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Author Topic: if ETH hold above 168, downtrend will be over.  (Read 2684 times)
samir1995
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September 28, 2019, 03:05:56 PM
 #1


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish
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September 28, 2019, 08:55:01 PM
 #2

Maybe you're right.
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September 28, 2019, 09:09:25 PM
 #3

The downtrend is across the entire crypto industry. You need to look at the big picture instead of just focussing on aetherium or any other single cryptocurrency. If you look at all the cryptocurrencies in the past month, will actually the past few days they have dipped a lot. For example, Bitcoin was worth $10,000 a few days ago, and now is worth only 8,000.

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September 28, 2019, 09:25:36 PM
 #4

I agree with your opinion as far as I see, Ethereum is also showing signs of recovery with the current price of $ 174.81 but if any adverse effect is very likely to be the bear market is going to happen so let's team up.
I think Ethereum will be able to thrive. For example, after the last seven days of severe price slump to $ 167, but there is a sign of a $ 174 return, I believe Ethereum will return.

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September 28, 2019, 10:25:12 PM
 #5


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish


i think now market still on consolidations my friend
because global market capitalizations of cryptocurrency still run above 200 billion USD
thats mean the bears already over few months ago, except if the cap down below 200 Billion USD,
maybe the bears will come back in crypto market





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September 28, 2019, 10:42:09 PM
 #6

ETH might likely go above 200$ just soon since there is positive development news (ETH 2.0 on the way). A lot of accumulation for ETH reason why I bought some at 166$ two days ago.  I might be wrong but I do think it's a good time to buy more ETH, the market is unpredictable though.

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September 28, 2019, 11:35:28 PM
 #7

Its movement was slower than its recovery although this is much better. The slower the better for me, as we can see the growth is real and there's no more hype about Ethereum.

We'll finally see the true growth for this coin unlike the last years, it wasn't really a natural growth because many have been buying to it due to the hype of ICO.


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September 28, 2019, 11:49:58 PM
 #8


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

no one knows where the price of ethereum will go but im pretty sure ethereum wont go dowm below 150$. We are entering the bull season and this might help bitcoin and altcoin to recover.





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September 28, 2019, 11:51:14 PM
 #9


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

I do not agree with your opinion when making comments based on the price of Ethereum. There are many factors to determine the market trend, but I do not think that based on the cost of any altcoin can decide that. There are too many events that have negatively affected the market over the past few days, and that is why the market gets worse. However, it has begun to recover today, which is amazing. I believe that shortly, the market will become more stable.
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September 29, 2019, 12:02:20 AM
 #10

That's not enough conclusion because I saw ETH price last gain 10$ from its past price then suddenly it drops to under $100.
the worst ETH I've ever seen the hope that it will never go that far again because I have some in my wallet waiting for it to get to $300 so that I'll be able to withdraw it from another exchange which has a required minimum withdrawal fee.

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September 29, 2019, 12:43:10 AM
 #11

The struggle between the bear and bull is still playing some active role and the eth price directions can not be determined despite that there is a pull back from 168 to fairly above 170, we should watch out today for retracement and btc price consolidations.
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September 29, 2019, 12:55:19 AM
 #12

We are now above $168 and reaches more than $170. But I am not sure that the bear will be over after this. We still need to wait for more as the market now can go down again. But if we visit on the exchanges, we see that the altcoin price is trying to make a change and of course, that will bring new hope to us to see the increase in the price.

We will see the bull market soon, and no matter how long we wait, the bull market will come to us. I am a little bit happy to see the market has changed from the red candle to the green candle, and that happens too with Ethereum. I wonder what will happen in the next week and if the situation is like this, then we will see a good movement from the market.

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September 29, 2019, 01:47:17 AM
 #13

Its movement was slower than its recovery although this is much better. The slower the better for me, as we can see the growth is real and there's no more hype about Ethereum.

We'll finally see the true growth for this coin unlike the last years, it wasn't really a natural growth because many have been buying to it due to the hype of ICO.
The value of ETH changes over time and this year this coin doesn't bring much value in investment because most people tend to participate in IEO at more top exchanges. I think ETH needs a new strategy to change this market because investment demand this year is so low and we cannot predict the future of this coin. In fact, we have seen a lot of big discounts so this year the price of ETH could be lower than $100 any time.

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September 29, 2019, 01:58:20 AM
 #14


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

no one knows where the price of ethereum will go but im pretty sure ethereum wont go dowm below 150$. We are entering the bull season and this might help bitcoin and altcoin to recover.
I don't think now it's the bull season. Bullish for crypto has been ended when bitcoin hit $13k and now the price starting to goes down again, since past week, crypto price is on downside. Why you can sure ETH won't drop to $150? We ever seen ETH at $88 when it got dumped

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September 29, 2019, 02:24:31 AM
 #15


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

My answer is no. When the market has just experienced a terrible storm, traders or speculators always wish to get their capital back quickly and they want the market to be pumped back.
If it stays above $ 168 without a strong pump, the speculators' vulnerability will gradually increase and the accumulation of depression will continue to sell off to avoid the whales. panic sell first.
This has been the general sentiment of the crypto market in the last 3 trading years when it became hot. So, be careful and always set stoploss for yourself.

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September 29, 2019, 02:43:46 AM
 #16


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish

Again market it is little drop so we never predict it will going to moon or bearish. If you hold trading sites you can fix the 169 USD trade limit. Because it will go down below the value automatically it can exchange to your desire coin. If you hold for long term surely it will going to peak again so stay strong in Ethereum. I hope end of the year we see some good hype on all the coin.

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September 29, 2019, 02:44:42 AM
 #17


if ETH hold above 168, downtrend will be over.
just an idea, the market is still very weak and bearish


And if the market is very weak and bearish, how come you are predicting an end of the downtrend?

The way I see it, straight horizontal lines are very dangerous. It could go down or it could go up. And there is a very thin line in between these possibilities. In comparison to downward line, you can predict that sooner or later there will be a rebound, and vice versa. With a horizontal line, there is so much uncertainty.

ETH could actually go either way but who is worried? ETH is ETH. It will always recover in due time.

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September 29, 2019, 07:21:46 AM
 #18

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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September 29, 2019, 07:33:39 AM
 #19

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.


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September 29, 2019, 07:44:03 AM
 #20

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.
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