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Author Topic: Analysis ETH  (Read 9477 times)
irixo10
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December 01, 2016, 02:32:58 PM
Last edit: December 01, 2016, 03:05:51 PM by irixo10
 #1

Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.

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December 01, 2016, 02:58:23 PM
 #2

Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
If bitcoin up trend continuous for next few days, that support point could be broken. Better not to touch ETH right now....Wait and watch situation, if bitcoin price get some correction ETH price can get some push.
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December 01, 2016, 03:03:29 PM
 #3

 Wink You are in all reason and btc possibly break strongly the resistance of 765$, better wait or sell ETH

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December 01, 2016, 03:58:47 PM
 #4

this type of analysis is never going to work for altcoins and it only works a little for bitcoin and more for bigger markets like Forex.

If bitcoin up trend continuous for next few days, that support point could be broken. Better not to touch ETH right now....Wait and watch situation,

this is how you mostly speculate altcoins not with charts. bitcoin price is rising and as it happened before, ETH price falls with that rise.

Quote
if bitcoin price get some correction ETH price can get some push.

bitcoin correction will only be back to $730 at worse case scenario and there is not much rise yet to come back anyways!

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December 01, 2016, 04:07:11 PM
 #5

If exact correlation is a large majority of cryptocurriences

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December 02, 2016, 02:09:24 AM
 #6

the trend for ethereum is still going down in under 0.010 maybe like OP said in under 0.009, and for bitcoin, i see that the trend is going up but it hard to say how much will it be increase because its all depend on what is going on market and the traders.

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December 02, 2016, 06:07:32 AM
 #7

Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.

Ethereum chart



I dont know much about the chart but one thing is sure that if you are going for buying then you can just split and buy so their if their is more crash in ETH  then you should be in position to buy some more on lower rates. About Bitcoin i dont think that right now their is any selling pressure in Bitcoin my next target of Bitcoin is $800+ within short time it may be in two or three weeks time like nearly before 20th december 2016. Its just my view on the current market of bitcoin
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December 02, 2016, 06:31:35 AM
 #8

Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
If bitcoin up trend continuous for next few days, that support point could be broken. Better not to touch ETH right now....Wait and watch situation, if bitcoin price get some correction ETH price can get some push.
End phase of the green lamp of bitcoin touch alt was so risky. But it is the best time for buy some ETH if we are the ETH bag holder. But the future of ETH can't be predicting.

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December 02, 2016, 01:25:08 PM
Last edit: December 02, 2016, 01:35:38 PM by irixo10
 #9

 Huh I would expect a little more for ETH, if BTC was shot above 1000 $ ETH could go to 0. 00235000  Huh

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December 02, 2016, 04:42:06 PM
 #10

If exact correlation is a large majority of cryptocurriences

correlation exists between bitcoin price and most of the altcoins not all of them. and this correlation is the most obvious in altcoins which are being traded with both BTC and USD at the same time.

Huh I would expect a little more for ETH, if BTC was shot above 1000 $ ETH could go to 0. 00235000  Huh

ETH will get there even without bitcoin shooting up to $1000 and it has already started to go down and when ETH goes down lots of panic sells start which will push further down.

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December 02, 2016, 04:56:56 PM
 #11

The technical analysis works for the larger crypto with high volumes, now ETH broke the support of 0.01 confirms the fall.

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December 11, 2016, 06:52:13 AM
 #12

Bitcoin might break $765 before end of the year 2016, it mean Eth might have know any further option than continued going down. Remember what other has said here eth will continue going down until some negative fundamentally issued happen to bitcoin.
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December 11, 2016, 06:56:30 AM
 #13

Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
If bitcoin up trend continuous for next few days, that support point could be broken. Better not to touch ETH right now....Wait and watch situation, if bitcoin price get some correction ETH price can get some push.

I think it happened before because people are selling / dumping their ETH for BTC. They are converting their BTC to fiat since bitcoin is rising now. Other altcoins are also affected,for traders this is an opportunity to buy Smiley

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December 11, 2016, 07:51:58 AM
 #14

Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.
If bitcoin up trend continuous for next few days, that support point could be broken. Better not to touch ETH right now....Wait and watch situation, if bitcoin price get some correction ETH price can get some push.

I think it happened before because people are selling / dumping their ETH for BTC. They are converting their BTC to fiat since bitcoin is rising now. Other altcoins are also affected,for traders this is an opportunity to buy Smiley

ETH price versus BTC is going down because bitcoin price in USD is going up that part is happening automatically but when this happens people start dumping more in order to have more bitcoin (not the same amount of USD) that creates a dumping wave that will cause a bigger price drop leading to more dump and as bitcoin price rises more this effect becomes more severe.

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December 11, 2016, 08:39:37 AM
 #15

if last 2 week you buy ethereum in price 0.009 bitcoin
and you not cut lost its accedent ethereum price down 0.008 bitcoin
this now you can much profit

trend now still down price, until in end year ethereum price can down, its now ethereum price incraese only corection price and then down again
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December 11, 2016, 08:56:26 AM
 #16

if last 2 week you buy ethereum in price 0.009 bitcoin
and you not cut lost its accedent ethereum price down 0.008 bitcoin
this now you can much profit

trend now still down price, until in end year ethereum price can down, its now ethereum price incraese only corection price and then down again
Remember too many FUD was saying if the price will still going down more and more. But where from you was saying if it the correction price? Totally you can put some of your reason for that, The price was being unpredictable, Like the Bo Shen cases, everyone won't think it will happen.

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December 11, 2016, 12:58:13 PM
 #17

this is just my Analysis about ETH yeah i can say price is cheap now but you know what ? i think that effect Bitcoin price just remind you ETH has a good community i belive price will be recover soon..lets say in the next years Grin
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December 11, 2016, 01:25:00 PM
 #18

this is just my Analysis about ETH yeah i can say price is cheap now but you know what ? i think that effect Bitcoin price just remind you ETH has a good community i belive price will be recover soon..lets say in the next years Grin

price of ethereum is highly unlikely to ever recover. next year as bitcoin price becomes more stable and market returns to its calm days, there may be some new pumps but i really don't think it can ever go back to its ATH

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December 12, 2016, 01:57:20 PM
 #19

The trend is still bearish, if it exceeds 0. 01369 could go up, time and graphics will tell us

Ethereum chart


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December 12, 2016, 02:45:19 PM
 #20

Bearish trend, I expect to buy, the support is in 0. 00900000, we hope it stabilizes there, if it breaks would be problematic.

Ethereum chart



It's hard to buy eth as of the moment considering its reliance on the price of bitcoin which is very bullish right now, so if this trend continues it might be better to short the current price of eth.
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