Regular daily update on BTC ta analysts opinions.
Content outlook:
- I decided to limit the main analysts to 5 due to time constraints (may change in future if I see that I can handled it. At the moment every analyst takes me about 10-25 Minutes - reading/watching videos thoroughly, extracting a summary etc.)
To decide who gets the fifth spot I will open a thread on which the analysts can apply for the last position. More to come as soon as I have thought this through. - I may also add more than the 5 analysts in the future but than with just a general outlook of their view or maybe with an update only on a weekly basis. Have to think about that a bit more.
Analysts key statements:
- Tone: No update till now. old comment
MACD is crawling up which is positive but the RSI never went to oversold which indicates the whole move has not bottomed out. First resistance to take is at 11'700/11'900. Tone sees a pullback to 11'200 followed by an increase to testing next barrier 12'800.
The current triangle (daily) remembers him about the one in 2014 which ended into a bear market. At that time market corrected - went up 100% and than came into this triangle and broke down below. - @haejin: Sees three scenarios - sideways triangle with next target 10'890 apex around Feb 1st, 2nd bullish wedging up to 14'500 or third is a bearish wick target 8'000-7'600 apex around the 12th of Feb.
- @ew-and-patterns: Wave 3 move upwards was shorter than expected (target 12'800, actual top 11'977). Therefore Wave 5 (after Wave 4 pullback) was adapted (shorter) to 13'000ish. This is still followed by a sharp correction towards 7'500 and lower.
- @lordoftruth: Bullish for today. MACD 4h, RSI and EMA50 supporting. Futures indicate a strong rebound. Strong support has formed at 10'200.
Overall sentiment: bearish
(last: bearish)
Reference table
| analyst | lastest content date | link to content for details |
|---|---|---|
| Tone Vays | 28. Jan | here |
| @haejin | 29. Jan | here |
| @ew-and-patterns | 29. Jan | here |
| @lordoftruth | 29. Jan | 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 / bearish = 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).
If you like me to add other analysts or add information please let me know in the comments.
thanks for this news article it's informative for me
^^
great analysis on bitcoin,very good job,thanks for share
Thanks as always for this update @famunger. You'll have my support on this series for the who duration of it, it's an excellent idea. I'd still love to talk more if you are available, about some passive income projects that may interest you!
Thanks again for this update, I've been playing around with the figures from each T.A. in this post and applying them to some of my own T.A. for comparison, so it's really helpful as always. I would really appreciate any feedback you have on my latest series - it's not my usual series, but I'll be back reviewing a new cryptocurrency every day in a few days, as well as revealing a few more passive income cryptocurrencies.
I think is so hard to can handle mre than 5
This is need a lot of time
Thanks for hard work
Thanks for understanding the effort behind it. It is really taking more time than I thought to put everything together. Of course I have to keep myself updated on the market anyway but to summarize and putting everything together is quite an add-on. But as long as it brings value to fellow steemians I am fine.
You doing great..
What you do is so hard and I hope your work will be appreciated from others as I do..
Keep the good work..
To be honest, I start to get tired as I spent a lot of my time to update bitcoin trend, brief market and the syrian war and as I see my work is not supported well by readers..
Anyway I will keep blogging beside my activity as day trader ( hopping my 58 years old and my healthy helping me to continue ) to can help others..
Thanks for support..
Wish you a great day..
excelente trabajo....se nota que el esfuerzo es grande ...el publico ..incluyendome estara pendiente de tus articulos...