# 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: slightly bearish ** (last: bearish)
- Breakout came to a halt. Still a pull back is on the table to retest the hands of those who bought up in the run.
- If we break 10'000 there is probably a run up to 11'250.

- 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: Looks more and more bullish and Tone refuses to believe it. He needs to be proven otherwise by breaking 12'000 resistance.
- Daily: If we break 10'000 - retest of 50 MA would be good to be sure that people who bought in the run up are strong hands not panik easily.

###  @haejin:
Bitcoin broke out of triangle and completed fractal for the third time. 
![Bildschirmfoto 2018-05-04 um 09.01.57.png](https://steemitimages.com/DQmWsh2TYQBNFPayFR9x6sjBzdKBArVAsYRBA63xZsQsEY4/Bildschirmfoto%202018-05-04%20um%2009.01.57.png)
He expects the waves play out as follows. Target of wave 3 is 11'250.
![Bildschirmfoto 2018-05-04 um 09.02.26.png](https://steemitimages.com/DQmf9G1a1UdZgGCGqn9o8pcxTXLvMcs9khKprLREDZzZiDj/Bildschirmfoto%202018-05-04%20um%2009.02.26.png)

###  @ew-and-patterns:
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
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:
Double top around 9.875K on H4 support his pull back scenario towards 8'357 ( Early May ) area to build our Inverted Head & Shoulders Pattern before the continuation of the bull trend towards 12'400 ( Early June ) and only clear break or close above 9'911 will cancel our scenario. 
Todays trend is slightly bearish. Expected trading for today is between 8'643 and 9'875.


###  @philakonesteemit: 
Bearish view:
![Bildschirmfoto 2018-05-04 um 09.28.51.png](https://steemitimages.com/DQmT5vWdWQJtJQTDLUTbNGNUcfEMoMHvbMhfrcbPTfCDtSA/Bildschirmfoto%202018-05-04%20um%2009.28.51.png)
Bullish:
![Bildschirmfoto 2018-05-04 um 09.29.49.png](https://steemitimages.com/DQmaZN75dyswbd4vg53anFwcGijrrperRuhJsu3YZzpjstR/Bildschirmfoto%202018-05-04%20um%2009.29.49.png)
Important to watch break above 9'779 could signal rally towards 11'500. Bounce of short term uptrend at around 9'100 invalidates bearish view.

###  @passion-ground: 
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
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 2018-05-04 um 09.38.49.png](https://steemitimages.com/DQmWQDZstH5Np23Qtu23Jcvg8sx4vfAU75qGWw19gQ4nrDr/Bildschirmfoto%202018-05-04%20um%2009.38.49.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) | 03. May | [here](https://www.youtube.com/watch?v=7U2odQEXCYY)
[@haejin](https://steemit.com/@haejin) | 04. May | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-short-term-jives-with-the-longer-term)
[@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 01. May | [here](https://steemit.com/btc/@ew-and-patterns/btc-update-01-05-18)
[@lordoftruth](https://steemit.com/@lordoftruth) | 04. May | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-582-bitcoin-ship-is-sailing-in-rough-seas-steem-bounty-reward)
[@philakonesteemit](https://steemit.com/@philakonesteemit) | 04. May | [here](https://steemit.com/bitcoin/@philakonesteemit/bitcoin-btc-may-3rd-technical-analysis-woohoo-double-top-or-ascending-triangle)
[@passion-ground](https://steemit.com/@passion-ground) | 02. 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.