Bitcoin TA - summary of analysts - 11. Feb 18
cryptocurrency·@famunger·
0.000 HBDBitcoin TA - summary of analysts - 11. Feb 18
Regular daily update on BTC ta analysts opinions.  **Own comment:** - Now we have totally mixed sentiment - 1x bull, 1x slightly bullish, 1x slightly bearish, 1x bear, 1x neutral. It shows that the market gives a lot of mixed signals and it is hard to make calls - @hefziba commented on yesterdays overview that fact quite perfectly. **Analysts key statements:** - *Tone*: Weekly still looking good. This week needs to close above last week (which was at 7'625) and next week needs close with a higher high than this week. Only than we continue with the bullish momentum. Daily start getting a problem. Usually we should recover stronger and go up to 10'000. There is a danger that we have a 1-4 reversal and than continue the bearish trend (that would be tomorrow) kicking off a countdown to 13. 4hourly - we fall below the 50MA - which is bad. We need a close over 9'400. - @haejin: Breakout of the wedge is still intact. The support of the former resistance of the wedge now needs to hold (which is around 8'000) otherwise alternate comes into play and could lead towards the 5'200. The upper barrier is at 9'451. - @ew-and-patterns: See strength in bitcoin - bottom might be in. He turns from bearish to neutral. He sees wave b completed - wave C towards 10'000 ongoing (target until Friday). - @lordoftruth: He needs btc to take the resistance at 9'400 and than the 10'700 level. After that bulls will be dominating the market. Today trading expected between 7'900 and 9'300. - @philakonecrypto: He has a very short term trading focus presented in his video. He is looking btc to go down to 7'870 short term (bullseye). Might even go down to 7'670. Than new evaluation need to be done. **Overall sentiment: mixed** (last: slightly bearish)    **Reference table** analyst | latest content date | link to content for details ------------ | ------------- | ------------- [Tone Vays](https://twitter.com/tonevays?lang=en) | 11. Feb | [here](https://www.youtube.com/watch?v=XByenzMBsIo) [@haejin](https://steemit.com/@haejin) | 11. Feb | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-short-term-and-a-viable-alternate) [@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 11. Feb | [here](https://steemit.com/btc/@ew-and-patterns/btc-update-11-02-18) [@lordoftruth](https://steemit.com/@lordoftruth) | 11. Feb | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-11-02-2018-the-grandfather) [@philakonecrypto](https://steemit.com/bitcoin/@philakonecrypto/bitcoin-btc-quick-summary-of-our-play-feb-6) | 11. Feb | [here](https://steemit.com/bitcoin/@philakonecrypto/bitcoin-feb-11-ta-evening-update-tutorial-19-elliot-wave-fibonnaci-retracement-and-extension) **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 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.
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