Uncertainty On The Market Affects Its Volatility
Nov 14, 2019The ETH/USDT pair volatility approached a historic low. 1.73% is the average volatility over the past 10 days, which isn’t very high for the cryptocurrency market.
This fact indicates the crowd’s uncertainty. The formed symmetrical triangle also confirmed this, and note, that an exit from it is always a lottery.
We indicated on the chart 2 key areas for price. In the case of a positive scenario, the sales level will be 220, but you can buy at the bottoms at 160.
Anyway, we recommend placing pending orders with fixed stop-loss orders.
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