ETH 3-hour forecast. Machine learning.
Dear colleagues and followers,
We at Osiris Finance are pleased to announce that we always work hard on improving our models. More precisely, yesterday we made several improvements with our trading strategies and revised the set of indicators in our models to keep providing you with more accurate up-to-date forecasts to use in trading and research.
According to the recent news, during the past three days, there were decent bullish moves above $280 in ETH price against the US Dollar. The ETH/USD pair broke the $295 and $300 resistance levels and formed a high at $302.64. Later, buyers failed to keep the price above the $300 level, resulting in a downside correction. It declined below the 23.6% Fib retracement level of the last leg from the $276 low to $302 high. (Source: newsbtc.com/2018/09/03/ethereum-price-analysis-eth-usd-signaling-more-upsides-above-296/)
We would like to warn you that according to Business Insider, Tom Lee, a managing partner at Fundstrat Global Advisors, believes that Ether futures trading will alter the price narrative of the market. Drawing from the introduction of a similar product for Bitcoin, Lee predicts that Ether might follow the same trajectory. When BTC futures debuted at the backend of 2017, Bitcoin price rose to a new all-time high (ATH) of $19,700. After that, the top-ranked cryptocurrency took a nose-dive, reaching below $6,000 the following February. Presently, Bitcoin is down more than 60 percent from its mid-December 2017 ATH. (Source: bitcoinist.com/eth-futures-ethereum-bitcoin-tom-lee/) We remind you that on 30 August, Yahoo Finance announced it is adding four cryptocurrency-based trading options. According to it, those using the iOS mobile app issued by the news portal have the ability to trade the following digital assets: Bitcoin, Ethereum, Litecoin, and Dogecoin.
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: 291.99
Low: 284.81
Close: 287.61
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 pleased to announce that we always work hard on improving our models. More precisely, yesterday we made several improvements with our trading strategies and revised the set of indicators in our models to keep providing you with more accurate up-to-date forecasts to use in trading and research.
According to the recent news, during the past three days, there were decent bullish moves above $280 in ETH price against the US Dollar. The ETH/USD pair broke the $295 and $300 resistance levels and formed a high at $302.64. Later, buyers failed to keep the price above the $300 level, resulting in a downside correction. It declined below the 23.6% Fib retracement level of the last leg from the $276 low to $302 high. (Source: newsbtc.com/2018/09/03/ethereum-price-analysis-eth-usd-signaling-more-upsides-above-296/)
We would like to warn you that according to Business Insider, Tom Lee, a managing partner at Fundstrat Global Advisors, believes that Ether futures trading will alter the price narrative of the market. Drawing from the introduction of a similar product for Bitcoin, Lee predicts that Ether might follow the same trajectory. When BTC futures debuted at the backend of 2017, Bitcoin price rose to a new all-time high (ATH) of $19,700. After that, the top-ranked cryptocurrency took a nose-dive, reaching below $6,000 the following February. Presently, Bitcoin is down more than 60 percent from its mid-December 2017 ATH. (Source: bitcoinist.com/eth-futures-ethereum-bitcoin-tom-lee/) We remind you that on 30 August, Yahoo Finance announced it is adding four cryptocurrency-based trading options. According to it, those using the iOS mobile app issued by the news portal have the ability to trade the following digital assets: Bitcoin, Ethereum, Litecoin, and Dogecoin.
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: 291.99
Low: 284.81
Close: 287.61
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.
Disclaimer
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