysts key statements:
Tone:
- Weekly: Next week will give us a sign. Need to wait for that.
- Daily: Plays out as expected. If todays candle trades below yesterdays we are bearish. Interesting it will be at the time of the death cross and when we reach support trend line.
@haejin:
He sees MACD still with a buy signal. We are on track of his two scenarios. Last hours point towards the white wave which brings us again in the 7'XXX area before moving up.
@ew-and-patterns:
He sees btc is starting to look really bad again. If not buyers are rushing in soon (which they did in the meanwhile) he sees the WXYX2Z pattern to be completed with a very bearish outlook towards 3'500.
@lordoftruth:
He sees us stuck between 8'200 and 8'700. 8'300 needs to hold to support the break above 8'700 to regain buyers control.
His current bullish scenario still in play and supported by 3 drive buy pattern and and iSHS pattern which wants itself to get completed.
Todays trend is bullish. Expected trading for today is between 8'300 and 9'600.
@philakonesteemit:
A break above 8'750-8'836 will push us up to 9'177. If we trend back to the 8'650 range he sees that a B wave with a target of 8'000-8'250 for wave C
@passion-ground:
He posted his weekly review giving us the big picture. Here is his latest monthly chart with his long term outlook.
He sees us short-term bullish but struggling. Midterm bearish, long term bearish and secular trend remains bullish.
Summary of targets/support/resistance
Reference table
analyst | latest content date | link to content for details |
---|---|---|
Tone Vays | 25. Mar | here |
@haejin | 26. Mar | here |
@ew-and-patterns | 23. Mar | here |
@lordoftruth | 26. Mar | here |
@philakonesteemit | 24. Mar | here |
@passion-ground | 26. Mar | here |
Definition
- light blue highlighted = all content that changed since last update.
- sentiment = how in general the analysts see the current situation (bearish = lower prices more likely / bullish = higher prices more likely)
- target = the next (short term) price target an analysts mentions. This might be next day or in a few days. It might be that an analyst is bullish but sees a short term pull-back so giving nevertheless a lower (short term) target.
- support/res(istance) = Most significant support or resistances mentioned by the analysts. If those are breached a significant move to the upside or downside is expected.
- bottom = -> now renamed and moved to long term table. Low 2018
- low/top 2018 = what is the low or the top expected for 2018?
Further links for educational purposes:
- From @ToneVays: Learning trading
- From @philakonecrypto: Like in every post you find links to his amazing educational videos. For example here
- From @lordoftruth: Fibonacci Retracement
- From @haejin: Elliott Wave Counting Tutorial
*If you like me to add other analysts or add information please let me know in the comments.
thx for the good analysis and news! ...following :)
thanks fir your news
I am not an expert in this field.So these analysis helps me to have an idea about the current situation!Thank you!!
-cheers-
wow..that's really good post.. I like your post to much @famunger thanks for sharing good
post
These are some good aNALYSTS...check out my arbitrage platform guys...Follow me for alerts as well![screenshot-arbiswap.com-2018.02.19-14-10-16red.png](https://steemitimages.com/DQmYkUJw5vs41uCCjbV8AH4eASXn5UMoSZt2HsykeVPS9hq/screenshot-arbiswap.com-2018.02.19-14-10-16red.png)
Nice roundup - I'm edging on the bullish side. I was expecting the dip to fall closer to $7,100 but it got pretty close and I wouldn't risk holding out for another dip now.