BTC/USD Weekly Volatility Analysis 12-16 Dec 2022

12 ธ.ค. 2022

BTC/USD Weekly Volatility Analysis 12-16 Dec 2022

We can see that currently the implied volatility for this week is around 8.48%, up from 7.77% last week according to DVOL data

With this in mind, currently from ATR point of view we are located in the 56th percentile, while according to DVOL, we are on 12th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 4.82% movement
Bearish: 7.4% movement

At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 17.1% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 18450
BOT: 15790

Taking into consideration the previous weekly high/low, currently for this candle there is :
30% probability we are going to touch previous 17450
46% probability we are going to touch previous 16730


Lastly, from the technical analysis point of view, currently from
Weekly timeframe indicates 80% BEARISH trend from the moving averages index
Daily timeframe indicates 33% BEARISH trend from the moving averages index
4H timeframe indicates 40% BEARISH trend from the moving averages index