Ethereum ETHBTC 2M Bollinger Band Head Fake To 0.08
Price closed back inside the lower Bollinger Band forming a Doji with limited Band expansion following a Squeeze setup.
This feels like a Head Fake to the lower band, which is usually followed by a sharp move to the upper band.
This feels like a Head Fake to the lower band, which is usually followed by a sharp move to the upper band.
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
CoinChartist is run by Tony "The Bull" Severino, CMT, a technical analyst fascinated w/ Elliott Wave Principle, Hurst Cycle Theory, W.D. Gann, Japanese Candlesticks, & other classical charting methods. Visit coinchartist.io for free TA education!
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