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Is Ethereum At The Bottom? by cryptowallet

View this thread on: hive.blogpeakd.comecency.com
· @cryptowallet · (edited)
$3.02
Is Ethereum At The Bottom?
![](https://steemitimages.com/DQmUyaKhg7PXXuZMyi8N9AWfCEzMa58sCYoZv1qXY4a6NTQ/image.png)
I'm not a financial adviser so take what I say with a grain of salt. Below are three graphs with general prices trends of ETH, each of a different time period. It potentially looks like we are nearing the bottom and will start to climb back up in price. (See below). 

12 Hour Chart
![](https://steemitimages.com/DQmWHfhgeEDkzJ8KEXPeuAQNRtbnFLWAbXfvGF6Ud6wCZXY/image.png)

6 Hour Chart
![](https://steemitimages.com/DQmaiW3gpF1BxssASzS2zTdNdPnS1B9TdwpTimkG3NYsutF/image.png)

2 Hour Chart
![](https://steemitimages.com/DQmYy39DvhBJKsZZacGWRAGivqsyEKmbJUmRtMwdXvYGpHP/image.png)

15 Min Chart
![](https://steemitimages.com/DQmYpFGpkCiPHp1EZk58jiksPofdYd1HbeBgNwUNFQDCdSh/image.png)

Again, it is too soon to tell, and may go down more, but I think the whales are coming. What do you think? Let me know below.

If you like this post feel free to "Resteem" this post and follow me at "https://steemit.com/@cryptowallet"
๐Ÿ‘  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 5 others
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vote details (69)
@aeovian ·
The price going forward will fluctuate.  But a much better entry point here than one week ago.
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@arneljayestimada ·
<center>
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๐Ÿ†•๐Ÿ’ฏ๐Ÿ†™

[ARNELJAYESTIMADAยฎ](@arneljayestimada) in cooperation with
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***this post is chosen as great content๐Ÿ“ƒ๐Ÿ“๐Ÿ“***
You may choose to reject this ๐Ÿšฎ and I will no longer Read, Curate And Upvote your future Post
[**this i reserved my rights๐Ÿ”›**](https://steemit.com/@arneljayestimada)
---UPVOTE---FOLLOW---RESTEEM---
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@bernardstals ·
Vitalik lives! I think it wil climb back up again for sure
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@buster544 ·
I like etherium and bitcoin from just reading about some post. Of coarse bitcoin but I think the buy is in the alt coins. 
  Right now I think buying some steem is next on my list!
Nice post my friend.
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@ccmagee3 ·
He is not a financial advisor? Well, he ain't no chef either. I tried Ethereum, with a grain of salt. Yuct! It tasted terrible. Just kidding. I had to joke, I am so sad with the way our world is heading. I hope digital currency really is a step and not a noose. At least there are people trying. Cross your fingers. Maybe, we are on to something. Keep giving advice. Information is also a way to defeat the chains of debt bondage. Thanks.
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@chitnaingoo ·
good good
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@clayford08 ·
$0.92
Good stuff man. I came to the same analysis.
๐Ÿ‘  
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vote details (1)
@cryptologyx · (edited)
ehhh you may be right rabbit...you may be right!

been taking my profits and stacking them on margin on the way down for the past 24 hours and just reversed the strategy and started going long an hour ago. 

Only time will tell...still wrapping my mind around Elliot fractals for market predicting.

Got plenty of gas for a long trip back up the mountan...just need an alarm bot to help me take advantage of the inevitable dips as well. So tired of the moment by moment day trade scene.
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@fl32biz ·
You're right the ethereum will skyrocket
๐Ÿ‘  
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vote details (1)
@limbodrones ·
like a rocket or a balloon ?
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@galactic123 · (edited)
$0.04
I bought 2 whole Ethereum when he price was around $30.  It was a bit invigorating to see my two whole coins reach around $400 each at some point.  Now that it has gone down somewhat, I feel like Zzzzzzz...   Anyways, holding them. :)
๐Ÿ‘  , ,
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vote details (3)
@hoss403 ·
I think it is.  More importantly, I sure hope so.  I think panic selling along with folks taking in their profits have taken it down significantly.  I still think it is a very strong buy.
๐Ÿ‘  , ,
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vote details (3)
@itsmein3d · (edited)
$6.22
Looks like a bottom.
Sounds like a bottom...
Smells of a bottom ( market ๐Ÿ˜)

I made some moves at what appears to be a bottom. ๐Ÿ˜๐Ÿ˜‰๐Ÿ˜Ž

I think it could be me you bring forward good points and visual references to think over.

