Osiris_Finance

BTC 3-hour forecast. Machine learning.

BITFINEX:BTCUSD   Bitcoin
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 Bitcoin is bouncing off the bottom of its ascending channel on the 1-hour chart and might be due for a move back up to upside targets. The Fibonacci extension tool shows where bulls might book profits if the uptrend resumes. The 38.2% extension lines up with the mid-channel area of interest around the $6,600 level while the 61.8% extension is closer to the swing high and channel resistance. (Source: ethereumworldnews.co...ext-bullish-targets/)

Coinbase, one of the largest crypto exchanges, has announced a plan to “rapidly add” new assets to its system through open applications by sharing an online form, which has to be submitted by the projects who desire to list themselves on Coinbase. Currently, Coinbase supports Bitcoin, Bitcoin Cash, Litecoin, Ethereum and Ethereum Classic. The plan going forward is to add as many cryptocurrencies and tokens as possible, while adhering to a set of guidelines. The new form includes what investors would typically expect: not being classified as a security and not preventing Coinbase from performing Anti-Money Laundering checks on their customers. (Source: coinjournal.net/coin...-opens-applications/)

One of the largest internet technology firms on the planet, Mountain View, California-based Google is reversing its stance on cryptocurrencies, removing a a widespread blanket ban over cryptocurrency-related advertising, including initial coin offerings (ICOs), wallets, and even trading advice, that went into effect in early 2018. Since then, the cryptocurrency market has suffered wild price swings and a steady, overall decline in value due to the lack of visibility luring in new investors. However, according to a new update to its Financial products and services policy, the platform will begin allowing regulated cryptocurrency exchanges to advertise in the United States and Japan. (Source: www.newsbtc.com/2018...-cryptocurrency-ads/)

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: BTC/USD
High: 6487.0
Low: 6410.4
Close: 6465.5

According to our machine learning models, the system has recommended not to trade 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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