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Author Topic: Ethereum Bullish trend  (Read 595 times)
NathanJB
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October 06, 2019, 03:39:10 AM
 #21

I am looking at the chart of Ethereum at this very minute. And it appears red. So the bulls are not here. And there seems to be no trend showing that either. Well, Bitcoin and most of the altcoins are also in red, although with very small percentage. ETH has currently a 0.55% decrease in price. That is not something to be bothered about. It could go either way in the next hour or two. ETH needs to break $200, to get out of this $100 limit and appear bullish.
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October 06, 2019, 07:24:49 AM
 #22

I still understand and read whether the bull market will arrive soon or not because the news either from blogs or published on social media is sometimes always different in source but a friend said maybe soon Eth will get stronger and I still need something to strengthen me dare to collect eth.
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October 06, 2019, 08:02:28 AM
 #23

Notwithstanding this potential bearish difference, various analysts are observing that bulls get a chance to switch the continuous downtrend and drive Ethereum higher in the nearby term
Anyone with a blog or a social media presence can be called an analyst and that is the world we live now a days. If someone think that the bullish trend in ETH will be here anytime soon, they need to come up with a good explanation on why that is rather than giving out charts and other data which are just bogus in my experience in the market. The ETH market exploded when the token market was in full swing and now we have a clarity that majority of the tokens were scams or the projects have shut down. So what makes ETH interesting again, my answer for now is none. I have bitcoin and i am happy with it and that does not mean that i am not holding ETH, i used to mine ETH and i am holding a huge amount and if the price rallies then i will be more than happy to off load everything Smiley.

I hope you don't dump it all when sudden rise of value initiated quickly. This might caused sudden price fall, and it triggers possible panic. If you're holding too much don't sell them at once, it could be done by batches and if you don't really need the funds badly, alway keep holding until such time ethereum reaches the expensive one.

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October 06, 2019, 08:06:35 AM
 #24

Notwithstanding this potential bearish difference, various analysts are observing that bulls get a chance to switch the continuous downtrend and drive Ethereum higher in the nearby term
Anyone with a blog or a social media presence can be called an analyst and that is the world we live now a days. If someone think that the bullish trend in ETH will be here anytime soon, they need to come up with a good explanation on why that is rather than giving out charts and other data which are just bogus in my experience in the market. The ETH market exploded when the token market was in full swing and now we have a clarity that majority of the tokens were scams or the projects have shut down. So what makes ETH interesting again, my answer for now is none. I have bitcoin and i am happy with it and that does not mean that i am not holding ETH, i used to mine ETH and i am holding a huge amount and if the price rallies then i will be more than happy to off load everything Smiley.
No explanation can be convincing for a sober-minded person. We do not know the future. And believing others in word can be bad for investments.
And the recent rise vs BTC may be another trap. Indeed, in fact, now there is no reason for the ethereum rise. Although it looks encouraging.

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October 06, 2019, 09:00:16 AM
 #25


It creates the impression that ETH’s bulls and bears are correct currently verified a tight battle that will make sense of which heading it floats straightaway, as Big Chess, an unmistakable crypto analyst on Twitter, explained in a tweet from the past night that the crypto is giving a couple of signs of bearish uniqueness on its 12-hour chart.

Notwithstanding this potential bearish difference, various analysts are observing that bulls get a chance to switch the continuous downtrend and drive Ethereum higher in the nearby term, anyway only to the extent that it moves above $181 before the step by step close later today. UB, another standard crypto inspector on Twitter, discussed this credibility in a continuous tweet, telling his enthusiasts that he sees a close by above $181 as bullish for ETH, yet what’s more, saw that a close by underneath $174 would discredit any bullishness.

News Source: TheCoinRepublic

First of all, i was going to disagree but after studying the source, it's pretty interesting take and gave me lot to think about so thanks.
I have made much better predictions on the long run then in a short time, so long time ago i was sure that eth would start bull run around this time or in august would be the bottom. Now i when it dropped before august i am constantly second guessing myself even though i have no reason to do it. I have too many opposite ta projections to think clearly so it feels good to have more thoughts supporting my original plan.

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October 06, 2019, 09:27:23 AM
 #26

It's difficult for ETH to establish any sort of tangible uptrend while BTC is still sluggish, that's just my opinion.

