if ETH hold above 168, downtrend will be over. - page 3.

bhabygrim

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Quote from: samir1995 on September 28, 2019, 10:05:56 AM

if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

Well it already surpass your expected price ,
But I don't think that it would really end the down trend but let's hope that it would stay higher than $170 .
And down trend is part of the cycle so no matter how much the price gets always expect the down trends of the market.

magneto

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And is there any TA at all to back this sentiment up? Or is it pure theory out of thin air Roll Eyes

I think that ETH will continue to rally or at least hold its current position trading in relation to BTC, primarily because of the fact that there seems to be a psychological floor at 0.02 BTC which has been proven to be support as prices rebounded as soon as it went under.

I don't think that ETH dictates where the market is generally headed, despite its #2 status. BTC is still the macro indicator right now. ETHUSD should not matter that much in terms of macro analysis.

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Quote from: samir1995 on September 28, 2019, 10:05:56 AM

if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

For 3 days Ethereum is holding to above $170 yet nothing good going in the market so what’s the score?and what’s the idea about this $168 value?
Anything in additional to the idea aside from th ending of bearish?
And besides I think we’re not in bearish because we re still holding to $8000 range for bitcoin from $3k early this year so basically we are still in bullmarket until he go below that year start prices

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Quote from: DeepChipolino on October 03, 2019, 06:44:39 AM

Quote from: gaston castano on October 03, 2019, 03:33:45 AM

It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

Yes, Ethereum began to feel better. But before that, there was a one and a half year downward trend. Of course, with corrections this gave a lot of wrong hopes. So, I would not rush to conclusions.

Yes, we cannot conclude them quickly because still, the price of ETH is struggling in the market whenever the price of Bitcoin increases/decreases. So we cannot able to justify them in a short period of time, but long term we might see a huge upward trend.

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Quote from: gaston castano on October 03, 2019, 03:33:45 AM

It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

Yes, Ethereum began to feel better. But before that, there was a one and a half year downward trend. Of course, with corrections this gave a lot of wrong hopes. So, I would not rush to conclusions.

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Quote from: samir1995 on September 28, 2019, 10:05:56 AM

if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

Thats impossible to happen because it all depends in the circumstances of the market, wherein even it keep increasing also there's no way downtrend will be over ASAP . what I mean because there are still some manipulators that keeps dumping after gaining quick profits ,so downtrend will always happen time on time and no one can stop it. So op i suggest stop assuming and always protect your port3at all the time to avoid regrets.

Taskford

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That's part of volatility of the market and we can expect this to be happen since there are huge player somewhat doing some good trades on the market that's why we can see some sketchy movements of Ethereum nowadays, And maybe we cannot experience the huge surge for now but it's best to do a leverage trading on it since it's so profitable if we can get on the best position.

lobo13hf

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Quote from: kidbounty on October 01, 2019, 08:44:31 AM

I doubt it will come true. there is no guarantee that when prices above $168 ethereum start reversal. bitcoin is still consolidating, if some days there is no increase maybe altcoin will start to red again. and I see ethereum always can not survive the impact of the decline in bitcoin. so if bitcoin falls again, it's certain ethereum will also follow.

the price has been staring to surge again and point is when bitcoin is starting to rise and ethereum will be following it whatever the reason or news come to the market and whole of altcoin is still following bitcoin.
Altcoin is not independent and just try to determine the movement of altcoin based on the bitcoin chart and this will always work
But i believe the fall will not be so long. Market needs to find the support again to make bitcoin will above 10k again

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hmph..

Quote from: gaston castano on October 03, 2019, 03:33:45 AM

<...>
but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

What you mentioned is a condition is not a part of technical analysis. However, many people take advantage of these conditions, even have to take greater risks. Because, sometimes fundamental analysis is not as expected, especially for new traders.

gaston castano

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It seems your words are correct now ETH touches 178 $, and the market is stable and stable, but the predictions are not entirely true, news, fud, fomo, pump, dump, there will always be a chart that does not match the predictions and make market unpredictable.

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Quote from: lumierre on October 02, 2019, 01:28:18 PM

Quote from: derdemo on September 28, 2019, 03:55:01 PM

Maybe you're right.

It seems to be true. However, there is still a small risk that it can be down (for some time only, to get up after). The closer we are to Ethereum 2.0, the more people are ready to invest in ETH, and altcoin is getting stronger, which is also good for the price of it. WE should remember that its lowest price was 0.68 USD (August 2015), but then, the Moonrise started. We will see it again.

That account needs to consider, we don't know what the market will bring to our investment, It's needed to have positive perceptions to how things will work after seeing that projected fall, thinking to invest with this coin needs to have long term plans, anything can happen since the project developers are active and not quitting with more progress to provide inside the community. Hold still and if you a chance, add more to your holdings.

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Quote from: derdemo on September 28, 2019, 03:55:01 PM

Maybe you're right.

