Osiris_Finance

ETH 3-hour forecast. Machine learning.

BITFINEX:ETHUSD   Ethereum
Dear colleagues and followers,

We at Osiris Finance value your feedback and would like thank you for all your interaction with our posts. We keep working hard to make our systems even more balanced and sophisticated to keep producing more accurate up-to-date forecasts to use in trading or research.

This morning, it was reported that there were many attempts by ETH price to clear resistances like $292 and $290 against the US Dollar. However, the ETH/USD pair failed to gain bullish momentum and it slowly moved down. It broke the $284 support recently and spiked towards the $277 level. A low was formed at $277.97 before the price made a nice recovery. It moved above the 23.6% Fib retracement level of the last decline from the $302 high to $277 low. (Source: www.newsbtc.com/2018...-lower-within-range/)

However, later this morning Ethereum has broken below the support at $280. There is a huge correlation between Ethereum and Bitcoin price. The slide in Bitcoin appears to have affected a majority of cryptos in the market. ETH/USD is seeking balance above $260 after dismembering the support at $270. Ethereum declined towards $250 in August, therefore, a support above $260 is very essential. Otherwise, Ethereum could test the former support at $250. (Source: www.fxstreet.com/cry...e-crash-201809051054)

We at Osiris Finance are delighted and proud to announce that our algorithms performed an outstanding job spotting the incoming dump and made a decision to cache in fiat.

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: 308.20
Low: 280.33
Close: 280.33

According to our machine learning models, the system has recommended to buy and hold 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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