Bitcoin TA - summary of analysts - 3. Apr 18
bitcoin·@famunger·
0.000 HBDBitcoin TA - summary of analysts - 3. Apr 18
# Regular daily update on BTC ta analysts opinions.  ## **My summary - short-term sentiment: bearish** (last: bearish)  - The current move up was expected by both - the bull and bear analysts. On is thinking of a turning point - the other of a dead cat bounce followed by further selling pressure. - So not too much news here - we need further price action to validate the scenarios. ## **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. - I am traveling at the moment. Expect the timing of the overview to vary in that time frame. - 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: Remains bearish. - Daily: His is expecting 1-4 correction to the upside. His target remains 7'500-7'800. If btc remains more than 4 days bullish he is looking for a target within the apex at around 9'700. Nevertheless he expects us to go down afterwards. ### @haejin: He sees current rise up as confirmation of his white pattern. A beautiful bull wick has formed.  ### @ew-and-patterns: BTCs seems to test new lows. If low does not hold strong we likely see another wave down. Target is than 3'578. He is expecting this move not be an A wave which would lead to B and C (C ending lower than A) but a 2 wave as part of an impulsive move up.  ### @lordoftruth: He expect us to rise to 7'490 and than 8'180 in a bearish market. If we break 8'180 bullish momentum is considered. Todays trend is slightly bearish. Expected trading for today is between 6'600 and 8'180. ### @philakonesteemit:  BTC test major trend line support which is established for month now. The range of 7'500 - 7'700 needs to hold. If we break below he is expecting us to retest 6'000. If support holds he sees a rally up.  ### @passion-ground: He expects a slow shift from bearish to a bullish market. For that we need a series of higher highs and higher lows. For now he remains bearish but "less".  ## Summary of targets/support/resistance   ## **Reference table** analyst | latest content date | link to content for details ------------ | ------------- | ------------- [Tone Vays](https://twitter.com/tonevays?lang=en) | 2. Apr | [here](https://www.youtube.com/watch?v=SDZPAlbLvkw&feature=push-lbss&attr_tag=gM0pxZzznKZbvQF8-6) [@haejin](https://steemit.com/@haejin) | 3. Apr | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-2nd-evening-upate) [@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 1. Apr | [here](https://steemit.com/btc/@ew-and-patterns/btc-update-01-04-18) [@lordoftruth](https://steemit.com/@lordoftruth) | 3. Apr | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-551-bitcoin-advance-due-to-bearish-exhaustion-steem-bounty) [@philakonesteemit](https://steemit.com/@philakonesteemit) | 28. Mar | [here](https://steemit.com/bitcoin/@philakonesteemit/btc-bitcoin-live-stream-march-28-technical-analaysis-bull-and-bear-scenario-we-are-nearing-critical-support-again) [@passion-ground](https://steemit.com/@passion-ground) | 3. Apr | [here](https://steemit.com/bitcoin/@passion-ground/bitcoin-short-term-update-bias-and-key-statement-for-4-3-2018) ## **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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