if ETH hold above 168, downtrend will be over. - page 5.

SolarWindMiningCompany

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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

I am pretty certain Ethereum will return back to $200usd and even better when Ethereum consensys launches. I am actually buying more Ethereum now that I can get it cheap. Its currently $166 on Binance and that's the cheaper it can go at the moment. The next wave is bullish and we have to ride it to the climax once again before taking profits

emreunsal10

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I don't get this logic. Why are people looking an altcoin price from its usd price, while most trading is going on from BTC? You all know why ETH did it's ATH per USD right? Because BTC was it's ATH per usd

when eth 2.0 comes out, it won't be enough, we just need another btc bull run for an eth uptrend. it might hold above or go below 168 usd, mainly because of the price of BTC/USD, not ETH/USD parity..

Cheesus

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terra-credit.com

You may right. Whenever I see ETH at 160+ USD, I feel everything is okay, it's not that down. But when it comes at 154-159 USD, I start fearing that it will go more down. So, you are right that ETH 168 USD is not that bad, anytime it can bounce back to 200 USD!

Nivia1st

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I don't think so, it's still too far for bull. the downtrend still continues, if bitcoin falls again maybe ethereum could be worse. even this could be like earlier this year. so just prepare yourself because it might take a long time for ethereum to recover again.

takngantuk

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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

if the market were this simple, I would have been very happy. You know every time I have free time I always open a tradingview and make an analysis. and I've seen how the market destroys my predictions. so I thought, eth would not match your predictions. because there is currently no good news about ethereum, so even if eth doesn't fall deeper. it can not make eth prices recover.

Ompyon

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Quote from: YuginKadoya on September 29, 2019, 11:26:40 AM

The downtrend will stop if people stop selling their hold coins, especially Bitcoin we need to look for the bigger picture here if it isn't for Bitcoin other Altcoin will not establish a good position it is all thanks to the father of cryptocurrency that ETH right now is holding on its own, but maybe some other news that would feature Ethereum will suddenly increase a slight price for Bitcoin.

And if you see most Altcoins out there they are connected to Ethereum Blockchain so maybe an unlikely sudden pump will be made if it just holds its price just still, But I doubt that will happen A movement for Altcoin sometimes is just for Altcoin only but Bitcoin sudden movement will surely change the altcoin price as well.

It seems impossible to expect crypto users to stop selling their coins. trade will be alive if there is a sale and purchase transaction, if no one sells, the bid will definitely be higher. and the reason they sell their coin collections is to want to get wealth, and because of that they always sell their coin collections on a regular basis. and when they reach a low price, they will buy back, so the trade will look more stable.

YuginKadoya

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The downtrend will stop if people stop selling their hold coins, especially Bitcoin we need to look for the bigger picture here if it isn't for Bitcoin other Altcoin will not establish a good position it is all thanks to the father of cryptocurrency that ETH right now is holding on its own, but maybe some other news that would feature Ethereum will suddenly increase a slight price for Bitcoin.

And if you see most Altcoins out there they are connected to Ethereum Blockchain so maybe an unlikely sudden pump will be made if it just holds its price just still, But I doubt that will happen A movement for Altcoin sometimes is just for Altcoin only but Bitcoin sudden movement will surely change the altcoin price as well.

sjbi

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As the crypto market is very weak, altcoins including ethereum are going down in price. Ethereum has been experiencing downtrend more than other altcoins. It maybe dominance of bitcoin. Bitcoin is posing threat to ethereum I think.

tenakha

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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

It depends on BTC itself to keep the price above $168. The obvious proof of this is that when it reaches over $200, it is affected by BTC and experienced a drop again. In short ETH is not in the lead role in this film. It would be more accurate to focus on BTC. The idea that the market is still weak is true and BTC is the only hero who can save it from this weakness.

Dobmaster

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Now Bitcoin has a share of 70% of the total capitalization, ether is necessary for the capitalization of about 15-20%, then we will take to the sky as in 2018 year .

