Bitcoin TA - summary of analysts - 27. Apr 18
bitcoin·@famunger·
0.000 HBDBitcoin TA - summary of analysts - 27. Apr 18
# Regular daily update on BTC ta analysts opinions.  ## **My summary - short-term sentiment: neutral ** (last: bearish)  - Correction hit 8'650 and now moved back up. Is this a "wave up" before another wave down? Or is the correction over already? Mixed signals from the analysts. - April is used to be a good month for crypto. Lets see how this turns out this time.  ## **News about the blog** - I need to revise my 2018 long term table. I need to add a 2018 and 2019 target an be more precise on the sentiment here. Will do that after I am back in Switzerland. - We lunched the bounty project beta. If you are interested and you like to create a bounty on your own have a look [at this post](https://steemit.com/bounty/@steem-bounty/how-to-create-a-bounty) ## **Analysts key statements:** ### Tone: - Weekly: Week no. 3 of an uptrend. Weekly candle lost all of its gains and several days to go. Lets see how it closes - right now it looks like a reversal candle. - Daily: We have a red 2 below red 1. Which would suggest a short play. Support at 50 MA and setup trend line. ### @haejin: Head & Shoulders fractals seems to be holding. The near vertical rise today has and will likely provide higher highs. This still remains the primary count. However, alternates are important to consider and keep in awareness. This way, one rarely gets broadsided.  Alternate: Red A wave is complete and B could be almost complete. C wave to come with target of 8'400 - This alternate also jives well with the H&S fractal scenario.  ### @ew-and-patterns: Just graphical update - due to lack of his time to comment. Alternate A (bearish):  Alternate B (bullish):  ### @lordoftruth: Rejection from 9'767 pushed the price lower - move tries to form right arm of our reverse H&S pattern.  Clear breaking of 9'911 will invalid current scenario. Todays trend is Slightly bullish. Expected trading for today is between 8'643 and 9'400. ### @philakonesteemit:  Bullish scenario got confirmed. Possible further small wave up to come. See bull/bear scenarios below.  ### @passion-ground:  Though clearly wrong previously as to the level and extent of upside momentum inherent in the recent bullish thrust higher, it now, however, seems that a short-term interim pivot high may have finally established itself. Looking for some further downside from here and then very much counting on another bull run equal to or preferably surpassing the amplitude of the most recent run-up in terms of both time and price.  ## Summary of targets/support/resistance   ## **Reference table** analyst | latest content date | link to content for details ------------ | ------------- | ------------- [Tone Vays](https://twitter.com/tonevays?lang=en) | 26. Apr | [here](https://www.youtube.com/watch?v=zmgZzgrUENU&feature=push-lbss&attr_tag=M351Yxz_hPL5ztrU-6) [@haejin](https://steemit.com/@haejin) | 27. Apr | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-awareness-keeps-the-panic-away) [@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 26. Apr | [here](https://steemit.com/btc/@ew-and-patterns/quick-btc-update-26-04-18) [@lordoftruth](https://steemit.com/@lordoftruth) | 27. Apr | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-575-speculation-and-confusion-steem-bounty-reward) [@philakonesteemit](https://steemit.com/@philakonesteemit) | 24. Apr | [here](https://steemit.com/bitcoin/@philakonesteemit/bitcoin-btc-april-24-technical-analysis-words-of-wisdom-and-advice-woohooo-target-hit) [@passion-ground](https://steemit.com/@passion-ground) | 26. Apr | [here](https://steemit.com/btc/@passion-ground/bitcoin-short-term-update-bias-and-key-statement-for-4-25-2018) ## **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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