# 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 are holding above 9'000 area.
- Are we able to pick up steam here to go into the 6 digit numbers or do we need a correction first?
- Key area is the range of 9'750 - 9'990. If we break through that more upside is expected. If not we likely see a correction before moving up again.


- April is used to be a good month for crypto. Lets see how this turns out this time: This seems to be confirmed also for 2018. 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 fairly strong. Clearly broke the trend line and got away from 50 MA. He is not yet turning neutral but is close to. Because we had a few weeks a similar move from 6'000 to 12'000 100% up and than back to 6'500 50% down. So we need to be above 12'000.
- Daily: Big down day looked very bearish and he expected to go down to 50 MA but we didn't. We are facing another death cross (128/200). Stagnated near the top.

###  @haejin:
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
If Impulse count as shown below is correct then it would probably look like the below chart. Blue wave 3 needs to put in a higher high soon. That higher high needs to be above 9'750.
![Bildschirmfoto 2018-04-29 um 19.03.00.png](https://steemitimages.com/DQmNWbFymBKG4DTrWKThMbXqUL25g6fdwLDR3XPnokTojhJ/Bildschirmfoto%202018-04-29%20um%2019.03.00.png)
Alternate count is upward pointing wedge (abcde). Last wave e towards 9'700. 
![Bildschirmfoto 2018-04-29 um 19.06.04.png](https://steemitimages.com/DQmVnAsYueGce2Pi4Rrwdz46tDL7G5hs8Ajp7VWhcthbdp3/Bildschirmfoto%202018-04-29%20um%2019.06.04.png)
If we get higher high then probable pathway leans towards A) if there is a lower high then the ABC red looks likely.
50:50 chance here.

###  @ew-and-patterns:
![nonews.jpg](https://steemitimages.com/DQmW7s2XQyYwfPqVkG9KETUre5qNPNy4MBRVpQYgRVAXbNL/nonews.jpg)
He expects wave 4 to be done in 1-2 days.
Either we are looking at ABC correction or triangle like this:
A)
![Bildschirmfoto 2018-04-29 um 19.09.32.png](https://steemitimages.com/DQmbR11JEbjaDKtgMn7HpMph8mibJfNooeYtUMapjqTr6dY/Bildschirmfoto%202018-04-29%20um%2019.09.32.png)
B)
![Bildschirmfoto 2018-04-29 um 19.09.46.png](https://steemitimages.com/DQmRe7urye2Jyf44SnEDtEMVqNCXUHrmRUn3SbNetrKUgng/Bildschirmfoto%202018-04-29%20um%2019.09.46.png)

###  @lordoftruth:
Move up slowed down considerably. He is convinced that the correction towards 7'500 - 8'000 will start in a couple of days supported by RSI (verge of overbought).
So 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). 
Clear breaking of 9'911 will invalid current scenario.
Todays trend is slightly bearish. Expected trading for today is between 8'750 and 9'911.
![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: 
The upward trend in BTC, albeit tempered in comparison to past run-up north of 11k, is nonetheless bullish in his view. He expects a correction towards 8'366 before moving up.
![Bildschirmfoto 2018-04-30 um 11.44.53.png](https://steemitimages.com/DQmSqBbrXZT6jHZZE6E4XrtV2tHFGnSdqBgZZisqAnnHfzJ/Bildschirmfoto%202018-04-30%20um%2011.44.53.png)

## Summary of targets/support/resistance
![Bildschirmfoto 2018-04-30 um 11.46.09.png](https://steemitimages.com/DQmRvBRH17DzKNaEqZk1uXdnCXffTkGcBAkgV9NKbUSUdQh/Bildschirmfoto%202018-04-30%20um%2011.46.09.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) | 29. Apr | [here](https://www.youtube.com/watch?v=1BnjhXPZEB8)
[@haejin](https://steemit.com/@haejin) | 29. Apr | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-morning-update-a-50-50-outlook)
[@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 29. Apr | [here](https://steemit.com/btc/@ew-and-patterns/quick-btc-update-29-04-18)
[@lordoftruth](https://steemit.com/@lordoftruth) | 30. Apr | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-series-ep-578-the-direction-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) | 30. Apr | [here](https://steemit.com/btc/@passion-ground/bitcoin-weekly-wrap-up-and-long-term-overview-april-29-2018)


## **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.