Bitcoin TA - summary of analysts - 22. Mar 18
bitcoin·@famunger·
0.000 HBDBitcoin TA - summary of analysts - 22. Mar 18
# Regular daily update on BTC ta analysts opinions.  ## **My summary - short-term sentiment: slightly bullish** (last: slightly bearish)  - Today we got only three updates. - I general we have no news. Bitcoin is expected to go up - at the moment we are stuck and may correct to 8'600+ before moving up. - Unchanged: Still we need to clear 10'000 downtrend and the previous high of 12'000 to confirm a full blown turn around. ## **News about the blog** - I added a second "support" column in the overview table. It make sense to track that information as well like for the resistance areas. Idea from @passion-ground - I will be traveling again starting Saturday for two weeks. Expect the timing of the overview to vary in that time frame. ## **Analysts key statements:** ### Tone:  - Weekly: Price is back above 9'000 which is good. But still he sees it neutral. - Daily: If we would have close below 7'500 he would have been very bearish. We are now going up very quickly which will delay the death cross (50 / 200 MA). That may lead to update his arrows. We need to break 50 MA which is very important. It still all be a dead cat bounce. - 4hourly: Is flattening out setting up the environment for another move up towards the 200 MA (4 hourly). ### @haejin: He sees another iSHS pattern forming. We are working on the right shoulder. A correction towards 8'500 would be expected here (as mentioned yesterday). If that pattern is confirmed 12'218 is target. MACD is close to a cross - further upside is needed for that - which produces a buy signal.  ### @ew-and-patterns:  He presents an alternate count for awareness reasons. That one has a target for correction wave C of 4'000.  ### @lordoftruth: Bitcoin stuck between 8'600 and 9'260. We need to clear this zone to move further up to 10'150. Several indicators give bearish signs why he is believing a quick pullback towards 8'700. Todays trend is bullish. Expected trading for today is between 8'200 and 10'200. ### @philakonesteemit: He sees resistance between 9'000 and 9'100. If we break above next target is 9'350. If we break below channel support of 8'900 we go down to 8'600-8'750 level. He neutral about those scenarios.  ### @passion-ground:  He sees current move off 7325 as solid. Next resistance to hi is at 9'090. The corrective downward move from 8'718 was rather shallow which is a bullish sign supporting the current momentum. He sees the move up towards 10'400 range. His target and support/resistance remain unchanged.  ## Summary of targets/support/resistance   ## **Reference table** analyst | latest content date | link to content for details ------------ | ------------- | ------------- [Tone Vays](https://twitter.com/tonevays?lang=en) | 21. Mar | [here](https://www.youtube.com/watch?v=M5UbiRv-RtM) [@haejin](https://steemit.com/@haejin) | 22. Mar | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-mid-day-update-bitcoin-misery-index-bmi-flashes-a-buy-signal) [@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 18. Mar | [here](https://steemit.com/btc/@ew-and-patterns/btc-evening-update-18-03-18) [@lordoftruth](https://steemit.com/@lordoftruth) | 22. Mar | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-538-the-balance-of-forces-made-it-stuck) [@philakonesteemit](https://steemit.com/@philakonesteemit) | 22. Mar | [here](https://steemit.com/bitcoin/@philakonesteemit/bitcoin-btc-march-21-evening-update-resistance-met-at-usd9-050-can-we-break-it) [@passion-ground](https://steemit.com/@passion-ground) | 21 Mar | [here](https://steemit.com/bitcoin/@passion-ground/bitcoin-short-term-update-bias-and-key-statement-for-3-20-2018) ## **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](http://www.libertylifetrail.com/education/learntrading/) - From @philakonecrypto: Like in every post you find links to his amazing educational videos. For example [here](https://steemit.com/bitcoin/@philakonecrypto/bitcon-btc-march-1st-technical-analysis-evening-update-target-usd11-065-nailed-what-next) - From @lordoftruth: [Fibonacci Retracement](https://steemit.com/bitcoin/@lordoftruth/fibonacci-retracement-in-trending-market) - From @haejin: [Elliott Wave Counting Tutorial](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-short-term-target-is-usd12-112-to-usd12-306) *If you like me to add other analysts or add information please let me know in the comments.
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