Daily forecast for BTC (BITFINEX) MIN and MAX of the day based on machine learning tools.
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Comments:
As you can see, today the main model predicts a narrow delta between High and Low. Usually, this signals a stabilization at the current price level. Of course, this directly depends on the news and the mood of major players,
Of course, price level changes are possible, but they will not be significant. In other words, today is a good day for algorithmic trading.
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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.
_____________________________________________________________________________
Comments:
As you can see, today the main model predicts a narrow delta between High and Low. Usually, this signals a stabilization at the current price level. Of course, this directly depends on the news and the mood of major players,
Of course, price level changes are possible, but they will not be significant. In other words, today is a good day for algorithmic trading.
_____________________________________________________________________________
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.
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