Potential Bullish ETH 17 May 2022

ETH 17 May 2022

The daily expected volatility is between 5-7%
With an 83% accuracy based on the historical data, we can assume that the price of ETH today is going to be between
TOP 2160
BOT 1890
All of this taken into account with the opening price of today which was 2016

From VOLUME POC point of view its above 2050, which imply a bullish momentum at this very moment.

From Fundamental/News point of view that can affect crypto/eth price:
In 10h from now, FED Chair Poweel speaks
Now I believe, based on the last 2 weeks bearish momentum, that he will want to calm down the spirits a bit.
Necause of this, I am 70% confident that the market will turn to sidemarket-> bullish for next week?

Having said that, if you decide to enter into a long trade for today
stop loss 2000( be careful for scam wicks tho)
take profit if you want a daytrade you can go for 1.5%-2% for 2100-2125