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Bitcoin TA - summary of analysts - 9. Mar 18 by famunger

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· @famunger ·
$43.24
Bitcoin TA - summary of analysts - 9. Mar 18
Regular daily update on BTC ta analysts opinions.

![Bildschirmfoto 2018-02-01 um 12.02.42.png](https://steemitimages.com/DQmT9GD7QTSLLhiQ3yMueVZzNepswm7DBJuEQYc1ShdQ3ua/Bildschirmfoto%202018-02-01%20um%2012.02.42.png)

**Own comment:**
- In the morning I though I need to look again for the blood bath picture and that would have been a shift from "slightly bullish" to "blood bath" . But it seems that most analysts are still ok with the current dip seeing it as the C wave completion.
- Only Tone is getting worried and leans now toward a bearish scenario and if he is right that will be really ugly with new lows at 5'000 and below.
- **Guys: We are at the edge again even though we all hope to be out of the woods.** The next days will bring truth.




**Analysts key statements:**
- *Tone*: Weekly: starts looking really nasty. needs to pull back up. If weekly closes where it is today everything is in danger.
Daily: He was looking for a 1-4 day pull back but not that significant. That is more a full blown downtrend. The only thing we can hope for is that the current candle gets a reversal doji - if not we have not much support left and we are in deep trouble.
If 7'500 support is broken he sees us going to 5'000.
- @haejin: He sees an ABC pattern ongoing which fits into the iSHS pattern he is expecting. So we should see soon bullish momentum kick in.
![Bildschirmfoto 2018-03-09 um 12.42.07.png](https://steemitimages.com/DQmRkvy4L3RZNt6fr8NrZWEBw1uRaHZjFpAHXg2UWfa4nS1/Bildschirmfoto%202018-03-09%20um%2012.42.07.png)
- @ew-and-patterns: He posted several updates over the day to help us understand current move. That was highly appreciated. He sees that the bottom of current correction is likely in @8'360. The current drop he sees as part of wave C which is completed and now let us continue the bull momentum.
![Bildschirmfoto 2018-03-09 um 12.49.09.png](https://steemitimages.com/DQmVbuPqenkWeceFXK7J9tihnZdWZkEWdARgRxR8XiNrkCD/Bildschirmfoto%202018-03-09%20um%2012.49.09.png)
- @lordoftruth: He is expecting that we decline more into 8'500-8'000 area. As long as we stay above 8'000 trend is slightly bullish and the inverted SHS pattern is in play. If we go below 8'000 we see 6'100 next. Expected trading for today is between 8'000 and 9'700.
- @philakonecrypto: - His video is from the time bitcoin at 9'300 - He is in general looking there for confirmation of either way (bull / bear) being neutral.

**Overall sentiment: slightly bullish** 
(last: slightly bullish)
![stock-market-300x203.jpg](https://steemitimages.com/DQmPkpScHZ2fyQJ3LBZZPM6cwkLpmKhkvp1MoFkkiR6S1Yf/stock-market-300x203.jpg)

![Bildschirmfoto 2018-03-09 um 12.56.37.png](https://steemitimages.com/DQmU7ugHDCN4LtZQ6GhgFy4wSJ3kKowgPqmK6dWKXBTrTqY/Bildschirmfoto%202018-03-09%20um%2012.56.37.png)


![Bildschirmfoto 2018-02-07 um 17.04.01.png](https://steemitimages.com/DQmYg559Rmzte96mBorQxCP4o1Cy4HNskKWaFKWs8a7dVv4/Bildschirmfoto%202018-02-07%20um%2017.04.01.png)

**Reference table**
analyst | latest content date | link to content for details
------------ | ------------- | ------------- 
[Tone Vays](https://twitter.com/tonevays?lang=en) | 9. Mar | [here](https://www.youtube.com/watch?v=8git0QFP-fY)
[@haejin](https://steemit.com/@haejin) | 9. Mar | [here](https://steemit.com/bitcoin/@haejin/bitcoin-btc-evening-update-the-inverted-head-and-shoulders-still-valid)
[@ew-and-patterns](https://steemit.com/@ew-and-patterns) | 8. Mar | [here](https://steemit.com/btc/@ew-and-patterns/quick-btc-update-08-03-18)
[@lordoftruth](https://steemit.com/@lordoftruth) | 9. Mar | [here](https://steemit.com/bitcoin/@lordoftruth/bitcoin-trend-no-521-drop-towards-8-50k-8-00k-zone)
[@philakonecrypto](https://steemit.com/@philakonecrypto) | 9. Mar | [here](https://www.youtube.com/watch?v=5uaGKBp1gpc)

**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 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).


**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.
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 6 others
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vote details (70)
@frmn ·
I like your posts, Thanks for sharing it About that
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@lavidaesunviaje ·
I just hope for steem to go up... Is the only coin that is actually making something interesting for a lot of people... at least the only one I know... :)
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@lordoftruth · (edited)
$0.84
No blood bath ..
The correction was over ..
And as we said the decline to 8.5K- 8.1K was followed by strong rejection to the upside..
And as you see the price around 9K..
The trend is slighty bullish and we need the close the week above 9.2K and most likely will be.
👍  , , , , ,
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@rhema2017 · (edited)
https://twitter.com/twitter/statuses/972066152687001600
Thank you.
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@twitterbot ·
### ![MariOmega1960](https://pbs.twimg.com/profile_images/968151720181235712/U5m5y5E4_normal.jpg) **[Mari OC](https://twitter.com/@MariOmega1960/status/972066152687001600)** tweeted @ 09 Mar 2018 - 11:06 UTC

> @PhilakoneCrypto As Steem & Bitcoin Starts Falling... Try Not To Have A Panic Attack & Hyperventilate Like Sheldon!😂 https://t.co/3EMrVNgS4u


###### *Disclaimer: I am just a bot trying to be helpful.*
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@steemit.love.you ·
like your posts Thanks for sharing it About that,,
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