Bitcoin TA - summary of analysts - 18. Feb 18
cryptocurrency·@famunger·
0.000 HBDBitcoin TA - summary of analysts - 18. Feb 18
Regular daily update on BTC ta analysts opinions.  **Own comment:** - We found a top at 11'300 and than went down as expected by most analysts towards 10'000. 10'153 turned as around already and we are back on the move up. If that was already the correction according to the interpretation of the analysts we confirmed bullish move and move up towards 11'500. **Analysts key statements:** - *Tone*: **he hit upper barrier perfectly (bullseye) - no update today** On the weekly he very much liked the current week candle. the significant large candle after the last week reverse candle confirms bullish momentum. Although to get green we need to close above 11'558 this week (tomorrow). Daily - the possible "9" (see comment yesterday) seems of the table and the current count seems legitimate. At 11'000 - 11'300 he sees another big resistance - MA50, fibonacci and another resistance line coming here together. - @haejin: Price prieced upper channel at 11'170 but came back. If price goes below 10'885 (which happened already) the current count gets invalidated. If decline continues larger degree wave 4 is on its way towards lower line of the channel. - @ew-and-patterns: Bitcoin has started what looks like a bigger correction. The target for that correction is 10'000 to 9'400. If we don't turn there we probably see a large crash which could bring us to a new low (15% probability). We should now when we come to the first correction target. - @lordoftruth: Expected trading for today 9'000 - 11'500. We probably see correction towards 10'000 and than back-up to 11'500. Short term bullish. - @philakonecrypto: Short term top is likely between 11'000 and 11'250 (bullseye!). Short term correction expected to go to 9'074 - 10'300. That support levels needs to hold - otherwise it would be considered an impulse wave failure and a WXYZ correction begins.  **Overall sentiment: bullish** (last: bullish)    **Reference table** analyst | latest content date | link to content for details ------------ | ------------- | ------------- [Tone Vays](https://twitter.com/tonevays?lang=en) | 17. Feb | [here](https://www.youtube.com/watch?v=aPRY0p8CfwA) [@haejin](https://steemit.com/@haejin) | 18. Feb | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-wave-3-could-be-complete) [@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 18. Feb | [here](https://steemit.com/btc/@ew-and-patterns/btc-update-18-02-18) [@lordoftruth](https://steemit.com/@lordoftruth) | 18. Feb | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-natural-rollback-to-10k) [@philakonecrypto](https://steemit.com/@philakonecrypto) | 18. Feb | [here](https://steemit.com/bitcoin/@philakonecrypto/bitcoin-btc-feb-17-detailed-technical-analysis-is-the-top-near-till-correction-let-s-argue-cases#comments) **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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