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RE: Bitcoin TA - summary of analysts - 11. Feb 18

in #cryptocurrency7 years ago

Hi @cryptodog - thank you for being so active and trying to help that we have most accurate numbers in this overview. That is highly appreciated.

I do have all my information from analyzing the posts / videos of the analysts. I watch videos with focus of the essential jumping the introduction and other non btc related infos. That is necessary as creating this post daily consumes already a lot of time - that said it might lead to me missing some information.

But coming back to Tone - I just rechecked. He said that we get a problem if we close below last weeks low and that is 7'625. In his video at 5:45. I did not mention that he meant above last weeks low so I am going to add that.

I am not saying he is bullish yet (see also table) but he was yesterday very happy with weeks candle (looked like a hammer) and turned today to a doji which is stated is still ok as long as the two prerequisites are met.

Your other comments I think we are just coming from different angles. Yes he mentioned several "dark clouds" but to me he is in the mode of looking for confirmation if the bottom is in or not. And I thought I stated several of the things you commented mentioning daily is becoming a problem and that we should recover faster and need a close over 9'400.
That is always a problem of an overview - it loses in comparison to the original.
What would you like to see so that things are more precise?

Regarding analysts precision I am trying to evaluate if they are right or wrong. So far I have no great metric to be honest. Only so far: i have tried to monitor their targets they are mentioning and which I add into my table. And the hit rate is very similar with all analysts so far. But that said - phil made much more calls which were intraday - those calls not fitting my daily overview well as they are already history when I do my post )so never become a target in my table). And also some analyst make more long term calls which seem to me more difficult (at least they are something completely different). So at the end it is very difficult to judge.

But as I said due to my tables and the blue marking of changes you see how often an analyst is changing his targets. It is up to you how you judge that.