It could rally against BTC, but at the end of the day, it will be significantly harder to generate FOMO the size of 2017 when the value of ETH in relation to USD isn't increasing. And that ultimately is what drives price hikes in the majority of altcoins, including ETH in this case.

I'd say that ETH wouldn't be the most terrible investment right now, but I'd look at the 0.02 BTC support and clarify that first before entering the market.
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October 06, 2019, 09:31:27 AM
 #27

I still understand and read whether the bull market will arrive soon or not because the news either from blogs or published on social media is sometimes always different in source but a friend said maybe soon Eth will get stronger and I still need something to strengthen me dare to collect eth.
We are still living in hopes and seeing sooner a bull run. A lot of blogs and news focusing on crypto, some of them are in negative and positive thoughts. Not actually where to believe nor to say whos telling the right but we are just the same, it is all their speculations and we have different market perspectives as well.

This will be all a market drama, it is just talking and far from what it really happen in the future. There is no crystal ball in crypto where we could see what next.

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October 06, 2019, 09:43:12 AM
 #28

ethereum has a lot of good news but ethereum will not be able to go up if no one buys it, which means that good news is not enough, now there must be investors who really support ethereum to be able to raise their prices.

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October 06, 2019, 10:12:11 AM
 #29

ethereum has a lot of good news but ethereum will not be able to go up if no one buys it, which means that good news is not enough, now there must be investors who really support ethereum to be able to raise their prices.
The price of ETH will always be depend on demand and use cases of the coins.
Firstly what do you think the reasons for ETH to increase its pricr do you think there are still demand with ETH with this market situation?

Before, i hold also ETH morethan 20 eth but decided to sell it because i feel that something wrong will happen in ETH market. Which is happening right now.

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October 06, 2019, 10:48:11 AM
 #30

I am looking at the chart of Ethereum at this very minute. And it appears red. So the bulls are not here. And there seems to be no trend showing that either. Well, Bitcoin and most of the altcoins are also in red, although with very small percentage. ETH has currently a 0.55% decrease in price. That is not something to be bothered about. It could go either way in the next hour or two. ETH needs to break $200, to get out of this $100 limit and appear bullish.

No need to tell us how the charts look my friend, we all have eyes.

I don't understand why everyone is making such a huge fuss about the current stage. Have we forgotten ETH was only a few months ago at $90? Or even less?

Any altcoin almost if you see today's stage compared to the yearly low is in almost 100% profit. What's the big deal?

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October 06, 2019, 11:16:48 AM
 #31

ethereum has a lot of good news but ethereum will not be able to go up if no one buys it, which means that good news is not enough, now there must be investors who really support ethereum to be able to raise their prices.
That good news is an effort to bring in investors who will increase ethereum demand in the market. without good news for the future, I am sure there will be no investors who will invest even in assets as large as ethereum. basically, the update is the main way to convince investors and traders that the product is still running and being developed.

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October 06, 2019, 12:07:56 PM
 #32

I still understand and read whether the bull market will arrive soon or not because the news either from blogs or published on social media is sometimes always different in source but a friend said maybe soon Eth will get stronger and I still need something to strengthen me dare to collect eth.
ETH platform is a very promising that it will sure soon have it's time. I still buy and hold some whenever I have extra earning. I'm still holding ETH and BTC even after 2017 ATH and just use other alts for trading. Let's just hope it will come soon so all our holdings and waiting will all worth it.

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October 06, 2019, 12:15:05 PM
Last edit: October 07, 2019, 12:15:13 PM by bitsurfer2014
 #33

Nowadays I don't really believe on price forecasts and press releases on crypto markets as they often disappoints expectations of the people. But assuming this is true, then I believe that not only Ethereum  will flourish but all the other major alts as well!

Are you implying that Ethereum price will only rise when the bull market for altcoin come?

More or less yes I am! since I consider ETH as the premier altcoin next to Bitcoin and also ETH has also market pairs with other altcoins that I think its price is correlated with them in one way or the other.


In fact even right now, I don't think Ethereum is bullish but considering its overall network value and its ever growing ecosystem, then there is a very high chance ETH's price could recover in a matter of months and even reach its ATH before, its just that we don't know yet the exact time frame on when this will likely to happen again,  hopefully very soon! Smiley

There was a small hope on the previous week but that was just a bull trap since after reaching $200+ it goes back to sub $200, seems a higher low event.  As of the trend I think ETH is still on the current bear market.

