Ethereum / TetherUSShort
ETH Weekly Volatility Forecast 26-30 September
ETH Weekly Volatility Forecast 26-30 September
Currently our volatility coming from volatility token for ETH is at 13.92%, increasing almost double from 6.05%of last week, located on 77th percentile, placing us in a high probability volatility environment
Based on the previous calculations, there is currently a 28% chance that the asset is going to break the channel for
TOP 1475
BOT 1114
At the same time, based on the previous calculations:
- There is a 52% chance that the previous low from last week of 1220 is going to be touched/surpassed.
- There is a 28.5% chance that the previous high from last week of 1408 is going to be touched/surpassed
We can deduct that we have a much higher probability to have a continuation of bearish candle than bullish.
On average the weekly candle when the asset was located around this percentile are 10.22% for bull candles and 11.54% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP coming on thursday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
Currently our volatility coming from volatility token for ETH is at 13.92%, increasing almost double from 6.05%of last week, located on 77th percentile, placing us in a high probability volatility environment
Based on the previous calculations, there is currently a 28% chance that the asset is going to break the channel for
TOP 1475
BOT 1114
At the same time, based on the previous calculations:
- There is a 52% chance that the previous low from last week of 1220 is going to be touched/surpassed.
- There is a 28.5% chance that the previous high from last week of 1408 is going to be touched/surpassed
We can deduct that we have a much higher probability to have a continuation of bearish candle than bullish.
On average the weekly candle when the asset was located around this percentile are 10.22% for bull candles and 11.54% for the bear candles from the opening price.
From the fundamental point of view, news that can affect this asset price this week:
- CB Consumer confidence and Powell Speech for Tuesday 27 Sep
- Powell Speech for Wednesday 28 Sep
- US GDP coming on thursday 29 Sep
Overall I believe for this week there is higher chance due to the overall global activity to have another bearish weekly candle.
🔻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.