Regular daily update on BTC ta analysts opinions.

My summary - short-term sentiment: slightly bearish (last: slightly bearish)

• At the moment we just broke through 7'500.
• The bearish sign are getting stronger - still we have two bullish analysts.

News about the blog

• I am traveling at the moment. Expect the timing of the overview to vary in that time frame.

Analysts key statements:

Tone:

• Weekly: Weekly is bearish. Long term trade on the weekly would be a short with a stop loss at 9'200. If weekly closes below 7'500 he will be very bearish. He gives it a very low probability that we bounce due to several weak signs. He gives it a 8'% chance. The longer we consolidate in the current area the harder the dip will be. If we dip below 7'600 the next support is the next 50 MA at 6'600
• Daily: He wanted another candle with an open and close below the trend line. Now we got that which means for him that the bears have taken over. We got a new swing low close. We are on a 5 of 9 for several more days of downside. We might stay in the 7'500 area for weeks or maybe just until tomorrow. If we drop below 7'500 he is looking for 7'000 moving back up and retesting 7'500 as resistance and than the big drop.

@haejin:

BTC moved sideways. Either this are finishing touches of white abc or another pattern needs to be assessed.

Longer term he sees a bull flag still in play - support trend line needs to hold. He sees that one at 7'200ish.

@ew-and-patterns:

He sees a short term Zig Zag EW pattern forming. If we see lot of upward movement than it could be also wave 3 (yellow). but he warns - this seems to be the calm before the storm. Either we drop to a market cap of 130B or if that is wave 3 the next month are going to be great again.

@lordoftruth:

He sees turning point at area of 7'500 - 7'661. As long as we are not going below 7'260 his bullish scenario remains.
Todays trend is bullish. Expected trading for today is between 7'500 and 8'375.

@philakonesteemit:

BTC test major trend line support which is established for month now. The range of 7'500 - 7'700 needs to hold. If we break below he is expecting us to retest 6'000. If support holds he sees a rally up.

@passion-ground:

He presents us today an alternate count of a 13 month bear market. That ist represented in his monthly chart - see below.
For the short term he sees us testing 7'297.

Summary of targets/support/resistance

Reference table

analyst	latest content date	link to content for details
Tone Vays	29. Mar	here
@haejin	29. Mar	here
@ew-and-patterns	27. Mar	here
@lordoftruth	29. Mar	here
@philakonesteemit	28. Mar	here
@passion-ground	28. Mar	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 / 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
• From @philakonecrypto: Like in every post you find links to his amazing educational videos. For example here
• From @lordoftruth: Fibonacci Retracement
• From @haejin: Elliott Wave Counting Tutorial

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