BITCOIN – Short-Term Update, Sentiment, & Key Statement for 3-16-2018

in bitcoin •  7 years ago  (edited)

…Key Statement:

We continue to flirt with a “do-or-die-point” relative to BTC marking a “higher” sustainable low above the standing 5920 level. As previously stated, I’ve been looking for such a low to manifest on Friday, March 16, 2016, +/- one day, which means that Saturday the 17th is a plausible hold-out for marking a new marginal low beneath that of the 7682 low that has recently registered. Either that or Thursday the 15th, (or the “Ides’ of March as it were), may have indeed marked the enduring low for this bear market “correction.”

Short-TermBiasTargetSup-1Sup-2Res-1Res-2
@passion-groundBearish7,4637,6827,4308,3668,550

Long -TermBiasLow 2018Target 2018
@passion-groundModerately Bullish5,92012,235 min / 37,419 max

…You Can’t Miss with Swiss-Chris!

Otherwise known as @famunger, Chris puts together a daily recap of all the top technical analysts across STEEMIT, and beyond. He does so in order to provide the community at large with the best possible forecasting guidance relative to the price of BITCOIN, and by default, the balance of the crypto-world at large.

In checking out @famunger’s daily recap, you simply can’t miss! His assessments of all the tenured analysts are akin to getting the very best snapshot of what the near and long-term future is likely to hold for those with a vested interest in BITCOIN and the multitude of coins, tokens, and alternative currencies that BITCOIN clearly paves the way for.

…BTC Update 3-16-18

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BTC - Hourly - 3-16-18.PNG

…Video Update

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I trust that the preceding analysis was generally objective, explicitly actionable and informative, and of relative and meaningful value for all those who perceive such analysis as a backstop to their individual ends.

Until next time,

Peace, Love, and Justice for All

DISCLAIMER: This post and all of the analysis contained herein serves general information purposes only. I am not a registered financial adviser. The material in this post does not constitute any trading or investment advice whatsoever. The trend-following strategies explained herein are for example only, and should not be construed as trading or investment advice in any way. The same thing goes for anyone subscribing to the Long-Term Trend Monitor. The subscription simply shares with subscribers what several automated trend-following systems are doing, and that’s all. The bullish and bearish alerts provided therein are for information purposes only, and they are not to be construed as advice to buy or sell. At the time of this writing, the author does not hold any positions in BITCOIN or any other crypto-currency. Please conduct your own due diligence, and seek counsel from an accredited financial advisor before making any trading or investment decisions. Should you decide to mirror or copy any investment or trading examples from this or any other related source, the decision to do so is entirely your own - as are the inherent risks involved in doing so. I am not responsible for any of your losses. By reading this post, you acknowledge and accept to never hold me accountable for any financial losses. Thank you.

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  ·  7 years ago (edited)

Awesome Voice and TA. Yeah I'm feeling, bearish going down too slowly to get a bounce up, just a slow bleed. Appreciate it man!

You got it, brother... Thank you!

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hi @passion-ground, It's great post bitcoin! I enjoyed your content. Keep up the good work!
It's always nice to see good content here on Steemit! Cheers :)