Osiris_Finance

ETH 3-hour forecast. Machine learning.

BITFINEX:ETHUSD   Ethereum
Dear colleagues and followers,

We at Osiris Finance are delighted to see you being interested in our posts and forecasts and would like to thank you for all your interaction and feedback. We are 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. However, we would like to inform you that Osiris Finance leaves Sunday as a day off except in case of market going absolutely haywire.

According to the recent news, the most recent round of China’s crypto crackdown has continued, with the Alipay mobile payment processing service banning accounts that are affiliated with over-the-counter Bitcoin trading. This news comes via a report from Beijing News, who broke this news in the early morning on August 24th. The payment processing service in question is the Hangzhou-based (China) Alipay, which is owned by the multi-national conglomerate that is the similarly-named Alibaba, one of the most influential and valuable companies in the world. According to the aforementioned news report, Alipay will now be putting restrictions, or even outright banning accounts that propagate OTC cryptocurrency trading. (Source: ethereumworldnews.co...itcoin-otc-accounts/)

We remind you that Ethereum core developers have held their regular meeting on YouTube August 24 on the progress of client implementation and tests of the Enterprise Integration Patterns (EIPs) for the upcoming Constantinople hard fork. The meeting started with a discussion of the latest updates on the processes of no-proof blockchain tests and the progress achieved on major ETH clients, with one of the devs explaining that there is a need to revamp some of the testing to avoid potential consensus issues. (Source: cointelegraph.com/ne...-bomb-during-meeting)

After the period of price fluctuations followed by the short period when the market was lacking sufficient volatility, the Osiris team has finally bought ETH for $279.45 yesterday at 21:19 and sold for $281.93 at 0:19, generating us 0.85% return. This ETH price rise may be connected with the outcome of Ethereum core developers meeting mentioned above.

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: ETH/USD
High: 281.93
Low: 273.29
Close: 276.16

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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