Bitcoin Market Sentiment on 2018-08-02

in #bitcoin6 years ago (edited)

Steemit Header 2018-08-02.png

Hi everybody!

My goal here is to gauge the current crypto sentiment by following TAs tweets/comments (+ some other sources) and provide data on it. All the information here is for educational purposes only! These numbers aren’t buy/sell signals! Therefore, everything I write here is not financial advice! Please DYOR, trade responsibly and consider your investment decisions carefully!

I’m not here to point out who’s wrong or right, who’s a good or bad Technical Analyst (aka TA).
No one’s always right 100%. Nobody on the list below is a psychic or has a crystal ball (that being said, if there’s a psychic among you who predicts the future and do other awesome stuffs – please contact me ASAP. I want to be your friend 😆).

Some things I’d like to add:

  1. Sure, I could add the detailed analysis done by TAs, but I think many of you will be in "TL;DR" mode instead.
  2. These are just Technical Analysts that I know of. Of course, there are more of them on Twitter / Youtube. Feel free to suggest any other TAs. I’ll review them and maybe post their targets/comments next time.
  3. Some TAs don’t post Bitcoin charts often, so I will probably add or remove some names.
  4. Comment below if you find any mistakes (for example, incorrect info).
  5. If you have any ideas on how to improve the list and make it more interesting – please let me know!
  6. Just in case:
  • T1 means Target #1;
  • T2 = Target #2;
  • T3 = Target #3;
  • ST = Short Term;
  • MT = Medium Term;
  • LT = Long Term;
  • TF - Time Frame;
  • 1SAAT = One Step At A Time. Just means that Bitcoin price prediction is short term only.
  • The information in round brackets is @cryptocoq’s notes.
  • Please keep in mind that ST/MT/LT are all relative terms. Every TA has their own time frame definition. For some people ST can be a few days but for others it can be two weeks, etc.

Enjoy and if you like it, please share and spread the love!

Steemit TA infographic - 2018-08-02.png


Analyst (in no particular order)
Current Sentiment
Target
Comment
TA's TF definition
Trading Room App
refer to the comment →
Buy Bitcoin:

- entry 1 = 7475-7600

- entry 2 = 6850-6995

- entry 3 = 5400-5575

- entry 4 = 4878-4976

Sell Bitcoin if no ETF:

- target 1 = 9179-9359

- target 2 = 12891-13124

- target 3 = 15785-16094
HODL 12-18 months if no ETF

HODL untill 1 trillion MC at least IF & WHEN ETF is approved
LT: >12-18 months
Lisa N Edwards
neutral
refer to the comment →
IF we hold $7500 we are headed to $8888 target. IF not next support is $7200 then $6800. I’d like to lean bull but not looking good. IF levels hold MT 10K+”
TF = 1-2 weeks
Crypto Wendy O
neutral
refer to the comment →
“We have bounced and hit my short term target ~7600 - over the weekend I expect us to consolidate in between 7688-7824 if we continue to be bullish on the weekly we should start to smash resistance levels and hit 8753”
ST = 4-1D

MT = 1D-1W
Tone Vays
bearish
refer to the comment →
12H TF: “Bitcoin is below its support line. The good news is you have support at the 50 MA”

1D TF: “By all metrics the R:R is certainly favour in shorts. 7600 vicinity is incredibly important. I’d be very surprised if Bitcoin doesn’t go back to new lows.”

1W TF: “BTC got rejected by the Death Cross (30 & 50 MA). It looks like the price is ready to reverse all the way to the downside. I never walk away from my 5000 call and probably lower” (he’s still waiting for conformation to be 100% certain)
Cryptonomic
bullish
ST: $8800

MT: 12K

LT: $2000
“Short term expecting a move to around $8800 then a dump to around 7K before a further move towards medium term target at 11-12K”
ST = next week

MT = a few months

LT = 5-6 months
Mr. TA
refer to the comment →
ST: “I expect 7200s to react and a retest of 8500”

LT: 50K
“I think 7200 is very strong and needs to retest to push us higher. I expect 8500 breaks next time and 8900 is also very strong”
ST = next week

MT = 3-6 months

LT = 6+ months
Waves618
bearish
Short position at 8500 with SL at 8700

MT: $4300
“Bearish down-trend indicators held strong (downward Pitchfork and 200 day MA) and the ETF hype provided a classic ‘buy the rumour/sell the news catalayst’”
ST = within a week

MT = up to a month

LT = >1 month
dKrypt.io
overall bullish
$7200-7400
“Looking for 7,2-7,4 before another bullish wave up to 9-10k conservatively, 10-12k ambitiously. From there, another bull wave is possible, but we will ultimately fall back to test 6-8k support in Fall”
ST = days

MT = weeks

LT = Fall
NebraskanGooner
neutral
ST: sideways

MT:11K

LT: $4500 & $3200
ST = 1-7 days

MT = 1 week - 1 month

LT = >1 month
Credible Crypto
bullish
ST: $9000-9400

MT: Bearish until new low is made (< $5800)
“After 9-9.4K is reach expecting another much larger retracement but then one more leg up to 10K levels before we resume our move to sub 5.8K”
ST = 1-2 months

MT = 6 months to a year

LT = >1 year
BitcoinBenjamin (CIM)
refer to the comment →
I’m medium term bullish to 9K-10K max and long term bearish to 3.2K”
ST = 1-7 days

MT = up to 2 months

LT = 2-6 months

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