Good To Know: Some ETH Stats

We are still implementing the 2nd generation of AlphaBot. To implement an algorithm that works best we analyzed the past 181 Ethereum 4-hour forecasts.


Within these 181 forecasts we identified 61 of type 'o': the price of the forecast start is located between the 1st and the 2nd dotted trend line.

Here's another example of this forecast type:


And here are our findings:

  • 181 of 181 forecasts were more bullish than bearish

  • 161 of 181 forecasts had at least 1 price in the forecasted period that was within the red / yellow zones

  • 61 forecasts were of type 'o'

  • in 31 of these 61 forecasts ETH crossed the upper trend line

  • in 12 of these 31 cases the ETH price returned back below the upper dotted trend line

  • in 37 of these 61 forecasts ETH crossed the lower trend line

  • in 11 of these 37 cases the ETH price returned back above the lower dotted trend line

  • in 58 of these 61 forecasts the last 2 closings of ETH closed with the forecasted red/yellow zones