SIAM
ETHUSD - Volatility Trade [HVP+Hurst] Historical Volatility Percentile = HVP
HVP had been contracting linearly from extreme highs since the start of 2021. Currently the HVP is flashing red, indicating an extreme low and is at a value of 0, which is not surprising since 0 is one of the most occuring values in HVP along with the value of 100.
With confidence from the other stuff i use in confluence, adding more to my position back a few days at around 15th February when ETHUSD was around 1700 feels kinda noice.
Here are some screenshots related to the idea;
POLS/USDT - Volatility Trade [HVP+Hurst+RevDiv]Since the Hurst has been nosediving below 0.5 to indicate a phase of mean reverting, I'd assume the HVP on the daily would have been contracting as I've seen it do on other similar occasions, (I'm assuming since there isn't enough bars/data history on the underlying for me to straight up read the HVP indicator currently).
On smaller time frames (using the 4hr here), it seems that the contraction of the HVP has completed and the expansion of the HVP has begun, we got this screenshot:
So I'd expect the daily Hurst to start going back up soon.
So with all this information in mind, as well the price being pretty close to the bottom bullish divergence band on the reverse divergence indicator on the daily chart, I've taken a long.
I'm trying to see how many good trades I can make using these 3 fundamental indicators. So far it's been good.
Indicators provided by BAPIG.
Siam.
Long Term Bitcoin "Astronomical Targets" "Cant go any lower BRO"Bottom was in few months ago, i don't think we will be seeing 3k Again. The Support and Resistance indicators show that Bull Market started just a month ago along with that MACD turning green, with that Daily 30 and 200 MA cross or was it EMA?