Bitcoin TA - summary of analysts - 27. Jan 18

Another daily update on BTC ta analysts opinions.

Let me know how you like it in the comments.

analysts key statements:

• Tone: Tone sees the triangle looking at the 4h charts. Apex on 29th. He is indifferent about short term target. Price will move within the triangle. Triangle barriers between 10'200 and 11'700.
  Remarkable: Tone hit quite precisely his target of 10'300 on the 26th (Bullseye).
• @haejin: Triangle apex leads to decision around 6th of Feb. His main scenario remains bearish consolidating to 9'000 and than 8'000 finding a bottom there. Alternation: breakout of a short term triangle which gives positive momentum towards 13'000-13'700. Alternation based on MACD right before a cross signal and previous two fragments of the btc price move.
• @ew-and-patterns: Sees a short term up move towards 13'000. He warns this might be part of a bigger correction. Only if this move is followed by continued bull moves and a retest of the trend line than the trend change is confirmed. He warns about fake breakout.
• @lordoftruth: Future settlement had not made big impact. mixed signals - question which barrier will be breached. Trading between 10'700 and 12'400 expected.

Overall sentiment: bearish
(last: bearish)

Reference table

analyst	lastest content date	link to content for details
Tone Vays	27. Jan	here
@haejin	27. Jan	here
@ew-and-patterns	26. Jan	here
@lordoftruth	27. 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.