Red-Apple

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the downtrend is over when the dumps are over. and the dumps are over when bag holders dump all their bags. also for this whole thing to eventually come to and end and for you to see a reversal the ethereum company owners need to start loosening their purses and start pumping it again and so far they don't seem to want to do that anymore.

mr_random

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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

If the price of ETH can hold above the $200 for a month, the price can attempt to test the new higher prices above the resistance which will turn to the support level in case of pump. The market is overreacted to the BAKKT news and the expectations of the crypto traders don't match with the market movement, the reason for the dump can be explained so.

iMark

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Quote from: cribusen on September 29, 2019, 05:20:33 AM

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

It mainly depends on BTC and its behaviour rather than on ETH. ETH keeps disappointing investors throughout past two years and if ETH 2.0 would not change things, I hardly doubt that this coin would ever come back to 1k USD.

Yeah because the dominance of bitcoin is much greater in the crypto market, so I think the downtrend signal ends not on ETH but bitcoin. everyone will look at bitcoin market first to determine their choice of buying or selling, that is the fact. we often see that when the price of bitcoin falls, it is certain that many people will sell their assets including altcoin. ETH has an effect but only a small part.

CarnagexD

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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

That's true the market still weak and there is still a sign that bear market might appear again. Bitcoin and Ethereum show the potential of having downtrend and I still worry simply because of people who always do panic selling that might result in the more down price in the market. As of now the price of ethereum is 170.2036 and it's totally close to the price that you have mentioned. Lastly, I hope the price of ethereum will remain above 170$ and not fall again.

masulum

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hmph..

Quote from: DaMut on September 29, 2019, 02:33:39 AM

Well, even without proof we can tell this because once ETH holds up its position at $168 or above. That means the price has stabilized and the probability for it to make an upward movement is higher. It also means, the trend is changing and the bear is over at last until it goes down again.
sometime we do not really need any TA to proof the market, because TA does not guarantee you anything. In the end, it depends on you whether you can afford to hold it or not.

Sometime we need to know factor that makes the price more stable as you say, of course there is any factor behind it. And i know TA sometime not guarantee anything. But, it happens when any fundamental factor, news or anything. If OP makes it clear about this position, people who don't have any experience like me, can learn something new about trading prediction.

cribusen

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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

It mainly depends on BTC and its behaviour rather than on ETH. ETH keeps disappointing investors throughout past two years and if ETH 2.0 would not change things, I hardly doubt that this coin would ever come back to 1k USD.

NathanJB

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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

How many days or weeks have you been observing the charts and whatever patterns they may have created?

It seems that your rank or your post speaks a lot of your inexperience and yet you try to make a good prediction out of what is happening today. If you think that ETH at $200 or $500 or even $1000 will cut the downtrend, you are very wrong. The downtrend is part of the life of ETH and all other cryptocurrencies except the stablecoins. There will always be downtrend. It occurs every now and then. It cannot be erased from the future of ETH nor of any coins.

styca

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I don't know about specific prices, but we've had a sudden sharp fall and reached a plateau. We have been trending sideways for a few days now, and a break either way seems inevitable. There is probably more pressure to move down again, but if we do go back up and prices re-establish the previous support line, then I think that would show a lot of confidence in the market, and se us up for a new bull run. As I say though, it seems likely that prices will be tested downwards first.

DaMut

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Quote from: masulum on September 29, 2019, 02:21:46 AM

You are saying like this without any proof. If you say it will over, what fundamental factor to make downtrend of ETH will over. If you are using TA, can you give me your TA reaults? I am not a pro trader nor good in TA, but creating speculation without any proof it just a trap.

Well, even without proof we can tell this because once ETH holds up its position at $168 or above. That means the price has stabilized and the probability for it to make an upward movement is higher. It also means, the trend is changing and the bear is over at last until it goes down again.
sometime we do not really need any TA to proof the market, because TA does not guarantee you anything. In the end, it depends on you whether you can afford to hold it or not.

masulum

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hmph..

You are saying like this without any proof. If you say it will over, what fundamental factor to make downtrend of ETH will over. If you are using TA, can you give me your TA reaults? I am not a pro trader nor good in TA, but creating speculation without any proof it just a trap.

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