Daily forecast for BTC (BITFINEX) MIN and MAX of the day based on machine learning tools.
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Comments:
Yesterday and today there is an abnormal market behavior.
Obviously, the models "brains are broken". The delta that we observe between the maximum and minimum forecasts is anomalous. Based on our experience, this means that the market is now under serious influence of external factors, such as news, behavior of large players.
If someone knows what news led to what we are now seeing, please share this in the comments.
In addition, it should be noted that we believe that the price can not go below the value of 7600-7500. Due to the large volumes of orders at these levels.
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Description:
Red rectangles in the upper part indicate an area where, according to the forecast, the daily maximum will be located.
The green rectangles at the bottom indicate an area where, according to the forecast, the daily minimum will be located.
Rectangles allocated by faces have a similar meaning, but they are the result of the forecast of the second model.
Two squares at the end of the day - the forecast "Close" of the day.
Also: two colors - two models.
_____________________________________________________________________________
Comments:
Yesterday and today there is an abnormal market behavior.
Obviously, the models "brains are broken". The delta that we observe between the maximum and minimum forecasts is anomalous. Based on our experience, this means that the market is now under serious influence of external factors, such as news, behavior of large players.
If someone knows what news led to what we are now seeing, please share this in the comments.
In addition, it should be noted that we believe that the price can not go below the value of 7600-7500. Due to the large volumes of orders at these levels.
_____________________________________________________________________________
Description:
Red rectangles in the upper part indicate an area where, according to the forecast, the daily maximum will be located.
The green rectangles at the bottom indicate an area where, according to the forecast, the daily minimum will be located.
Rectangles allocated by faces have a similar meaning, but they are the result of the forecast of the second model.
Two squares at the end of the day - the forecast "Close" of the day.
Also: two colors - two models.
