What are /r/EthAnalysis' favorite Products & Services?

From 3.5 billion Reddit comments

look at this 12hour candlestick chart: https://www.coinigy.com/s/i/596d9ed7d3128/ in 6.5 hours we will have the 4th candlestick since the rebound come in completed, if that is green (currently red), it will be the FIRST TIME we have four green candlesticks since the bearish trend began, so, this might be a big indicator. it's usually just two green sticks and then red, so 4 green would be extraordinary and might be a signal of a reversing trend. that's all i got.

Someone asked me elsewhere whether I saw a correlation between BCH, ETH, BTC. At first I thought there was none.

Now.

https://cryptowat.ch/kraken/bchusd/5m

https://cryptowat.ch/gdax/ethusd/5m

Looks like BCH traders are moving from BCH to ETH at the moment this trend reversed (BCH started moving off low when ETH fell back off high).

EDIT: Waiting to see if there is a wave 3 here.

EDIT2hrs later: Some occasional divergences. But overall and so far. The inverse correlation is strong with these two!

Anyone here, I recommend keeping an eye on ETHBTC ratio on Polo. Getting out of a 30M/1H Bollinger Band squeeze and testing the double bottom neckline at ~0.0868. If it breaks, ETHFIAT could go below its support line much easier.

https://cryptowat.ch/gdax/ethbtc/1h

ratio still in a descending channel.

You guys see the Blockstream news?

https://blockstream.com/2017/08/15/announcing-blockstream-satellite.html

I apologize if this is not relevant here. I think it is because I think this would be a perfect place for Ethereum to broadcast it's chain. :) Other alts could join in as well. CryptoCoin.Orbit.E_T_

Overall impression of this market is that the Bitcoin run is 'weak'. Ethereum 'weaker'. If BTC tanks, ETH will follow. Follow the ETHBTC ratio against BTC moves to try to get a feeling for where ETH price goes. I do not see a double bottom on ETH yet.. (267 USD on gdax is what we are looking to tap again)

I tried but can't find the link posted in the comments section either here or another sub. The link was for the China blockchain summit and itinerary for the conference. 2pm GMT on the 15th Ethereum Special was listed as the presentation. Your guess is as good as mine as for what that means.

EDIT: Found It http://www.gbcc.co/

Also, more detailed schedule found on Steemit https://steemit.com/china/@justinhsiao/global-blockchain-conference-chengdu-2017

While there is this 4000 eth wall on gdax, now would be a good time to open up a short. According to https://cryptowat.ch/ the price of eth is one to two dollars higher on all other exchanges. Once the wall gets torn down, you could sell for some easy profit.

I'm trying to figure out why the reported trading volumes on OKCoin are so high. It is currently listed as the third most active exchange for BTC for example: https://coinmarketcap.com/currencies/bitcoin/#markets

However, when monitoring their trading data (on https://www.okcoin.com/market.html for example), their volume isn't even close to what other exchanges are hitting. Same story for their ETH pair. Does anyone know why their reported volumes on coinmarketcap are so high?

Bitcoin cash is already being traded on ViaBTC, https://coinmarketcap.com/currencies/bitcoin-cash/#markets

correct me if I'm wrong, I think the current existing BCC volume is coming from BTC hence why BCC's price is already taken out of BTC's market cap ( people gave up their BTC to get BCC)

Also going to post my response to a question about XRP in the correct daily thread....

I personally think XRP is trash. Having said that, there are plenty of ways to successfully trade it for profit. From the research I've done the XRP token doesn't have a real use. Ripple the company is doing a lot of good things but I haven't found a use case for XRP itself. Obviously this is one person's opinion, but I tend to agree with it: http://www.coindesk.com/ripples-xrp-giving-third-largest-cryptocurrency-second-look/

Check out my chart below, since the June 6th peak it hasn't been able to break through a downward trend. It's tried a few times unsuccessfully. I'd only buy it on confirmation that it breaks the trend upwards. If it gets close to that line again and fails to break through, you have a good short opportunity. Another way to play it is to buy around 6300 sats expecting a bounce. https://www.coinigy.com/s/i/596ba13119a4f/

I was thinking we hit ATH again (420). Market seems to have legs. I'm mixed on volume (always feels weak, but when I look there was 'some').

Over $5K USD total on BTC/BCH with BTC itself looking to hit $5K.

I know this is a ETH sub, but I'm convinced BCH is going to pump hard here. When? Hard to say but I think it is possible to hit $1k or higher on that if BTC smashes $5k and starts working on 6k. I already have some and am not pumping BCH, just commenting.

