BitcoinShort
BTC Volatility Forecast 19-25 Sep 2022
BTC Volatility Forecast 19-25 Sep 2022
The current implied volatility is +- 1915$ from the current opening of the weekly candle, 19417$
With this in mind, we have an 80% chance that the market is going to stay within the range:
TOP: 21280
BOT: 17555
At the same time, we can see that the average weekly candle, is around 8.5%
From the technical analysis POV, we can see that our asset is below EMA 50/100/200.
At the same from the volume POV, we can see that currently our CMF is negative, indicating a much higher position on the bearish side.
Lastly, we can see that since June 2022, we have been within a channel of 24/25k - 17.5-18k, so if we are going on the daily close below 17.5, I believe there is a high chance the asset is going to continue the downfall movement.
The current implied volatility is +- 1915$ from the current opening of the weekly candle, 19417$
With this in mind, we have an 80% chance that the market is going to stay within the range:
TOP: 21280
BOT: 17555
At the same time, we can see that the average weekly candle, is around 8.5%
From the technical analysis POV, we can see that our asset is below EMA 50/100/200.
At the same from the volume POV, we can see that currently our CMF is negative, indicating a much higher position on the bearish side.
Lastly, we can see that since June 2022, we have been within a channel of 24/25k - 17.5-18k, so if we are going on the daily close below 17.5, I believe there is a high chance the asset is going to continue the downfall movement.
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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.
🔻My Website: hercules.money/
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
🔻Blog: hercules.money/blog/
🔻Telegram : t.me/hercules_trading
🔻Discord: discord.gg/hudcJvcCAq
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.