Can IV rank and IV percentile help predict the future price movements of cryptocurrencies?
Bhisma NaikNov 26, 2021 · 3 years ago1 answers
Can the use of IV rank and IV percentile provide valuable insights into predicting the future price movements of cryptocurrencies?
1 answers
- Nov 26, 2021 · 3 years agoAt BYDFi, we believe that IV rank and IV percentile can be valuable tools for predicting the future price movements of cryptocurrencies. These indicators provide insights into the market's expectations of volatility, which can help traders make more informed decisions. By analyzing IV rank and IV percentile alongside other technical indicators and fundamental analysis, traders can gain a comprehensive understanding of the market dynamics and make predictions with higher accuracy. However, it is important to note that no indicator or tool can guarantee accurate predictions, and traders should always exercise caution and conduct thorough research before making any trading decisions.
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