BTCUSD Volatility Analysis 21-25 Nov 2022

BTCUSD Volatility Analysis 21-25 Nov 2022

We can see taht currently the implied volatility for this week is around 14.27%, raising from 11.13% of last week , according to DVOL data
(BTC Volatility Index for Deribit)

With this in mind, currently from ATR point of view we are located in the 61th percentile, while according to DVOL, we are on 23th percentile.
Based on this, we can expect that the current weekly candles ( from open to close ) are going to between:
Bullish: 5.05% movement
Bearish: 7.76% movement

At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset,
meaning that there is a 18.2% that our close of the weekly candle of this asset is going to be either above/below the next channel:
TOP: 18425
BOT: 14735

Taking into consideration the previous weekly high/low, currently for this candle there is :
46% probability we are going to touch previous low of 15800
30% probability we are going to touch previous high of 17150


Lastly, from the technical analysis point of view, currently 93% of the weekly moving averages are in a short trend, and
a combination of moving averages and oscillators are in 33% bearish stance