…Key Statement:
We are getting quite close to a “do-or-die-point” relative to BTC marking a “higher” sustainable low above the standing 5920 level. I’m looking for such a low to manifest on Friday, March 16, 2016, +/- one day.
Perhaps the “Luck of the Irish” on Saint Patty’s Day, the 17th of March, may likely set the stage for such a sustainable rally. We’ll just have to wait and see what the price action holds as we go forward in time.
As mentioned in the current video, as well as in the text within this post, one simply can’t go wrong in keeping abreast of “Swiss-Chris” – or @famunger as he is otherwise known.
In the very same way that I sense that @famunger has his finger on the collective pulse of analysts here on STEEMIT, I also, (biased as I am) consider my short and long-term analysis to be the most detailed and concise amongst the tenured analysts that “Swiss-Chris” has thus far chosen to follow and track.
At the end of the day, however, bots and questionable voting schemes aside, it is up to each and every individual to ultimately determine the efficacy, integrity, detail, and accuracy of each of the analysts under the esteemed radar of the most revered summaries of, @famunger.
| Short-Term | Bias | Target | Sup-1 | Sup-2 | Res-1 | Res-2 |
|---|---|---|---|---|---|---|
| @passion-ground | Bearish | 7,463 | 7,674 | 7,280 | 8,366 | 8,650 |
| Long -Term | Bias | Low 2018 | Target 2018 |
|---|---|---|---|
| @passion-ground | Moderately Bullish | 5,920 | 12,235 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, like I said earlier, you simply can’t go wrong! 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 3-15-18
Right Click and open in new tab to view full size image.
…Video Update
Select HD and “Full-Screen” for the utmost clarity in viewing this video update.
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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Thanks for sharing the analysis! It’s easy to get impatient in a down turn like this
Your quite welcome, Drew! Thanks so much for taking a look and weighing in... I know it means a lot to so many, and since I have somewhat of an edge in this regard, I thought it prudent to share my assessments for the benefit of all. Thanks again, brother!
Love your voice and unique perspective. Obvious you have experience with trading many do not.
Thank you for the kind words, @acorwin!