Let's see where she goes...
๐Ÿค‘ or ๐Ÿค• ?
๐Ÿ‘  , , , , , , , , ,
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vote details (10)
@jcoins79 ·
Thanks for the info. I see Ether coming down little bit more than heading back up.  My buy price is 220.00 I really see it coming down.
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@kaitlynmoore01 ·
Very good article. I was about to post a similair thread. The biggest group of uneducated investors in mankind get's a shot to determine the price of a crypto. It's an interesting world we live in.  I found this amazing platform: https://www.coincheckup.com The site is my go to place for  crypto investment analaysis and indepth coin research.  Check for example:  https://www.coincheckup.com/coins/Ethereum#analysis For a complete Ethereum Analysis
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@limbodrones ·
We got 2 warnings on the national news by now.
They tell us bitcoin and ethereum is a bubble.
Don't buy they say.
So when the news and banks say no.
We say YES
voted
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@lunz83 ·
I think it is panic selling. It'll bounce back!
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@marcusxman ·
We tend to think in the short term on a day to day basis of what is happening to the price.  If you have confidence in the future of crypto-currencies then you should be loading up more at the depressed prices.  It is a buying opportunity for those who can.
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@mattchutt ·
$0.05
she will be fine :) STEEM ON and thanks for the follow. followedback steemian
๐Ÿ‘  ,
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vote details (2)
@moemanmoesly ·
I think it will, a lot of those losses were due to the flash crash and subsequent panic selling imo. Although i hear there may be problems with the Ether blockchain, but i can not confirm.Thanks for posting. Upvoted and followed
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@morkrock ·
I hope it was the bottom, was lucky enough to buy at $219, can it hit the moon now please!
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@norrko ·
i would hope so.
๐Ÿ‘  
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@protrado ·
Check the reason for ethereum price plunging >> https://steemit.com/ethereum/@protrado/hoax-news-of-vitalik-buterin-s-death-caused-ethereum-to-drop-20-wiping-out-usd4-billion-in-market-cap
๐Ÿ‘  
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@cmrazz ·
I thought it was due to Status selling a large portion of the ETH it just raised during its ICO? That's what had people scared and panic selling.
๐Ÿ‘  
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@erratik ·
I was on 4chan when the rumor started, and ETH was already steadily plunging, though, so I don't think it played as big an  effect as people think...
๐Ÿ‘  
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@rawpride ·
I do worry for ethereum at this point.  I don't think much could turn me into an eth bull at this point.  I think we may see litecoin overtake it in market cap this year.
๐Ÿ‘  
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@limbodrones · (edited)
let us hope so !
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@screenname ·
Re: Is Ethereum At The Bottom?
<p>This post has been ranked within the top 25 most undervalued posts in the first half of Jun 27. We estimate that this post is undervalued by $64.93 as compared to a scenario in which every voter had an equal say.</p> 
<p>See the full rankings and details in <a href="https://steemit.com/curation/@screenname/the-daily-tribune-most-undervalued-posts-of-jun-27---part-i">The Daily Tribune: Jun 27 - Part I</a>. You can also read about some of our methodology, data analysis and technical details in <a href="https://steemit.com/curation/@screenname/introducing-the-daily-tribune-most-undervalued-posts-of-nov-04---part-i">our initial post</a>.</p>
<p>If you are the author and would prefer not to receive these comments, simply reply "Stop" to this comment.</p>
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@slicken ·
Thx for sharing but I dont belive this is the case. Since fear has kicked in bigtime and it started a somewhat bearmarket i expect a 50% - 70% market drop in the upcomming weeks.
๐Ÿ‘  
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@steemit.nemesis ·
$1.20
Thanks for sharing this. Probably you are right. So lets buy some rth.
๐Ÿ‘  ,
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@randowhale ·
This post received a 1.1% upvote from @randowhale thanks to @steemit.nemesis!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!
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@steemking777 ·
is-ethereum-at-the-bottom-comment
great post, as usual!
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@thatgrlbeth · (edited)
I bought at $228 so yea... I'd put money on it : )
๐Ÿ‘  , ,
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vote details (3)
@limbodrones ·
Awesome !
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@theoriginalkage ·
The present says no... no it was not... the future says it's probably still not the bottom...
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@victorier ·
<p>Thank you very much for your sharing! Yes, I am waiting for the bottom (though I don't think I can really catch them.) As I have not yet purchased any altcoin, the price for all altcoin last week is just too high to purchase. So, I think it is a good chance for me. Waiting you to find out the bottom!</p>
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@williebeaman ·
this isn't the bottom from what I have deduced
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