IF $5k BTC happens I expect all other coins to be pulled up. I think I worked a number suggesting $600 ETH with BTC at 4K was .15 and quite doable. With BTC at 5 or 6k and same .15 ratio (not sure we'll get to that with BTC moving so fast) would be 750 to 900 on ETH. I'm thinking we sit more at the .1 ratio for a while. So BTC 5k with .1 ratio means ETH $500 at least.

Unclear the time frame here, but if I know big players they are going to want to aim high in September, crush it during the segwit2x October/November HF fiasco, and then push everything (big money will start coming in to crypto in big ways to put market new ATH to kick off 2018.

This might be a fantastic way to kick start the sagging economy to start with a Central Bank FIAT give away in crypto to the nerds who will spend it vs. the finance people who aren't. A cryptomarket cap of $1T, $10T or $100T - whatever it takes. The winners, - the crypto holders and buyers and as they spend, everyone in the economy.

Show holders the MONEY$$$$!!

May your targets be hit and exceeded!

Trade well.

EDIT: Took a look at BTC and ETH.

https://cryptowat.ch/kraken/btcusd/6h

https://cryptowat.ch/kraken/ethusd/6h

Looks to be a bull flag on both BTC and ETH.

The price would have to drop below the most recent low to destroy the ascending triangle. On Gemini, that low is 221 (https://cryptowat.ch/gemini/ethusd/1h) - meaning if we see price move below that level with high volume than the bears are firmly in control. Additionally, like you had said in your comment: if we continue to see consolidation at these levels than the ascending triangle is also dead. And then perhaps we have a bullish continuation symmetrical triangle or a possible bearish reversal back to the 100's.

I believe I do have a good reason.

I shared your opinion until recently, until I found out that Poloniex ETHBTC pair has the highest trading volume of any ETH pair (outside of Asia), and usually the difference between Polo and GDAX/Gemini is massive. While ETHBTC is referred to as ratio (which is correct), you should look at it as a trading pair.

2 days ago when BTC broke $2250, I expected ETH to start testing $175 immediately, but it surprisingly kept bouncing off $180, even went to $190. One of the main reasons was the ratio, which broke upwards, and I didn't account for that. Now, I was keeping an eye on it and how the price was testing an important support line, and deduced that if it breaks, ETH will likely blow through $175 even before BTC comes back under $2000. Well, ETHBTC broke downwards, and the rest is history.

Now, disclaimer: I've only been looking at the ratio for the past 2 days, so it's entirely possible that I'm overestimating its impact. But I will be keeping an eye on it as it seems more important to me now, and I would suggest you to do the same. If you observe it for some time and deduce that the ratio doesn't mean much, then that's fine. But you can at least give it a go. Apply TA to it and shit, treat it like any other ETH pair.

Just my 2 cents.

I personally think XRP is trash. Having said that, there are plenty of ways to successfully trade it for profit. From the research I've done the XRP token doesn't have a real use. Ripple the company is doing a lot of good things but I haven't found a use case for XRP itself. Obviously this is one person's opinion, but I tend to agree with it: http://www.coindesk.com/ripples-xrp-giving-third-largest-cryptocurrency-second-look/

Check out my chart below, since the June 6th peak it hasn't been able to break through a downward trend. It's tried a few times unsuccessfully. I'd only buy it on confirmation that it breaks the trend upwards. If it gets close to that line again and fails to break through, you have a good short opportunity. Another way to play it is to buy around 6300 sats expecting a bounce.

https://www.coinigy.com/s/i/596ba13119a4f/

I honestly see a $1T entire crypto market likely within 36 and no more than 60 months. I think it will be this $1T mark that will get legislators not just to stand up and take notice, but act toward legislation more. I think $1T could happen faster but this will just lead to market correction, which may also lead to more legislation. We are already moving almost parabolic again on BTC. Take a look at the 1 week.

https://cryptowat.ch/gdax/btcusd/1w

Do you really think there is a 'massive' increase in volume? I'm just not seeing it.

https://cryptowat.ch/gdax/btcusd/12hr

one thing - as to the tone. hey we all get edgy. Just apologize and move on. I really wish this for those in r/Btc and less so in r/Bitcoin .. We can all be right - at least twice a day for a dead clock and better we all CAN and WILL make money if we have patience, info, and achievable goals.

How useful is using short candles i.e 5, 15, 30 min when looking for trends. Looks like a head and shoulders pattern is forming on the BTCUSD Gdax 15 min candles.

https://cryptowat.ch/coinbase/btcusd/15m

edit 1- broke up :-(