Historical Volatility Percentile = HVP
HVP had been contracting linearly from extreme highs since the start of 2021. Currently the HVP is flashing red, indicating an extreme low and is at a value of 0, which is not surprising since 0 is one of the most occuring values in HVP along with the value of 100.
With confidence from the other stuff i use in confluence, adding more to my position back a few days at around 15th February when ETHUSD was around 1700 feels kinda noice.
Here are some screenshots related to the idea;
tradingview.com/x/xaKzd1EQ
tradingview.com/x/KnNTD3zD
HVP had been contracting linearly from extreme highs since the start of 2021. Currently the HVP is flashing red, indicating an extreme low and is at a value of 0, which is not surprising since 0 is one of the most occuring values in HVP along with the value of 100.
With confidence from the other stuff i use in confluence, adding more to my position back a few days at around 15th February when ETHUSD was around 1700 feels kinda noice.
Here are some screenshots related to the idea;
tradingview.com/x/xaKzd1EQ
tradingview.com/x/KnNTD3zD