Topic: Analysis ETH - page 7. (Read 9605 times)
Today it drops a little, the pint is not good
Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
Ethereum chart
Ethereum chart
It's hard to buy eth as of the moment considering its reliance on the price of bitcoin which is very bullish right now, so if this trend continues it might be better to short the current price of eth.
The price is still in the downward trend. It is better to buy when the price reverse into the upper trend, maybe in a few months.
Forget the long against btc until correction happens or eth pump takes place... I had gone with buying at the $6 aginst usd and current price already locks in 30%. Still good value now but no later than this week to take advantage of Jan and Feb where both currency correction and eth recovery will result in good profit margin.
It is weakening it could return to 0.009
The price was unstable, It seems will get another downtrend, but I think it will stable at 0.01.... Caused by this
https://bitcoinwisdom.com/markets/bitfinex/btcusd
And the red waves will continue. Bitcoin was touching over 780!!!!
It is weakening it could return to 0.009
prices rebounded up 0.015
I totally agree with you Densuj, in fundamental analysis and the technician at the moment seems to go to a bearish side, at the moment stopped the descent in 0.00765,
We hope to solve the problems of piracy
Well.. it is interisting discussion, but i have a question are you developer of ETH?We hope to solve the problems of piracy
You are like worry about ETH's network and hacking issue, i saw on your last statement We hope to solve the problems of piracy.
Actually i don't too care about this problem because if there are chance for make profit in ETH, i will take it and if my analysis is wrong, I would not hesitate do cut lost.
I totally agree with you Densuj, in fundamental analysis and the technician at the moment seems to go to a bearish side, at the moment stopped the descent in 0.00765,
We hope to solve the problems of piracy
We hope to solve the problems of piracy
Well because of you use analysis technical for making prediction of ETH's price, let me use different ways and i will use analysis fundamental for it.
All of us know there is problem with ETH's network (hacking problem and stolen coins that be builded on ethereum network) that is why they (developers) needs hard fork. That is make down trend for long term.
But the developers and investors of ETH, they have a lot of money, it is mean the bullish trend for short term strategy trading.
All of us know there is problem with ETH's network (hacking problem and stolen coins that be builded on ethereum network) that is why they (developers) needs hard fork. That is make down trend for long term.
But the developers and investors of ETH, they have a lot of money, it is mean the bullish trend for short term strategy trading.
Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
Ethereum chart
Ethereum chart
It's hard to buy eth as of the moment considering its reliance on the price of bitcoin which is very bullish right now, so if this trend continues it might be better to short the current price of eth.
The trend is still bearish, if it exceeds 0. 01369 could go up, time and graphics will tell us
Ethereum chart
Ethereum chart
this is just my Analysis about ETH yeah i can say price is cheap now but you know what ? i think that effect Bitcoin price just remind you ETH has a good community i belive price will be recover soon..lets say in the next years 
price of ethereum is highly unlikely to ever recover. next year as bitcoin price becomes more stable and market returns to its calm days, there may be some new pumps but i really don't think it can ever go back to its ATH
this is just my Analysis about ETH yeah i can say price is cheap now but you know what ? i think that effect Bitcoin price just remind you ETH has a good community i belive price will be recover soon..lets say in the next years
if last 2 week you buy ethereum in price 0.009 bitcoin
and you not cut lost its accedent ethereum price down 0.008 bitcoin
this now you can much profit
trend now still down price, until in end year ethereum price can down, its now ethereum price incraese only corection price and then down again
Remember too many FUD was saying if the price will still going down more and more. But where from you was saying if it the correction price? Totally you can put some of your reason for that, The price was being unpredictable, Like the Bo Shen cases, everyone won't think it will happen. and you not cut lost its accedent ethereum price down 0.008 bitcoin
this now you can much profit
trend now still down price, until in end year ethereum price can down, its now ethereum price incraese only corection price and then down again
if last 2 week you buy ethereum in price 0.009 bitcoin
and you not cut lost its accedent ethereum price down 0.008 bitcoin
this now you can much profit
trend now still down price, until in end year ethereum price can down, its now ethereum price incraese only corection price and then down again
and you not cut lost its accedent ethereum price down 0.008 bitcoin
this now you can much profit
trend now still down price, until in end year ethereum price can down, its now ethereum price incraese only corection price and then down again
Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
If bitcoin up trend continuous for next few days, that support point could be broken. Better not to touch ETH right now....Wait and watch situation, if bitcoin price get some correction ETH price can get some push. I think it happened before because people are selling / dumping their ETH for BTC. They are converting their BTC to fiat since bitcoin is rising now. Other altcoins are also affected,for traders this is an opportunity to buy
ETH price versus BTC is going down because bitcoin price in USD is going up that part is happening automatically but when this happens people start dumping more in order to have more bitcoin (not the same amount of USD) that creates a dumping wave that will cause a bigger price drop leading to more dump and as bitcoin price rises more this effect becomes more severe.
Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
If bitcoin up trend continuous for next few days, that support point could be broken. Better not to touch ETH right now....Wait and watch situation, if bitcoin price get some correction ETH price can get some push. I think it happened before because people are selling / dumping their ETH for BTC. They are converting their BTC to fiat since bitcoin is rising now. Other altcoins are also affected,for traders this is an opportunity to buy
Bitcoin might break $765 before end of the year 2016, it mean Eth might have know any further option than continued going down. Remember what other has said here eth will continue going down until some negative fundamentally issued happen to bitcoin.
The technical analysis works for the larger crypto with high volumes, now ETH broke the support of 0.01 confirms the fall.
Ethereum chart
Ethereum chart
If exact correlation is a large majority of cryptocurriences
correlation exists between bitcoin price and most of the altcoins not all of them. and this correlation is the most obvious in altcoins which are being traded with both BTC and USD at the same time.
I would expect a little more for ETH, if BTC was shot above 1000 $ ETH could go to 0. 00235000 ETH will get there even without bitcoin shooting up to $1000 and it has already started to go down and when ETH goes down lots of panic sells start which will push further down.
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