Regular daily update on BTC ta analysts opinions.

My summary - short-term sentiment: bullish (last: bullish)

• The interesting support to watch seems to be 7'800 and 7'500 while 8'450 and 8'650 seem to be the interesting resistances. Either of those needs to be taken to get next signals.

• 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

Analysts key statements:

Tone:

• Weekly: We are on a price flip. We might go above trendline but until we do he stays bearish.
• Daily: Daily looks bearish until candle goes over swing high (8'415).
  

@haejin:

Bitcoin (BTC) is likely putting in an ABC ZigZag correction after putting in the white five wave impulse. Elliott Waves states that after a five wave motive, there is a requisite correction. The chart below shows that the first wave decline was in five wave steps (red). Whenever there are five waves at the onset of a correction, it's likely an indication for a ZigZag ABC correction type.

@ew-and-patterns:

Has an update of his count - with this new one current drop blends in perfectly.

@lordoftruth:

Bitcoin continues to rise gradually to 8'640 supported by EMA50, RSI, Stochastic and Oscillator. But 8'640 will be monster resistance and difficult to clear. Therefore he still sees short-term bearish risks and drop to 7'550 still expected before continuation of bull run.
Todays trend is slightly bullish. Expected trading for today is between 7'550 and 8'640.

@philakonesteemit:

Two Elliot Wave counts are on the table. An alternate was provided because we are currently seeing bulls defend the 7'800-8'000 range. Main is invalidated if bull break 8'458. If we break below 7'800 main count is confirmed and we see 7'400-7'600.
Main:

Alternate:

@passion-ground:

BTC has breached horizontal range to the downside turning his short term bias bearish with price target 7'423. Thereafter he would like to see strong bullish move.

Summary of targets/support/resistance

Reference table

analyst	latest content date	link to content for details
Tone Vays	19. Apr	here
@haejin	18. Apr	here
@ew-and-patterns	17. Apr	here
@lordoftruth	19. Apr	here
@philakonesteemit	19. Apr	here
@passion-ground	18. Apr	here

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
• From @philakonecrypto: Like in every post you find links to his amazing educational videos. For example here
• From @lordoftruth: Fibonacci Retracement
• From @haejin: Elliott Wave Counting Tutorial

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