ETH 3-hour forecast. Machine learning.
Dear colleagues and followers,
Yesterday we at Osiris Finance were working on maintaining and upgrading our hardware, and this is the reason we delayed our post here at TradingView. We would like to sincerely apologise for such an unexpected and unfortunate delay and inform you that we were working very hard to keep providing you with up-to-date forecasts to use in trading or research.
According to the recent news, there was a slow and steady rise in ETH price from the $274 swing low against the US Dollar. The ETH/USD pair traded higher and broke the $285 and $290 resistance levels. There was even a close above the $285 level and the 100 hourly simple moving average. The price climbed higher and it almost tested the $300 resistance zone. A high was formed at $298.31 and the price is currently correcting lower. (Source: newsbtc.com/2018/08/29/ethereum-price-analysis-eth-usd-could-correct-towards-285-286/)
We also would like to notify you that after all the pessimism surrounding the fall of Bitcoin, the bulls have finally taken the charge. On Tuesday, August 28, the Bitcoin price climbed by $300, rising above $7000 finally giving some hope to the investors. In addition to the Bitcoin price, the recovery was reflected in the overall market that added $12 billion to the overall valuations. (Source: coinspeaker.com/2018/08/29/bitcoin-puts-all-the-pessimism-at-rest-rises-above-7000/) A significant part of the crypto community believes that it could've happened due to the investors' decision to move ahead from the ETFs' rejections. We would like to remind you about their expectations of ETFs' approvals to attract institutional buyers to the crypto market, rising the cryptocurrency prices and finally stimulating Bitcoin to adapt an upward trend.
We are also pleased to inform you that Coinbase commissioned a survey about higher education (students and faculty) attitudes toward crypto and blockchain. They found over 40% of leading universities around the world offer at least one course in blockchain or crypto, and 25% of all students, regardless of major, said they would consider taking classes in either subject. (news.bitcoin.com/coinbase-42-of-worlds-best-universities-offer-crypto-courses/)
We are devastated to inform you that due to maintaining and upgrading our hardware, we missed the price rise, and no future trades were made since the Osiris team bought ETH for $279.45 on Friday, 21:19, and sold for $281.93 on Saturday, 0:19, generating us 0.85% 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.
Pair: ETH/USD
High: 298.37
Low: 294.38
Close: 297.19
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.
Yesterday we at Osiris Finance were working on maintaining and upgrading our hardware, and this is the reason we delayed our post here at TradingView. We would like to sincerely apologise for such an unexpected and unfortunate delay and inform you that we were working very hard to keep providing you with up-to-date forecasts to use in trading or research.
According to the recent news, there was a slow and steady rise in ETH price from the $274 swing low against the US Dollar. The ETH/USD pair traded higher and broke the $285 and $290 resistance levels. There was even a close above the $285 level and the 100 hourly simple moving average. The price climbed higher and it almost tested the $300 resistance zone. A high was formed at $298.31 and the price is currently correcting lower. (Source: newsbtc.com/2018/08/29/ethereum-price-analysis-eth-usd-could-correct-towards-285-286/)
We also would like to notify you that after all the pessimism surrounding the fall of Bitcoin, the bulls have finally taken the charge. On Tuesday, August 28, the Bitcoin price climbed by $300, rising above $7000 finally giving some hope to the investors. In addition to the Bitcoin price, the recovery was reflected in the overall market that added $12 billion to the overall valuations. (Source: coinspeaker.com/2018/08/29/bitcoin-puts-all-the-pessimism-at-rest-rises-above-7000/) A significant part of the crypto community believes that it could've happened due to the investors' decision to move ahead from the ETFs' rejections. We would like to remind you about their expectations of ETFs' approvals to attract institutional buyers to the crypto market, rising the cryptocurrency prices and finally stimulating Bitcoin to adapt an upward trend.
We are also pleased to inform you that Coinbase commissioned a survey about higher education (students and faculty) attitudes toward crypto and blockchain. They found over 40% of leading universities around the world offer at least one course in blockchain or crypto, and 25% of all students, regardless of major, said they would consider taking classes in either subject. (news.bitcoin.com/coinbase-42-of-worlds-best-universities-offer-crypto-courses/)
We are devastated to inform you that due to maintaining and upgrading our hardware, we missed the price rise, and no future trades were made since the Osiris team bought ETH for $279.45 on Friday, 21:19, and sold for $281.93 on Saturday, 0:19, generating us 0.85% 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.
Pair: ETH/USD
High: 298.37
Low: 294.38
Close: 297.19
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.
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