Bitcoin TA - summary of analysts - 15. Mar 18

in #bitcoin6 years ago

Regular daily update on BTC ta analysts opinions.

Bildschirmfoto 2018-03-11 um 11.14.53.png

My summary - sentiment: bearish (last: neutral)

bears.jpeg

  • We see significant drop looking for new floor. New signs to be evaluated.
  • Most are looking to bounce from the area of 7'500.

News about the blog

  • None

Analysts key statements:

Tone:

  • Daily: We are bouncing and getting at the moment a beautiful reversal candle reversed from strong support. But we need to close like this. It looks promising. Even if we bounce strong his target is only 10'000 and than reevaluate.

@haejin:

The final subwave blue e is likely in progress and could lead to a bull wick.
Bildschirmfoto 2018-03-16 um 00.29.45.png

@ew-and-patterns:

Bear flag was resolved as expected. He sees white wave 3 soon to be completed.
Bildschirmfoto 2018-03-16 um 00.31.06.png

@lordoftruth:

He expects lots of buyers at 7.5-7.6k where he sees the bottom of current move.
Todays trend is bullish. Expected trading for today is between 7'300 and 8'700.

@philakonesteemit:

He has a new steemit account: @philakonesteemit
Bounce target is 8'368. After moving back up he expects another wave down keeping his target of 7'620 - 8'200.
Bildschirmfoto 2018-03-16 um 00.36.04.png

@passion-ground:

His bearish count remains on track. He is looking for signs for an reversal like capture of one or two downside targets, 7609 or 7463, and/or ultimately a retest of the long-term uptrend channel.
Bildschirmfoto 2018-03-16 um 00.38.45.png

Summary of targets/support/resistance

Bildschirmfoto 2018-03-16 um 00.43.22.png

Bildschirmfoto 2018-03-12 um 11.50.03.png

Reference table

analystlatest content datelink to content for details
Tone Vays15. Marhere
@haejin15. Marhere
@ew-and-patterns15. Marhere
@lordoftruth15. Marhere
@philakonesteemit15. Marhere
@passion-ground14. Marhere

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:

*If you like me to add other analysts or add information please let me know in the comments.

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Interesting.....Looks like the sentiment is Bullish long long term according to some of the above mentioned steemians.

I project most likely BTC will pull back from $8.3097 down to around $7,500 to this coming Sunday.

I agree with @ew-and-pattern as shown on his 4 hour chart although our time to get to $7,000 may differ.
What is your projection? Surely, you must have an opinion.

thanks for your analysis that is needed by everyone @famunger

Wow .. Surely, you must have an opinion.

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