Stock Information for BTCUSD - 60m

#BTCUSD #60m #Crypto───────────

Ensemble model

• Overview: The synthetic investment attractiveness indicator equals -19 (out of +/-100). The model ensemble suggests the trading will tend to be unattractive in the nearest future.

Optimal past

• Optimal past: The optimal lookback period for modelling is currently 294 candles. The market is currently bearish, depreciating by 6.0% 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 21.

Price Bound Modelling

• HAR model at confidence level 95.0%: the HAR model forecasts volatility of 1.1042% in the next candle, the price will fluctuate around 60965.87 and with 95.0% probability will not go below 59858.59 or above 62073.15.

• BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 60966.0 and with 95.0% probability will not go below 60130.11 or above 61886.66.

• Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 60966.22 and with 95.0% probability will not go below 60113.04 or above 61897.05.

• Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 59180.2 and with 95.0% probability will not go below 40090.24 or above 87727.83.

• Fibonacci with seven retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 61820.84 at the level of 61.8%. The nearest Fibonacci support is 59312.22 at the level of 50.0%.

• Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 61820.84 at the level of 61.8%. The nearest Fibonacci support is 59312.22 at the level of 50.0%.

• Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 61820.84 at the level of 61.8%. The nearest Fibonacci support is 56803.6 at the level of 38.2%.

• MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 60897.61 and with 95.0% probability will not go below 60152.17 or above 62012.38.

Forecast

• MA model at confidence level 95.0%: the MA model forecasts a return of -0.0013% in the next candle, the price will fluctuate around 60964.54 and with 95.0% probability will not go below 59544.07 or above 62385.01.

• AR model at confidence level 95.0%: the AR model forecasts a return of -0.0013% in the next candle, the price will fluctuate around 60964.54 and with 95.0% probability will not go below 59958.63 or above 61964.36.

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 no seasonal effects on the market.

Distribution analysis

• Best-fit distribution: Best-fit distribution has changed, and now it is Generalised normal

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Not investment advice.

#BTCUSD #60m #trading #Distribution analysis