Regular daily update on BTC ta analysts opinions.
My summary - short-term sentiment: slightly bullish (last: slightly bullish)
- Loosing strength and going down. It seems we are going to retest the uptrend line.
- Still most analyst are leaning bullish. Time will tell. To be honest I am not so confident here.
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.
:
Smaller iSHS pattern got invalidated. Bigger iSHS is still in play. BTC is going down in another wedge being close to the apex and should break soon.
His primary pathway is shown in picture blow (white line) as he expects that the long term uptrend will prevail.
:
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.
:
He sees us stuck in the swingy zone between 8'375 and 9'260.
He sees 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 8'375 and 9'600.
:
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
:
He sees us stuck in the middle of support and resistance. He needs the bulls to rush in significantly or no momentum
Summary of targets/support/resistance
Reference table
| analyst | latest content date | link to content for details |
|---|---|---|
| Tone Vays | 25. Mar | here |
| @haejin | 25. Mar | here |
| @ew-and-patterns | 23. Mar | here |
| @lordoftruth | 25. Mar | here |
| @philakonesteemit | 24. Mar | here |
| @passion-ground | 25 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
: Like in every post you find links to his amazing educational videos. For example here
- From
- From
*If you like me to add other analysts or add information please let me know in the comments.