In the video, I share an article I read today about the Bollinger Bandwidth indicator which is potentially showing a market inflection point and imminent start to the next parabolic run. I also share how I used standard Bollinger Bands differently, with slight modifications to make it very useful as a sell signal at market tops and major inflection points. Let...
Bitcoin is looking better than ever. Last week we had a nice downward movement, and the current week started with some sharp movement to lower zones towards that $40K zone. As you all know, we have been looking at two major zones of $34K and $26K (which hold the most liquidity), which is more of a mid-term movement for us, but in the short-term we are looking for...
This trading strategy uses Bollinger Band, Awesome Oscillator and RSI for longterm Algorand (ALGO-USDT) trading.
Hi Traders, Investors and Speculators of Charts📈📉 As you know, we're trading in the opening moments of a new bullish cycle. As we gradually make our way up towards a new ATH over the next few months, technical indicator tools will be crucial to help catch those perfect swing-trades. Today's analysis is an absolute MUST watch for beginners- to...
Hi Traders! We have a potential double-top opportunity on the USOIL 1D chart. Our previous bullish view worked perfectly, and our prediction of reaching the 83.49 resistance after the psychological 80.00 break came through. The market looks to now be exhausted near the 83.49 resistance level, and the price action is indicating a possible reversal of the bullish...
Hi Traders! USDJPY is trading with momentum ahead of tomorrow's Non-Farm Payroll (NFP) announcement, and we could see a break above the resistance level at 145.073, especially if the NFP data is strong. All of our indicators and price action analysis on the 1D chart are showing us that USDJPY is currently bullish. Since we had the break and close above our 20...
BUY NZDCAD RSI/BOLLINGER_BANDS/HAIKEN_ASHI The Relative Strength Index (RSI) shows that the asset is momentarily overbought/oversold, suggesting a possible trend reversal. The Bollinger Bands indicator shows that the asset is currently in the upper/lower resistance/support zone. In addition, I use Heiken Ashi candles, which help to see the trend in a smoother...
CHFJPY is getting really weak, SUITE B already confirmed the INCOMING correction leg. #1 ENTRY (Risk Entry, Good Reward) -: Enter SHORT when CHFJPY reaches UPPER BAND #2 Entry (Confirmed Entry, Minimal Reward) -: Enter SHORT when CHFJPY breaks BELWO the BL after touching UB. (Not advisable on this current structure) INVALIDATION On #1 Entry, Set...
Hello Traders, I'm currently watching AUD.NZD 1hr. I'm a big fan of Bollinger bands, and I use BB in my system. BB is currently in a squeeze, will price break up or down? I think price will break to the downside, but let's see what price does. Remember, get confirmation with more than one indicator and use proper money management. Samantha
OK time to dust off the old TV account again! $BTC has moved above the 60 day simple moving average and historically when this happens after a period of consolidation, BTC will trend for at least a couple of weeks with the 60 day mean price offering a good spot to rebuy in the result of a pull back. I expect some headwinds obviously at the 28k-29k level for the...
Not a piece of financial advice. We are awaiting a clean signal that is expected to flash anytime soon should the market prevents itself from going south. We have already entered the bear market this season. Hope the Bollinger Band signal does not fail this time. Therefore, no rush here to enter the trade. Interestingly the RSI/Stoch suggests the bottom has been...
Using Bollinger bands with momentum on the 1 hour and 4 hour time frames for dollar cost averaging, it seems that Bitcoin is beginning to level out and stabilize in price action. This could be the bottom of this downward trend we have seen since the middle of November of 2021, however, I believe caution needs to be used and careful planning. Based upon the...
This could be a temporary bottom for the Market. First we have a divergence both on the Stochastic and the RSI. The price bounced of the trendline and the Fibonacci(Bottom of the Corona Crash and all time highs).And on the Weekly the price closed outside of Bollinger bands which could mean that the price is oversold in a way. But this is not the market bottom, far...
BNB is likely to retest the $604 resistance. Closing above it with two 4H candles could means a continuation to a bullish trend.
ETH is moving below the weighted Bollinger Bands again, erasing the small bullish movement yesterday. Yesterday could be considered as a retracement for short sellers. However, as long as ETH is above the 40k price, the general sentiment is quite bullish. Breaking below the the 40k will confirm the bearish wave of the bands.
On the 4-hour chart, we can see that ETH has successfully broken above the weighted Bollinger bands, marking the start of a bullish trend. If the price can break above the resistance line, we will then have a confirmation of a full bullish trend.
From the daily chart, Bitcoin is not bullish yet. The upward movement has not broken through the upper bands of the weighted Bollinger Bands. Short term movement will indicated bearish trend. We can expect bullish trend when the price breaks above 63,130-ish.
BTC Daily Chart Analysis: (Unbiased & just telling it how it is) BTC is still ranging sideways within its massive sideways channel. Note that even if BTC drops back down to $30K, it will still be considered ranging sideways so you should be prepared for this because it will become more of a possibility especially if BTC continues failing to break ABOVE and more...