Bitcoin Forum

These yellow lines show where high-volume bids are placed. ETH price is moving to them!  So keep your money ready for Black Friday sale)

HERE IS THE UPDATE (I will try to post it every business day here)!

INFO on SEP 13, 2018
It seams that some BIDs (not huge) moved upper from 160 to 182/
https://image.ibb.co/kEucZp/ETH_SEP13.png (https://ibb.co/iv0HZp)


INFO on SEP 12, 2018
https://image.ibb.co/hDSKUp/levels.png (https://ibb.co/kBvTN9)

Hope this inside info will help someone of you to stop catching knives (losses) by buying on 220, 190, 185, 175, etc.

shows 160 as quite a soft level-(( Your info is useful. Appreciate you. Wondering what a BIG UP GAP will happen when price touches 150.

Fortunately, I have sold out previously and now can buy what I want for low prices. But I don't believe that eth will recover 10x times to 1400-1500 in the next 5 years. So I am going to buy KGT token provided by Kamagames and backed by its successful working business (not a startup) with 250 full-time employees and $50M annual revenue.

where had you got this info?

why are you not sure? does not take 5 years if ethereum wants to reach the price of $ 1500. The next 2 or 3 months the price will improve, not without reason, but because I am sure that ethereum is a very strong altcoin

I have a feeling Ether price is going to $100, my suggestion is this, that some whales are manipulating the price in their favour inorder to be able to set up their own node for the incoming Ethereum Proof of stake shift. I think people buy now should have learnt that crypto is a veru predictable market if you know what you are doing

Oh yeah, buy your shitcoin instead.

I don't get it why people doesn't want to buy a coin that giving them an opportunity to make a lot of profit afterwards and just choose to buy coins over it. Just because it's getting dump doesn't mean that it won't pump.

This is from CoinbasePro

Agree. As I understood this. ETH miners now have to not only mine but also have ETH (in stake) in order to get profits. Besides the miners' reward will be decreased on 33% (from 3 to 2 ETH). So miners go away from ETH - this is why new ETH generation is lowered to 8% per year.

btw does anybody know what will be the total amount of ETH in circulation in 10 years from now. Is there any source of info about it?

I do believe $140-150 shall be one of the holding point based on the previous support level

However, it is not a strong support level as if it breaks, we are heading back to $100 or even lower
ETH just got dumped really really hard

I concluded that the ETH price would be $ 100, which would be a point of defense, and in my opinion that all this was because some whales manipulated prices according to their wishes, in order to be able to set prices according to their own wishes,in order to get the desired profits.

i think this because vitalik say about cryptocurrencies not gain a lot this year, coin thats have no purpose and not adopted in real product or real business will going to deep.

thanks this is very helpful .. hopefully that the black Friday gives us more money , im not selling anything of my holdings

Looks like Ethereum is up after reaching the 167 US dollar mark. Currently at 189.05 with an additional 7 dollars in an hourlong chart. Ethereum is up by almost four percent. Counld this be the return of Ethereum? As we know a lot of altcoins depends on its block chain that means we can see green across the market.

eth opportunity to go down is still there, because the panic to sell is still high and many problems are complained about the platform. maybe the lowest price for eth is around $100 - $150 and has the potential to be reached in the near future.

Yeah i'm waiting 150$ price. I think it's the lowest bottom line. After it eth will go up... So the black friday price is ~ 150$

There was a quick recovery green line today and we jumped to 180$, I don't want to believe but we can get 150 in the next week. For sure it is not the bottom, when whales will dump BTC at the 5200-4800 then Eth will hit the real bottom.

I am in short and was waiting for 100 but now thank to your pic I move it up to 158 level. Thank you for useful information.

I would like to see how the level allocated now. If it's possible please update.

Please Update the post
ETH is going up
what are the resistance levels now?

Updated it!

I think that ETH may still fall in price to $ 150 and it will happen in the near future, and after this the market will start to grow

We are $192 now and seem to be that we are starting to take off again.

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I think that it's the bottom line that we don't think that it is. If you are expecting that it can go further down to $150 - $100. You may wait until few weeks from now.

Thanks for the update! I also dont think that the recovery is strong so the level 182 may be easily broken today.

Today is a vital day for ETH if it reaches 202 level then we will see a very fast recovery. OP,  what are the yellow levels now _ let us know please.

ethereum is far from the bottom,
if ethereum rises to 0.03 btc, then to 0.04-0.06 btc it is possible for ethereum

I think this is due to the reduced number of people to do the pump so that there is little demand for a lot of sales so the price gets lower. but I'm sure this is normal.

Extremely useful as this gives a great insight of the market and how people and investors perceive these important regions. I have been expecting to see some good bounce at this $150 region anyway and probably even before then, and for cases like this, I can imagine how the market can quickly react based on volume at this region which is what I am waiting for anyway as I really do not want to expect so much but at the same time, use the price action to judge when to be getting in, but really this is a very good insight.

Moreover, I am not surprised at the level of support within the $150 region as this is a very good demand zone for the ETH market and it would take some crazily huge heavy drop to be able to hit lower than that. No one knows what the future holds anyway, based on the perception of the market, buy orders can be changed, but as it is, this should be a good point to be buying with a stop loss at least below $145.

We actually go beyond that few days after this post and yet we are down to $195 again. Its hard to analyze ETH in short term now because it keeps on pumping and dumping. IF you are buying ETH now, better to play long term with this coin so you can have enough profit. Buy more and see the big difference in the future, ETH is still a top choice for investors.

It's normal when a tragedy comes, a restoration will eventually get in.

Not the reduced number of people to pump ETH but its the number of ICOs that dumped their ETH's and that made the price of ETH lower. The demand became weaker and price for ETH is dramatically dropping which is said to continue up to $150 by most speculations.

From this your analysis it means the bottom is still far away from were the price is currently at.  Ethereum has seriously getting dumped for the past 7 months now and we should know that many speculators said that the bottom is below $100! I pray that it should not go that low.

Look at the bright side, we are still up where we where around 1.5 year ago at 6usd BTC

The huge demand in these levels shows the interest in Ethereum as one of the safest crypto investments. People who are telling you that Ethereum is a scam are the biggest buyers. We will remember these days after one or two years.

indeed ethereum is now the interest of investors, as a safe asset,
but for now ethereum was attacked by several negative arguments

no no no no.
don't ever be fooled by the buy walls. they are always fake and will always mislead you. that is their whole points. this is one of the biggest mistakes that you can ever make in this market and it is not just buy walls it is also sell walls.

if you don't believe me next time there is a huge price change (either a big drop or a big rise) start spending some time watching the orderbooks and you will start realizing what i mean as you can witness those "walls" move away from the market price and be placed just deep enough to create that illusion while never being filled.

Whales can move their walls if they will see great falling, I see such things many times. But your information helped thanks)

how did u get this information

as already said above that you never know when the bottom. The ETH price depends to the price of bitcoin very much, so if bitcoin goes to 3000, then the price of the ether will be $ 100