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According to the recent news, ETH is in a bearish trend its short-term outlook. The strong bearish pressure broke the $211.29 resistance in the lower demand area of the range on 8th September. Price was further down to $185.15 in the demand area after retesting the broken lower demand area. Exhaustion sets in as wicks were seen in the candle at the demand area which conversely implies gradual bulls return coupled with the bullish spinning top at the area. The large bullish engulfing candle signaled the bulls return as the cryptocurrency made a high of $208.37 in the supply area on 9th September. (Source: cryptoglobe.com/latest/2018/09/ethereum-eth-price-analysis-september-10/)
During Central Banking, a global forum dedicated to central banking, the FinTech & RegTech Award for Best Distributed Ledger Initiative was bestoved to South Africa’s central bank for its Project Khokha, designed to successfully use an Ethereum blockchain platform to process interbank payments and settlements. The bank used JP Morgan Chase’s Quorum network with Istanbul Byzantine fault tolerance and Pedersen commitments and range proofs. (Source: ccn.com/south-africas-central-bank-wins-award-for-its-ethereum-payments-blockchain/)
The U.S. Securities and Exchange Commission (SEC) has recently suspended the trading of exchange-traded notes, Bitcoin Tracker One and Ether Tracker One, issued by a subsidiary of CoinShares Holdings. Similar to exchange-traded funds, the exchange-traded notes offered investors exposure to Bitcoin and Ethereum. (Source: dailyhodl.com/2018/09/09/sec-suspends-bitcoin-and-ethereum-exchange-traded-notes/)
We also inform you about our recent trading history.
The Osiris team has bought ETH for 216.77 on September, 8 at 12:16 and made a decision to sell for 217.96 at 12:21, generating us 0.55% 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.
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