I believe so. It is not only ETH thas has suffered from these market uncertainties but all the altcoins as well! Yet if we see ETH in a long perspective, together with its rising fundamentals, ETH will eventually rebound at the soonest time possible. Imho.
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October 06, 2019, 12:47:39 PM
 #34

I still understand and read whether the bull market will arrive soon or not because the news either from blogs or published on social media is sometimes always different in source but a friend said maybe soon Eth will get stronger and I still need something to strengthen me dare to collect eth.
ETH platform is a very promising that it will sure soon have it's time. I still buy and hold some whenever I have extra earning. I'm still holding ETH and BTC even after 2017 ATH and just use other alts for trading. Let's just hope it will come soon so all our holdings and waiting will all worth it.
everyone is waiting for him. but what is happening in the market does not show a good signal for ETH to be able to produce a strong pump. now ETH has not improved, but just like you, I also believe ETH can get pumps again in the future.

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October 06, 2019, 12:53:32 PM
 #35

It remains for us to observe and believe in ETH. I think that we will not see strong growth, but I hope that the price will finally begin to grow.
It will and we have to wait for that, i do support ETH and I want the current price because its a good opportunity to increase the holdings of ETH. If we buy during bear market you wont regret it after a months or year because the bull is soon to come, we might see higher prices with ETH above $300 again at the end of the year.

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October 06, 2019, 01:56:16 PM
 #36

It remains for us to observe and believe in ETH. I think that we will not see strong growth, but I hope that the price will finally begin to grow.
It will and we have to wait for that, i do support ETH and I want the current price because its a good opportunity to increase the holdings of ETH. If we buy during bear market you wont regret it after a months or year because the bull is soon to come, we might see higher prices with ETH above $300 again at the end of the year.
this will never happen if we will only believe.better purchase also right?
i have couple of dozen in my folio and i am adding at least 1 or 2 each week or another with this i am helping the market and also helping myself
just keep calm and buy nothing will go wrong if we continue the support
and dont rush market is still bleeding so the situation is neutral and fair

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m.rifki
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October 06, 2019, 02:50:26 PM
 #37


I like to increase my cryptocurrency portfolio. In connection with the crisis in the market, I consider my cryptocurrency portfolio to be physically filled with crypto assets, I can not convert it to the US dollar.
what do you expect? Have more assets in your portfolio? so now you do, the market is really good if you want to buy it. but to sell you should not, or buy with assets that you have with other assets. it is a loss.
ETH itself is down, and there is a possibility that this will continue down and deeper. just wait for how they work in the market.

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October 06, 2019, 02:52:42 PM
 #38

Now many crypto enthusiasts there are so many opinions, often happens that their opinions coincide, everyone sees on the chart some kind of figure showing growth, but suddenly something happens and the price goes lower and they all see other one figure that they have not seen before. You can expect anything, but have to buy in fact of growth.
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October 06, 2019, 02:59:37 PM
 #39

I still understand and read whether the bull market will arrive soon or not because the news either from blogs or published on social media is sometimes always different in source but a friend said maybe soon Eth will get stronger and I still need something to strengthen me dare to collect eth.

ETH price not at bullish trend. Because BTC doesn’t not give permission to any coin go on bullish.
Today market start to crash again by BTC. By the way ETH is one of the strongest coin which resist to BTC movements.

As we consider ETH 2.0 and staking functionality of ETH which is planning for January 2020, it is possible to see bullish trend from ETH earlier than other coins.
As ETH is the signal of alt seasons, we may see alt season with ETH
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October 06, 2019, 03:11:12 PM
 #40

Now many crypto enthusiasts there are so many opinions, often happens that their opinions coincide, everyone sees on the chart some kind of figure showing growth, but suddenly something happens and the price goes lower and they all see other one figure that they have not seen before. You can expect anything, but have to buy in fact of growth.
The fact is that it is very difficult to predict any results on the cryptocurrency market and almost always all forecasts do not coincide with reality.  Although in a stable market for the analysis of indicators, it is possible to predict the development of events for a certain period, but not in the current situation.  It seems to me that what is happening with ETH can only change if the team works to improve the ethereum, which will increase the technical characteristics, including the speed of transactions, which in turn will attract more investors.  But the future of ethereum depends on us, and more precisely on our investments.

#business #forextrader #bitcoinnews #invest
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