Stock Information for BTCUSD - 60m

#BTCUSD #60m #Crypto───────────

Ensemble model * Overview: The synthetic investment attractiveness indicator equals 14 (out of +/-100). The model ensemble suggests that trading will tend to be attractive in the nearest future. The synthetic directional indicator equals -31 (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 487 candles. The market is currently bearish, depreciating by 11.0% 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 0.6462% in the next candle, the price will fluctuate around 83508.99 and with 95.0% probability will not go below 82621.19 or above 84396.78.

  • BRW VaR at confidence level 95.0%: in the next candle, the price will fluctuate around 83532.59 and with 95.0% probability will not go below 82444.39 or above 84343.67.

  • Historical simulation at confidence level 95.0%: in the next candle, the price will fluctuate around 83532.88 and with 95.0% probability will not go below 82453.24 or above 84357.9.

  • Multifractal range at confidence level 95.0%: in the next 256 candles, the price will fluctuate around 84963.4 and with 95.0% probability will not go below 66518.41 or above 95731.02.

  • Fibonacci with seven retracements: the price is likely to rebound upward from the nearest Fibonacci support of 81862.64 at the level of 23.6%. The nearest Fibonacci resistance is 85214.07 at the level of 38.2%.

  • Fibonacci with five retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 85214.07 at the level of 38.2%. The nearest Fibonacci support is 76439.92 at the level of 0.0%.

  • Fibonacci with four retracements: the price is likely to rebound downward from the nearest Fibonacci resistance of 85214.07 at the level of 38.2%. The nearest Fibonacci support is 76439.92 at the level of 0.0%.

  • MVaR bounds at confidence level 95.0%: in the next candle, the price will fluctuate around 83599.1 and with 95.0% probability will not go below 82427.6 or above 84282.98.

Forecast * MA model at confidence level 95.0%: the MA model forecasts a return of -0.072% in the next candle, the price will fluctuate around 83470.23 and with 95.0% probability will not go below 82000.12 or above 84940.34.

  • AR model at confidence level 95.0%: the AR model forecasts a return of -0.072% in the next candle, the price will fluctuate around 83470.23 and with 95.0% probability will not go below 82426.12 or above 84505.99.

Stability Indicators * Generalised extreme value: According to the indicator, the stability of the market is uncertain

  • 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 Power

───────────

Not investment advice.

#BTCUSD #60m #trading #Distribution analysis