ETH Volatility Analysis for Retail Sales Ex Autos, 13th December 2019

Data Analysis

The data released by Bureau of Census for Retail Sales Excluding Automobiles on 13th December, 2019 has come in at a decrease to 0.2% for November 2019. Compared to the previous release for October 2019 at 0.3%, we can see that consumer sentiment is still increasing but slowed month over month.

To see the impact and volatility of ETH's price during the Retail Sales Ex Autos release, we will first observe the difference in volume and price changes on the 4-hours chart, followed by the 15-minutes chart. Change in prices will be be determined by the high and low prices instead of the opening and closing prices.

4-Hours Chart Analysis

In the period prior to the release, the trading volume was 22,656 ETH with prices swinging between 143.77 and 144.78, representing a swing of 0.70%. Subsequently, the trading volume increased considerably by 68% to 38,043 ETH. Price action ranged from a low of 143.83 to a high of 145.25, a difference of 0.98%

15-Minutes Chart Analysis

Analysing on a lower time frame to get a more accurate picture, 968 ETH in trading volume was observed prior to the data release. Prices ranged between a low of 144.25 to a high of 144.44, a 0.13% change. Immediately following, trading volume increased considerably by 83% to 1,770 ETH. At this time, Ethereum hit a low of 144.37 with a high of 144.64, a change of 0.19%.

About Retail Sales Excluding Automobiles

The U.S. Census Bureau publishes the Retail Sales report every month. It is a measure of consumer spending excluding the automobile sector. Retail firms provide data on the dollar value of their retail sales and inventories. A sample of 12,000 firms is included in the final survey and 5,000 in the advanced one. The advanced estimated data is based on a subsample from the USCB complete retail & food services sample.

Disclaimer

The data analysis, forecasted results and projections provided herein are based on historical price action and market trends. While every effort has been made to ensure the accuracy of the information, these predictions are speculative and should not be considered a guarantee of future performance. Market conditions can change rapidly, and past performance is not indicative of future results. Trading and investing involve significant risk, and you should conduct your own research and consult with a licensed financial advisor before making any investment decisions. We do not assume any liability for any losses that may result from reliance on this information.

ETH-USDT

Ethereum

Open

144.76

24h Change

0.00 (0.00%)

24h High

146.00

24h Low

142.80

24h Volume

154,723 ETH

US Retail Sales Excluding Automobiles

Bureau of Census

13th December, 2019, 8:30AM Timezone: America/New York

Chart Data from Binance

Observations

Time	Open	High	Low	Close	Change	Amplitude	Volume

1 Minute
Before	144.36	144.41	144.36	144.38	0.01%	0.03%	63 ETH
During	144.37	144.42	144.37	144.40	0.02%	0.03%	69 ETH

5 Minutes
Before	144.29	144.41	144.28	144.38	0.06%	0.09%	381 ETH
During	144.37	144.48	144.37	144.47	0.07%	0.08%	421 ETH

10 Minutes
Before	144.32	144.41	144.25	144.38	0.04%	0.11%	653 ETH
During	144.37	144.52	144.37	144.42	0.03%	0.10%	879 ETH

15 Minutes
Before	144.40	144.44	144.25	144.38	-0.01%	0.13%	968 ETH
During	144.37	144.64	144.37	144.63	0.18%	0.19%	1,770 ETH

30 Minutes
Before	144.63	144.78	144.25	144.38	-0.17%	0.37%	2,349 ETH
During	144.37	144.64	144.33	144.33	-0.03%	0.21%	3,959 ETH

1 Hour
Before	144.41	144.78	144.25	144.38	-0.02%	0.37%	5,990 ETH
During	144.37	144.64	143.87	144.06	-0.22%	0.53%	7,236 ETH

2 Hours
Before	144.35	144.78	144.11	144.38	0.02%	0.46%	13,341 ETH
During	144.37	144.64	143.83	144.26	-0.08%	0.56%	14,317 ETH

4 Hours
Before	144.31	144.78	143.77	144.38	0.05%	0.70%	22,656 ETH
During	144.37	145.25	143.83	144.77	0.28%	0.98%	38,043 ETH

6 Hours
Before	144.41	146.00	142.80	144.38	-0.02%	2.19%	60,952 ETH
During	144.37	145.25	143.83	144.54	0.12%	0.98%	47,228 ETH

8 Hours
Before	144.76	146.00	142.80	144.30	-0.32%	2.19%	64,508 ETH
During	144.31	145.25	143.77	144.77	0.32%	1.02%	60,699 ETH

12 Hours
Before	144.76	146.00	142.80	144.38	-0.26%	2.19%	87,163 ETH
During	144.37	145.25	143.83	144.76	0.27%	0.98%	67,560 ETH