Regular daily update on BTC ta analysts opinions.
- I added some charts from Tone as he seems to be not here on steemit to make the information more accessible to you guys.
- Timing wise - I try to post the summary every day between noon and 4 p.m. UTC: +01 dependent on when the analysts post their updates. If find this is a good timing spot as it is morning in the US, Lunch Time in Europe and Evening in Asia. Usually
(update usually early morning) and
(usually also morning) have posted their views. Tone is posting to different times as he is traveling a lot - so synching with him won't be possible.
based in US usually has an update before 4 p.m. UTC+01.
Waiting for an analyst I will make dependent on market situation - is something significantly change to his last update and does it bring a lot of value compared to the opinions of the other analysts?
It is always a question of finding the balance between delivering information as fast as possible to you and maximum quality and completeness of the information. A judgement call I have to make.
Analysts key statements:
Tone: Weekly chart stays bearish, daily is looking for another bounce of the 10'000 to confirm the triangle which is more likely to be broken to the downside which he is expecting after one more bounce around the 8th-10th of Feb.
chart from Tone Vays from his video - see link below
On the 4hourly he sees a short term recovery to 11'400 before going down to the 10'000ish support.
chart from Tone Vays from his video - see link below
Sees three scenarios - sideways triangle with next target 10'890 apex around Feb 1st, 2nd bullish wedging up to 14'500 or third is a bearish wick target 8'000-7'600 apex around the 12th of Feb.
Overall sentiment: bearish
(last: bearish)
Reference table
| analyst | lastest content date | link to content for details |
|---|---|---|
| Tone Vays | 30. Jan | here |
| @haejin | 29. Jan | here |
| @ew-and-patterns | 30. Jan | here |
| @lordoftruth | 30. Jan | 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 / bearish = higher prices more likely)
- target 1 = the next price target an analysts mentions
- bottom = price target analyst mentions as bottom
Both target are probably short term (so next few days/weeks) - lower/upper barrier = Most significant barriers mentioned by the analysts. If those are breached a significant move to the upside or downside is expected. It does not mean necessary that the sentiment will change due to that (e.g. if upper resistance is breached it does not mean that we automatically turn bullish).
If you like me to add other analysts or add information please let me know in the comments.