Get started

Bands

USD CHF - Over 100 pip Fall (SHORT)Hello Traders, Take a look at this pair. It is shaping up very interestingly. it just bounced strong off a resistance band showing signs of weakness. However, bare in mind that it is descending in a downward channel.. that doesn't necessarily mean it has to revisit the top trend line - it could very realistically descend while hugging the bottom channel line and eventually have a small pullback to the 34 Moving Average. How to take this trade - Presuming you entered short at the resistance levels you should only consider the trade to be invalidated if it pops back into the band. If so, be patient and seek to short again at the top of the channel. Be cautious that the market could pull up to the 34 Moving Average and then resume on down. As for TP all of the drawn support levels pose a realistic target. Be mindful though that market is very volatile and can easily bounce off any of them. Good luck,
Short
by BonifaceInvesting
Tron (TRX) consolidatingHello This is simply to educate others. Daily chart for TRX/ETH is consolidating. - Macd has cross over to the down side on Daily chart. - Stoch RSI is pointing down - Based on Bollinger bands We can enter around 0.00009230 eth for a possible move up (ASSUMING there are bullish signs and the weekly chart isn't pointing down as well otherwise we will continue to go down if support doesnt hold) Based on those we can expect more down side before any further movement up. Worse case scenario I see Trx going down to 5 cents where it will be a good entry point for those looking to buy. As a side note BTC has control over what happens with the all Alts so for now paying attention to how BTC behaves is a must before entering any trades. I did not sell my coins im Holding until we move up again. Thank You for reading! I will update the chart if i see any signal of positive later on. Please like / follow / comment if you like my first post! :) Please remember crypto is volatile and always invest only what you are willing to lose. Buy at your own risk.
by StephySanrio
EOS is going down! here's whyEOS has had a very nice pump up to $22+ but its been long overdue for a healthy correction. Looking at TA, it has broken bollinger band middle support line, has topped out with high volume, and has begun its correction. EOS has been the most highly traded crypto in terms of volume, even beating out bitcoin on bitfinex the past few days - very many people FOMO-ing and going to start selling if it goes down Watch out for a bull trap as it is very likely to happen with all this bullish momentum. Ideal entry would be the top of the bull trap, and stop losses should be used in case it goes for another pump upwards.
BITFINEX:EOSUSDShort
by deniskov
4
Expecting A nice Rally then BIG fall: LPT: 271 SPT 245.60 hourly chart major resistant there at the mean of the system for the last 3 months center red line at 271 Daily Chart The mean is also 271.00 for the arbitrage band and the intermediate band ( 1 Trading Year) is out of space so needs it needs to correct to it's over sold position of approximately 245.60 Coincidentally 271 will align to form a lower high in the elliott wave system as well. Weekly Chart Another Elliot Wave as it tests our momentum line with all Bands nicely stacked. Ride to 271 and then run like hell!
AMEX:SPY
by aixguru
Bollinger bands squeeze on the monthly chartThis idea is based on the green doji last month. If this month will also close green (Has to close over ~$10,350) then we can consider BTC consolidating for a bullish move later this year. So i will be keeping an eye on this and updating as we go along. The important thing is that BTC does NOT push lower than $8,600. It has already pushed it lower than i would have liked, so this is the absolute bottom. I will keep an eye on it and update this as we go along. Who knows, maybe later today the idea is already invalidated becase $8k broke. But lets see!
BITFINEX:BTCUSD
by veryevilone
4
Keep an eye on Bollinger Bands to confirm an ETH/USD breakoutOpted for a more reactive BB setting of (10, 1.9) to track the next breakout on the ETH/USD daily chart. The upper and lower bands continue to narrow as low volatility and lack of direction continue. A close above the upper band will confirm a bullish rally, a close below the lower band will confirm a bearish sell-off. These bands are a great tool to understand the difference between intraday noise and interday direction.
BITFINEX:ETHUSD
by MrDiamondHands
1
BARMAX strategy by JomyHere's a thing for trading Bitcoin in a slow relaxed fashion, that is tuned to Bitcoin. Average trade is 41 bars at time of publishing. It uses a similar idea to Bollinger Bands. Where is the average OHLC compared to the avg low and the avg high. Buy is black crosses over red (OHLC is above 60%). Sell is black crosses under green (OHLC is below 40%). It's guilty of hanging on to trades that reverse a little too long sometimes. It may or may not work for you. For entertainment purposes only. Enjoy :-)
BITFINEX:BTCUSDLong
by Jomy
BTC/USD: Up, Up and AwayExact same chart and train of though as the analysis one posted a couple of days ago. We hope you followed our forecast. Albeit being bullish at the time we advised we were not tunnel visioned and would undoubtedly turn (short term )bearish if the market were to breakout of the channel and below the 15000s level. Not only did it pullback to the identified support levels, as it also "hit and ran" from the Mov Avg on the daily time frame which stands as a bullish sign and made for a great entry point. As of where the market stands at present time: The current level (15700) is a resistance point. A consolidation at this point would be great to bring the Mov Avg up and Cool Off the RSI. Afterwards, the immediate target is the band at 17300. The immense volatility due to low volume hints that the market will race past that band, re-enter the channel and then pullback to the exact same band and bottom of channel to once again cool off the RSI values which will be Overbought by then (80+). Afterwards, we believe the market will resume climbing and surpass All time highs en route to the top of the channel.
Long
by ChasingTheMarket