BTCUSD Weekly Volatility Forecast 31/10 - 04/11 2022
Currently the volatility for this week is around 8.6% , down from expected 9% last week.
According to ATR calculation, currently the volatility is located around 46th percentile.
Under this circumstances the expected movement of the candle is :
BEAR : 7.4% from the opening point of the weekly candle
BULL : 5% from the opening point of the weekly candle
At the same time, currently there is 31.7% that the movement within this weekly candle is going to
break and close either above or below the next channel:
TOP: 22484
BOT: 18773
Lastly, taking into account the previous weekly high and low there is a :
70% chance that we are going to touch the previous week high
27% chance that we are going to touch the previous week low
Currently the volatility for this week is around 8.6% , down from expected 9% last week.
According to ATR calculation, currently the volatility is located around 46th percentile.
Under this circumstances the expected movement of the candle is :
BEAR : 7.4% from the opening point of the weekly candle
BULL : 5% from the opening point of the weekly candle
At the same time, currently there is 31.7% that the movement within this weekly candle is going to
break and close either above or below the next channel:
TOP: 22484
BOT: 18773
Lastly, taking into account the previous weekly high and low there is a :
70% chance that we are going to touch the previous week high
27% chance that we are going to touch the previous week low
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔻Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Trader Psychology Profile – thelumenism.com/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.