Stock Information for ETHUSD - 3h

#ETHUSD #3h #Crypto───────────

Ensemble model * Overview: The synthetic investment attractiveness indicator equals 22 (out of +/-100). The model ensemble suggests that trading will tend to be attractive in the nearest future. The synthetic directional indicator equals -32 (out of +/-100). The model ensemble predicts that the market will be bearish in the nearest future.

Optimal past * Optimal past: The optimal lookback period for modelling is currently 581 candles. The market is currently bullish, appreciating by 33.0% during the latest phase.

Elliot Waves * Elliot Waves: The market's trend has changed and currently goes down.

  • Elliot Waves Settings: Elliot Waves were updated. The current wavelength is 5.

Price Bound Modelling * HAR model at confidence level 95.0%: the HAR model forecasts volatility of 1.1535% in the next candle, the price will fluctuate around 3227.11 and with 95.0% probability will not go below 3165.83 or above 3288.38.

  • BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 3229.65 and with 95.0% probability will not go below 3159.59 or above 3289.4.

  • Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 3229.62 and with 95.0% probability will not go below 3159.64 or above 3289.49.

  • Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 3216.47 and with 95.0% probability will not go below 1781.27 or above 4547.86.

  • Fibonacci with seven retracements: the price is likely to rebound upward from the nearest Fibonacci support of 3227.51 at the level of 50.0%. The nearest Fibonacci resistance is 3434.24 at the level of 61.8%.

  • Fibonacci with five retracements: the price is likely to rebound upward from the nearest Fibonacci support of 3227.51 at the level of 50.0%. The nearest Fibonacci resistance is 3434.24 at the level of 61.8%.

  • Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 3434.24 at the level of 61.8%. The nearest Fibonacci support is 3020.78 at the level of 38.2%.

  • MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 3227.98 and with 95.0% probability will not go below 3162.64 or above 3288.59.

Forecast * MA model at confidence level 95.0%: the MA model forecasts a return of -0.0624% in the next candle, the price will fluctuate around 3227.32 and with 95.0% probability will not go below 3134.32 or above 3320.0.

  • AR model at confidence level 95.0%: the AR model forecasts a return of -0.0624% in the next candle, the price will fluctuate around 3227.32 and with 95.0% probability will not go below 3161.45 or above 3292.88.

Stability Indicators * Generalised extreme value: According to the indicator, the market is stable

  • Power law: According to the indicator, the stability of the market is uncertain

  • Student degrees of freedom: According to the indicator, the stability of the market is uncertain

  • Tukey lambda: According to the indicator, the stability of the market is uncertain

Seasonality test * Seasonality test: According to the generalised seasonality test, there are seasonal effects on the market with cycle periodicity 29.

Distribution analysis * Best-fit distribution: Best-fit distribution has changed, and now it is Laplace

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Not investment advice.

#ETHUSD #3h #trading #Distribution analysis