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Bitcoin Cash / Bitcoin
Long

BCH - Bollinger Band Squeeze Setup Forming

382
BCHBTC may be forming a bollinger band squeeze setup

As you can see on the chart, the bands are narrowing and the bandwith is low

We want to see the price shoot through the upper band for a long posisition

But ideally, we want to confirm the long position by also breaking vertical support

Let's keep our eyes open on this one!

Let me know what you think.
Crypto_Slinger
Also on:
BCHbollingerbandstrategyBollinger Bands Width (BBW)Technical IndicatorssetupSupport and Resistancetrade

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
BCHbollingerbandstrategyBollinger Bands Width (BBW)Technical IndicatorssetupSupport and Resistancetrade
Crypto_Slinger
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.