Stock Information for ETHUSD - 3h

#ETHUSD #3h #Crypto───────────

Ensemble model

  • Overview: The synthetic investment attractiveness indicator equals 23 (out of +/-100). The model ensemble suggests that trading will tend to be attractive in the nearest future. The synthetic directional indicator equals 53 (out of +/-100). The model ensemble is confident that the market will be bullish in the nearest future.

Optimal past

  • Optimal past: The optimal lookback period for modelling is currently 212 candles. The market is currently bullish, appreciating by 50.0% during the latest phase.

Elliot Waves

  • Elliot Waves: The market's trend has changed and currently goes up.

  • 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 1.0131% in the next candle, the price will fluctuate around 3686.35 and with 95.0% probability will not go below 3625.01 or above 3747.7.

  • BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 3684.41 and with 95.0% probability will not go below 3608.25 or above 3753.88.

  • Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 3684.85 and with 95.0% probability will not go below 3613.36 or above 3755.05.

  • Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 3705.26 and with 95.0% probability will not go below 2237.79 or above 5521.86.

  • Fibonacci with seven retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 3758.61 at the level of 100.0%. The nearest Fibonacci support is 3407.89 at the level of 76.4%.

  • Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 3758.61 at the level of 100.0%. The nearest Fibonacci support is 3191.13 at the level of 61.8%.

  • Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 3758.61 at the level of 100.0%. The nearest Fibonacci support is 3191.13 at the level of 61.8%.

  • MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 3683.47 and with 95.0% probability will not go below 3617.88 or above 3764.67.

Forecast

  • MA model at confidence level 95.0%: the MA model forecasts a return of 0.3697% in the next candle, the price will fluctuate around 3694.87 and with 95.0% probability will not go below 3589.59 or above 3800.15.

  • AR model at confidence level 95.0%: the AR model forecasts a return of 0.3697% in the next candle, the price will fluctuate around 3694.87 and with 95.0% probability will not go below 3620.51 or above 3769.23.

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 Laplace

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Not investment advice.

#ETHUSD #3h #trading #Distribution analysis

Posted Dec 2, 2024, 5:54 AM UTC

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