ETH 3-hour forecast. Machine learning.
Dear colleagues and followers,
We at Osiris Finance value your feedback and would like thank you for all your interaction with our posts. We keep 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.
This morning, it was reported that after a major downside correction towards the $190 level, ETH price found support against the US Dollar. The ETH/USD pair traded as low as $192 and later started an upward move. It jumped sharply above the $195 and $200 resistance levels. There was also a break above the 50% Fib retracement level of the recent decline from the $228 high to $192 swing low. (Source: newsbtc.com/2018/09/19/ethereum-price-analysis-eth-usd-consolidating-above-200/)
Weiss Ratings, a private rating agency that offers market research and analysis on stocks, ETFs, mutual funds, insurance companies, banks, credit unions and cryptocurrency, just dropped a bold prediction on the future of Bitcoin and Ethereum, assuming that Bitcoin will likely lose up to 50% of its market share to Ethereum within the next five years. The argument is based on the idea of Ethereum's technology which offers more use cases with it's ability to create decentralized apps and smart contracts. (Source: dailyhodl.com/2018/09/18/bitcoin-btc-will-lose-half-of-its-market-share-to-ethereum-eth-weiss-ratings/)
As it was already stated, the ERC-20 token has been initially adapted to create 119,876 tokens, however this number is growing every day. The CEO and co-founder of the Kyber Network exchange, Loi Luu, explained that many of these tokens and altcoins are used solely on a few websites, so one way to solve it is to find platforms and use cases that they can be applied. Luu said, “What we observe is that most tokens are used only on exchanges for trading purposes or within their own specific platforms if the platform is live.” On that note, Luu aims to make it possible for all of these types of tokens to be applicable to payments. In an announcement that Luu exclusively sought out CoinDesk to announce, he and his team are working to extend the platform’s on-chain liquidity smart contract. (Source: bitcoinexchangeguide.com/kyber-network-decentralized-exchange-enables-120000-ethereum-erc20-tokens-for-payments/)
We would like to remind you that the Osiris team bought ETH for 215.32 at 6:46 and sold for 216.59 at 8:21. Later the Osiris team bought more ETH for 216.79 at 15:14 and sold for 218.23 at 16:03 on September, 16, generating us 1.26% return.
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: 216.17
Low: 210.31
Close: 212.04
According to our machine learning models, the system has recommended to buy and hold 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 value your feedback and would like thank you for all your interaction with our posts. We keep 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.
This morning, it was reported that after a major downside correction towards the $190 level, ETH price found support against the US Dollar. The ETH/USD pair traded as low as $192 and later started an upward move. It jumped sharply above the $195 and $200 resistance levels. There was also a break above the 50% Fib retracement level of the recent decline from the $228 high to $192 swing low. (Source: newsbtc.com/2018/09/19/ethereum-price-analysis-eth-usd-consolidating-above-200/)
Weiss Ratings, a private rating agency that offers market research and analysis on stocks, ETFs, mutual funds, insurance companies, banks, credit unions and cryptocurrency, just dropped a bold prediction on the future of Bitcoin and Ethereum, assuming that Bitcoin will likely lose up to 50% of its market share to Ethereum within the next five years. The argument is based on the idea of Ethereum's technology which offers more use cases with it's ability to create decentralized apps and smart contracts. (Source: dailyhodl.com/2018/09/18/bitcoin-btc-will-lose-half-of-its-market-share-to-ethereum-eth-weiss-ratings/)
As it was already stated, the ERC-20 token has been initially adapted to create 119,876 tokens, however this number is growing every day. The CEO and co-founder of the Kyber Network exchange, Loi Luu, explained that many of these tokens and altcoins are used solely on a few websites, so one way to solve it is to find platforms and use cases that they can be applied. Luu said, “What we observe is that most tokens are used only on exchanges for trading purposes or within their own specific platforms if the platform is live.” On that note, Luu aims to make it possible for all of these types of tokens to be applicable to payments. In an announcement that Luu exclusively sought out CoinDesk to announce, he and his team are working to extend the platform’s on-chain liquidity smart contract. (Source: bitcoinexchangeguide.com/kyber-network-decentralized-exchange-enables-120000-ethereum-erc20-tokens-for-payments/)
We would like to remind you that the Osiris team bought ETH for 215.32 at 6:46 and sold for 216.59 at 8:21. Later the Osiris team bought more ETH for 216.79 at 15:14 and sold for 218.23 at 16:03 on September, 16, generating us 1.26% return.
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: 216.17
Low: 210.31
Close: 212.04
According to our machine learning models, the system has recommended to buy and hold 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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