How to find an entry point using volatility calculations as an example.
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Hi, in this video I'll talk about how to find an entry point using volatility calculations as an example. Volatility is the difference between the minimum and maximum prices over a given period of time.
The first place to start looking for an entry point is by looking at the daily chart and identifying the resistance and support levels on that chart.
Using Ethereum as an example, I suggest marking the resistance and support levels on the daily chart. Be sure to select a daily chart. I also use a logarithm, which makes it more visual. Let's get started.
We can calculate average volatility in three ways. The first is to do it manually by counting each daily candle and then dividing by the total. The second is to use the ATR indicator. And finally, the last option is to use pre-calculated values on the TradeFuck service.
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