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.