Bitcoin TA - summary of analysts - 30. Jan 18

Regular daily update on BTC ta analysts opinions.

• I added some charts from Tone as he seems to be not here on steemit to make the information more accessible to you guys.
• Timing wise - I try to post the summary every day between noon and 4 p.m. UTC: +01 dependent on when the analysts post their updates. If find this is a good timing spot as it is morning in the US, Lunch Time in Europe and Evening in Asia. Usually @lordoftruth (update usually early morning) and @ew-and-patterns (usually also morning) have posted their views. Tone is posting to different times as he is traveling a lot - so synching with him won't be possible. @haejin based in US usually has an update before 4 p.m. UTC+01.
  Waiting for an analyst I will make dependent on market situation - is something significantly change to his last update and does it bring a lot of value compared to the opinions of the other analysts?
  It is always a question of finding the balance between delivering information as fast as possible to you and maximum quality and completeness of the information. A judgement call I have to make.

Analysts key statements:

• Tone: Weekly chart stays bearish, daily is looking for another bounce of the 10'000 to confirm the triangle which is more likely to be broken to the downside which he is expecting after one more bounce around the 8th-10th of Feb.
  
  chart from Tone Vays from his video - see link below
  On the 4hourly he sees a short term recovery to 11'400 before going down to the 10'000ish support.
  
  chart from Tone Vays from his video - see link below

• @haejin: no new update today
  Sees three scenarios - sideways triangle with next target 10'890 apex around Feb 1st, 2nd bullish wedging up to 14'500 or third is a bearish wick target 8'000-7'600 apex around the 12th of Feb.

• @ew-and-patterns: Two alternate scenarios emerge. Bearflag which would suggest that bitcoin comes up to 12'300ish and than breaks down to a lower low (7'000er range). Bullish triangle wich suggests a move up to 11'800, coming down back to 11'000 before finally breaking upwards. Weak upside momentum indication looks for another leg down though.

• @lordoftruth: Bullish for today. He is looking for a move towards 12'400. Than it depends if we break through 12'900 or go back down to support level 10'200-10'700.

Overall sentiment: bearish
(last: bearish)

Reference table

analyst	lastest content date	link to content for details
Tone Vays	30. Jan	here
@haejin	29. Jan	here
@ew-and-patterns	30. Jan	here
@lordoftruth	30. Jan	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 / bearish = higher prices more likely)
• target 1 = the next price target an analysts mentions
• bottom = price target analyst mentions as bottom
  Both target are probably short term (so next few days/weeks)
• lower/upper barrier = Most significant barriers mentioned by the analysts. If those are breached a significant move to the upside or downside is expected. It does not mean necessary that the sentiment will change due to that (e.g. if upper resistance is breached it does not mean that we automatically turn bullish).

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