Bitcoin TA - summary of analysts - 30. Mar 18
bitcoin·@famunger·
0.000 HBDBitcoin TA - summary of analysts - 30. Mar 18
# Regular daily update on BTC ta analysts opinions.  ## **My summary - short-term sentiment: slightly bearish** (last: slightly bearish)  - We broke all significant support lines. Also "phase 3 hyperwave" which gives strong baerish signs. - We only have one more analyst keeping slightly bullish scenarios. But it seems we are looking for new lows and maybe a longer bear market. ## **News about the blog** - I am traveling at the moment. Expect the timing of the overview to vary in that time frame. ## **Analysts key statements:** ### Tone: - Weekly: Weekly is very bearish. Only support is the 50 MA weekly at 6'570. - Daily: Is really looking bad. He is not seeing us above 8'000 in the foreseeable future. Only "light" is that in 72 hours we get a "9" but it doesn't feel this will be a reversal 9 but a continuation 9. Everything looks like we are going down. Targets of 3'900 are discussed. His highest probable target (20%) is at 1'300. ### @haejin: He sees current pattern equal to last one. He is expecting the trend line to hold. If pierced than only short term as a bull wick.  Either the support or the resistance has to be broken. He leans bullish.  ### @ew-and-patterns:  He sees a short term Zig Zag EW pattern forming. If we see lot of upward movement than it could be also wave 3 (yellow). but he warns - this seems to be the calm before the storm. Either we drop to a market cap of 130B or if that is wave 3 the next month are going to be great again.  ### @lordoftruth: He sees us now in the danger zone. 50 MA will cross 200 MA which indicates long term bear market. As mentioned his bullish scenario is out of play since we dropped below 7'240 which we did yesterday. He sees bearish momentum dominating until 9'260 is broken (200 MA). He expects a "dead cat bounce" up to the former support now resistance of 7'320 or 7'490. After that a real drop to 6'000. Todays trend is bullish. Expected trading for today is between 7'500 and 8'375. ### @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 presents us today an alternate count of a 13 month bear market. That ist represented in his monthly chart - see below. For the short term he sees us testing 7'297.  ## Summary of targets/support/resistance   ## **Reference table** analyst | latest content date | link to content for details ------------ | ------------- | ------------- [Tone Vays](https://twitter.com/tonevays?lang=en) | 30. Mar | [here](https://www.youtube.com/watch?v=EO8Ts50P_5s) [@haejin](https://steemit.com/@haejin) | 30. Mar | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-mosquito-fractals) [@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 27. Mar | [here](https://steemit.com/btc/@ew-and-patterns/btc-update-27-03-18) [@lordoftruth](https://steemit.com/@lordoftruth) | 30. Mar | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-547-the-danger-zone) [@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) | 28. Mar | [here](https://steemit.com/bitcoin/@passion-ground/bitcoin-pre-holiday-special-update-bias-and-key-statement-for-3-27-2018) ## **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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