As shown in the chart above, the standard deviation indicator, a widely used measure of volatility calculating the average dispersion of data points for the specified time range, reaches a level not seen since 2018. Price zig-zag in a very narrow range, between 180-185, for more than 3 weeks. The record low volatility and volume definitely is not a welcoming situation for traders who want to ride along with the inherent volatility of the crypto market. However, experienced trader should be vigilant because the dreary situation won't last forever.
Since volatility is squeezed so much for weeks, we can safely conclude a major move should take place soon. As long as the market decides to move up or down with heavy volume, a new trend will engender.
Since volatility is squeezed so much for weeks, we can safely conclude a major move should take place soon. As long as the market decides to move up or down with heavy volume, a new trend will engender.
Связанные идеи
