# Regular daily update on BTC ta analysts opinions.

![Bildschirmfoto 2018-03-11 um 11.14.53.png](https://steemitimages.com/DQmNkugNo8vvMEgrqg9ZgKenH5A9dSEEsq8XNK8hD6CGzU4/Bildschirmfoto%202018-03-11%20um%2011.14.53.png)

## **My summary - short-term sentiment: bearish ** (last: bearish)
- We turned at 8'900 and it seems we holding. Pathways are not yet decided.
- Two major pathways are seen: either turning from 8'900 area towards 9'300 bouncing within triangle or we correct in waves towards 8'600 - 8'400 (even 8'000 - 7'500 @lordoftruth).

- April was good month for crypto. June is usually also a good month - not as good as April though. Lets see.
![IMAGE 2018-04-08 20:14:56.jpg](https://steemitimages.com/DQmUMkHYsrTnr6C2RtgKPL3KZTHbLA4QRNSA3ftFWhqDYTo/IMAGE%202018-04-08%2020%3A14%3A56.jpg)


## **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](https://steemit.com/bounty/@steem-bounty/how-to-create-a-bounty)


## **Analysts key statements:**
### Tone:
- Weekly: Week started off weak but several days more to go. His best case scenario for the bulls is a correction to 7'600 area and than go up to 10'000.
- Daily: Daily is very indifferent with a lot of flips (TD indicator). No clear trades.

###  @haejin:
So overnight, price decline further down incrementally. The below chart shows an updated Elliott Waves for the subwave of red C. IF the wave 1,2,3 are complete and 4 up is next with a lower low on blue 5.
![Bildschirmfoto 2018-05-02 um 08.56.10.png](https://steemitimages.com/DQmXiSoEydoHAMYF3NYPqRjBoW235U9y5Cbf6xxGCQHnBp3/Bildschirmfoto%202018-05-02%20um%2008.56.10.png)
Alternate update:
![Bildschirmfoto 2018-05-02 um 08.56.43.png](https://steemitimages.com/DQmbDaDv1Pbor1q1TYi9Xdg2vdiraX11zLCqwdm1ZbB3SzP/Bildschirmfoto%202018-05-02%20um%2008.56.43.png)
Bigger picture:
![Bildschirmfoto 2018-05-02 um 08.57.08.png](https://steemitimages.com/DQma1xmgLkjq8b2FQ4sKssPwKTmpya1eq5ik5VVooS1BcsW/Bildschirmfoto%202018-05-02%20um%2008.57.08.png)

###  @ew-and-patterns:
Bitcoin is moving down as expected. The following two pathways will apply:
A:
![Bildschirmfoto 2018-05-01 um 09.34.28.png](https://steemitimages.com/DQmRtHXwK6WhtWuwo5PxnHZMwqxtpfuSHY9McL2ymhLxuV1/Bildschirmfoto%202018-05-01%20um%2009.34.28.png)
B:
![Bildschirmfoto 2018-05-01 um 09.34.35.png](https://steemitimages.com/DQmYdTvNTL4eFjzzBxHMmusxtiJFUdrkD9iaSLG8hUTizNW/Bildschirmfoto%202018-05-01%20um%2009.34.35.png)

###  @lordoftruth:
Outlook stays unchanged; April high 9'767 - correction ahead towards 7'500 - 8'000 (early May) to build iSHS pattern. than move towards 12'400 (5/8 reaction form 6'490).  So the pullback is considered a buying opportunity.
Clear breaking of 9'911 will invalid current scenario.
Todays trend is slightly bearish. Expected trading for today is between 8'350 and 9'384.
![Bildschirmfoto 2018-04-29 um 19.15.46.png](https://steemitimages.com/DQmYmbev7XpnTYVHVNL62XCQXRJ4kjAjXkBKMBx2Hz7ThGX/Bildschirmfoto%202018-04-29%20um%2019.15.46.png)

###  @philakonesteemit: 
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
Bullish scenario got confirmed. Possible further small wave up to come. See bull/bear scenarios below.
![Bildschirmfoto 2018-04-24 um 17.11.45.png](https://steemitimages.com/DQmcUbGcDHdHnhiriRy8k7C2GCd3A2PyAXdzn8VVez37A49/Bildschirmfoto%202018-04-24%20um%2017.11.45.png)

###  @passion-ground: 
It is rather important for me to note that the largest “secular trend” (monthly chart) is turning bearish against a backdrop of the long-term (daily and weekly charts) turning bullish. The battle is on, and a victor is far from being decided at this juncture.
![Bildschirmfoto 2018-05-02 um 09.03.08.png](https://steemitimages.com/DQmYBnutZNhecXyBsxo81M3M5mG4Q5J5X4Lbs3XB8bffBQD/Bildschirmfoto%202018-05-02%20um%2009.03.08.png)

## Summary of targets/support/resistance
![Bildschirmfoto 2018-05-02 um 09.05.53.png](https://steemitimages.com/DQmd5MfTCfCWzZcVkQ1FhqXVGFJwGtSirzAwcTzytfFuDfL/Bildschirmfoto%202018-05-02%20um%2009.05.53.png)

![Bildschirmfoto 2018-03-24 um 17.10.52.png](https://steemitimages.com/DQmfXyfF5JyG4jwVbbypeWaf5J5yC3GSxQYxoRyPVTozbGR/Bildschirmfoto%202018-03-24%20um%2017.10.52.png)

## **Reference table**
analyst | latest content date | link to content for details
------------ | ------------- | ------------- 
[Tone Vays](https://twitter.com/tonevays?lang=en) | 1. May | [here](https://www.youtube.com/watch?v=EoM1TyEtLn0)
[@haejin](https://steemit.com/@haejin) | 1. May | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-morning-update-the-road-not-taken)
[@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 1. May | [here](https://steemit.com/btc/@ew-and-patterns/btc-update-01-05-18)
[@lordoftruth](https://steemit.com/@lordoftruth) | 2. May | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-580-keep-watchful-eye-to-buy-mt-gox-crypto-dip-steem-bounty-reward)
[@philakonesteemit](https://steemit.com/@philakonesteemit) | 24. Apr | [here](https://steemit.com/bitcoin/@philakonesteemit/bitcoin-btc-april-24-technical-analysis-words-of-wisdom-and-advice-woohooo-target-hit)
[@passion-ground](https://steemit.com/@passion-ground) | 2. May | [here](https://steemit.com/btc/@passion-ground/bitcoin-short-term-update-bias-and-key-statement-for-5-1-2018)


## **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.