It seems to be true. However, there is still a small risk that it can be down (for some time only, to get up after). The closer we are to Ethereum 2.0, the more people are ready to invest in ETH, and altcoin is getting stronger, which is also good for the price of it. WE should remember that its lowest price was 0.68 USD (August 2015), but then, the Moonrise started. We will see it again.

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Quote from: samir1995 on September 28, 2019, 10:05:56 AM

if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

unfortunately it is difficult to be able to predict the movement of ethereum, it may also not be able to ensure that what you say can be realized in a crypto situation like this. we know that bitcoin can fall very far in only a few weeks.
but I believe and maybe many people that ethereum will quickly rise again and survive even though bitcoin is not good.

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Quote from: dataispower on September 28, 2019, 05:42:09 PM

ETH might likely go above 200$ just soon since there is positive development news (ETH 2.0 on the way). A lot of accumulation for ETH reason why I bought some at 166$ two days ago. I might be wrong but I do think it's a good time to buy more ETH, the market is unpredictable though.

If you are willing to hold your ethereum for a very long time then I will say that you are right when you say that this is a very good moment to buy ethereum, but if what you are looking for are fast profits then I do not know if it is such good idea to buy ethereum when in my opinion there is a very strong possibility that during the next months the price will remain stable and then it could go down as investors decide to cash out once they understand the bull market is over.

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Quote from: Razick on September 28, 2019, 04:09:25 PM

The downtrend is across the entire crypto industry. You need to look at the big picture instead of just focussing on aetherium or any other single cryptocurrency. If you look at all the cryptocurrencies in the past month, will actually the past few days they have dipped a lot. For example, Bitcoin was worth $10,000 a few days ago, and now is worth only 8,000.

Maybe he is talking about only Ethereum, but I agree there is no way to know how the market will improve,it's a high volatile market so high that even the most experts cannot figure out if we are going to continue the trend or the market will go up and down, it seem everything is done back door, I trust my portfolio will perform even if the market is not in a good condition.

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I doubt it will come true. there is no guarantee that when prices above $168 ethereum start reversal. bitcoin is still consolidating, if some days there is no increase maybe altcoin will start to red again. and I see ethereum always can not survive the impact of the decline in bitcoin. so if bitcoin falls again, it's certain ethereum will also follow.

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Quote from: rez303 on October 01, 2019, 02:28:27 AM

Quote from: Dobmaster on September 30, 2019, 11:01:42 AM

Yes indeed, we were able to stay at this mark and gain a foothold. Now there is a small rebound upwards, and there is great hope that we will rise even higher to 200 $ .

Today the price of ETH has reached $185 and this is a very good recovery at this coin. I think that if ETH price can go higher in the next few months, people will trend to invest more and that could help ETH price to achieve a great stability in this market. It is still too early to confirm the new trend of the crypto market, but I believe this project will still grow strongly in the future and the foundation of Ethereum will certainly help a lot in life.

This shows that ethereum is slowly recovering but the point is we cannot determined if the downtrend is really over. It already takes long time for eth market to surpass the higher rate but as we can see also other coins is in downtrend. Well yes it is early to judge the market if bearish is over for eth. Hence, I can see eth price will goes up again.

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At least give some technical analysis on where you are basing this at. And why is the usd pairing important on your scenario? Why not pair it with btc? If you know what's the resistance is going to be in usd, you must know what is it going to be in btc also?

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Quote from: Oceat on September 30, 2019, 06:43:50 PM

Quote from: surgical_duude on September 30, 2019, 11:17:06 AM

BTC made the whole market turn red. Altcoin is the biggest victim that makes every investor concerned and worried. But in my opinion for ETH they will have strategies and plans and will launch new trends that make ETH soar in the coming time.

I doubt about that since ETH is also connected to the trend of Bitcoin which means if Bitcoin price going red, then it ETH is probably painted in red too. Although the price of Bitcoin seems to start to recover then that means most altcoins are recovering too. I hope it will continue to recover this October.

I still don't understand what time period you're talking about?! After all, ETH recovered price from level of $80 this year! I don't know why the increase of over 100% in a few months is not noticeable to you ?!
In my opinion, we are in an upward trend and it will be so for at least a year.

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Quote from: Oceat on September 30, 2019, 06:43:50 PM

Quote from: surgical_duude on September 30, 2019, 11:17:06 AM

BTC made the whole market turn red. Altcoin is the biggest victim that makes every investor concerned and worried. But in my opinion for ETH they will have strategies and plans and will launch new trends that make ETH soar in the coming time.

I doubt about that since ETH is also connected to the trend of Bitcoin which means if Bitcoin price going red, then it ETH is probably painted in red too. Although the price of Bitcoin seems to start to recover then that means most altcoins are recovering too. I hope it will continue to recover this October.

When the change in BTC's price becomes negative, it immediately starts to have a negative impact on the altcoins but when the BTC increased, we saw the same scene again. Due to the selfishness of BTC, the price increase is not reflected in the others. Therefore I do not know how the increase of BTC will be reflected in the altcoins in the future. Lets wait...

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