ETH Volatility Forecast 19-25 Sep 2022
ETH Volatility Forecast 19-25 Sep 2022
The current implied volatility is +- 216$ from the current opening of the weekly candle, 1435$
With this in mind, we have an 74% chance that the market is going to stay within the range:
TOP: 1627
BOT: 1244
At the same time, we can see that the average weekly candle, is around 14%
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 1000 - 2000, so if we are going on the daily close below 1000, believe there is a high chance the asset is going to continue the downfall movement.
The current implied volatility is +- 216$ from the current opening of the weekly candle, 1435$
With this in mind, we have an 74% chance that the market is going to stay within the range:
TOP: 1627
BOT: 1244
At the same time, we can see that the average weekly candle, is around 14%
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 1000 - 2000, so if we are going on the daily close below 1000, believe there is a high chance the asset is going to continue the downfall movement.
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