ETH 3-hour forecast. Machine learning.
Dear colleagues and followers,
We at Osiris Finance are delighted to see you being interested in our posts and forecasts and would like to thank you for all your interaction and feedback. We are working hard to make our systems even more balanced and sophisticated to keep producing more accurate up-to-date forecasts to use in trading or research.
According to the recent news, after trading above the $300 level, ETH price started a downside correction against the US Dollar. The ETH/USD pair traded lower and broke the $295 and $290 levels. There was even a break below the 50% Fib retracement level of the last wave from the $275 swing low to $302 high. However, losses were protected by the $284 support zone and the 61.8% Fib retracement level of the same wave. (Source: newsbtc.com/2018/09/04/ethereum-price-analysis-eth-usd-preparing-for-more-gains-above-290/)
We would like you to note that since Sunday, the cryptocurrency market has not seen any major movement to both the upside and downside, possibly due to the lack of momentum and volume in Bitcoin, Ethereum, and other major cryptocurrencies to initiate a strong mid-term rally. But, the stability shown by Bitcoin could be considered as a positive indicator for mid-term recovery, as it is highly unlikely for any asset, commodity, or currency to see a major trend reversal following a 70 percent correction within a period of several weeks. (Source: ccn.com/bitcoin-price-remains-above-7200-for-3-days-where-is-market-headed-to/)
The following is a scheduled notification from the Osiris team. Our models have been working hard and smart on forecasting the market, and here are the most up-to-date predictions for the next 3 hours:
As usual, red, green and blue rectangles demonstrate predicted values of low, high and close, respectively, with corresponding confidence intervals, and the black arrow illustrates our trades.
Pair: ETH/USD
High: 291.70
Low: 287.00
Close: 289.21
According to our machine learning models, the system has recommended not to trade within this three-hour period.
Thank you for staying in touch. We are looking forward to your feedback and any suggestions here at TradingView.
We at Osiris Finance are delighted to see you being interested in our posts and forecasts and would like to thank you for all your interaction and feedback. We are working hard to make our systems even more balanced and sophisticated to keep producing more accurate up-to-date forecasts to use in trading or research.
According to the recent news, after trading above the $300 level, ETH price started a downside correction against the US Dollar. The ETH/USD pair traded lower and broke the $295 and $290 levels. There was even a break below the 50% Fib retracement level of the last wave from the $275 swing low to $302 high. However, losses were protected by the $284 support zone and the 61.8% Fib retracement level of the same wave. (Source: newsbtc.com/2018/09/04/ethereum-price-analysis-eth-usd-preparing-for-more-gains-above-290/)
We would like you to note that since Sunday, the cryptocurrency market has not seen any major movement to both the upside and downside, possibly due to the lack of momentum and volume in Bitcoin, Ethereum, and other major cryptocurrencies to initiate a strong mid-term rally. But, the stability shown by Bitcoin could be considered as a positive indicator for mid-term recovery, as it is highly unlikely for any asset, commodity, or currency to see a major trend reversal following a 70 percent correction within a period of several weeks. (Source: ccn.com/bitcoin-price-remains-above-7200-for-3-days-where-is-market-headed-to/)
The following is a scheduled notification from the Osiris team. Our models have been working hard and smart on forecasting the market, and here are the most up-to-date predictions for the next 3 hours:
As usual, red, green and blue rectangles demonstrate predicted values of low, high and close, respectively, with corresponding confidence intervals, and the black arrow illustrates our trades.
Pair: ETH/USD
High: 291.70
Low: 287.00
Close: 289.21
According to our machine learning models, the system has recommended not to trade within this three-hour period.
Thank you for staying in touch. We are looking forward to your feedback and any suggestions here at TradingView.
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