$VIX 's strong chart indicates an incoming volatility#vix volatility index chart made double bottom and W bounced. The bullish movement will likely continue even more while the chart made bullish flag in lower time frame.
Also recent days #dxy dollar index chart made a bullish breakout and while VIX and TVC:DXY are both getting stronger, this will not likely be good for #btc #altcoins #stocks etc. I think something is cooking... Better not to be over greedy. Not financial advice.
Volatiliy
DAX Weekly Forecast 10-14 October 2022 DAX Weekly Forecast 10-14 October 2022
We can see that currently the volatility is around 4.25% for this week, falling from the 4.53% from the last week.
Currently there is around 18.2% that the asset is going to close either above or below the channel:
TOP 12727
BOT 11623
The current volatility percentile is around 90th, placing us in a very risky environment. With this situations in general the market moves:
AVG weekly bull candle = 1.83%
AVG weekly bear candle = 2.5%
At the same time, there is currently a 73% that we will touch the high of previous weekly candle of 12674
and there is a 26% that we will touch the low of the previous week of 11894
From the technical analysis point of view:
The majority of moving averages ranging from 10 to 200, are currently around 80% agreement that the market is in a bearish trend ( the current price is below those moving averages)
📊Crypto in summer! Volatility mode will be ON soon!Press the "Like"👍 if you still remember how altcoins grow by 50% a day. Are you waiting for that time again?
📊Volatility is the % change in price over a period of time. In summer it is very low, because the price neither falls nor rises, i.e. in most cases it is in consolidation. But when it return to the crypto and you can grow your depo? Let`s get into details.
As you can see on the chart, 5 out of the 7 summer periods the price has been in consolidation and almost unchanged in comparison to the other periods of the year.
📊Why is volatility so important to traders? To open successful trades, the price should either rise or fall. If the price stands still, the trader's profit does not change.
If you just came to the markets and you think you fail, you should not worry. It's not only your skills, but also the lack of volatility. And with the beginning of a bull market, even the most inexperienced will make money in trading. I think it's clear to everyone.
You can use trading on lower timeframes using scalping and make successful trades, but this suits experienced traders who have been in the cryptocurrency market for a long time and know all its features.
📊What is the reason for the summer volatility fall? In summer, many traders and large investment funds go on vacation, less attention is paid to charts.
Price rises or falls under the influence of people's emotions. When the number of people in the market falls, volatility also falls.
Crypto volatility begins to rise as traders and investors return. Purely from statistics, it is the beginning of fall and until the end of spring. It's coming soon!
🚩So, if you're in trading now, it's time to get ready for the time when crypto will grow by 10,20,50% a day. It`s just 9 weeks to the end of the summer.
✅To be ready for the new bull market, you have to study trading, pay attention to trading strategies, choose your trading style (scalping, swing or position trading). If you don't know where to find all this information, use the links at the bottom of the idea.
🏁Trades. when the volatility return to the market? What strategies do you use during the summer periods to grow your deposit?
💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.