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Trading-Guru
Apr 17, 2020 11:21 PM

The Bands, They Are A Squeezin'  Long

Bitcoin / TetherUSBinance

Description

What a tight squeeze here on the bollinger bands. The prices haven't moved at all in almost two days.

This isn't just for BTC USDT, but for the entire market! For comparison I added some major market caps here as well. And you can see they have also been completely on halt.

However, we can see a small spike of volatility here on the most recent candle. I expect that the price will break out with a bullish flag of these bollinger bands.

Edit: I made it into a smaller description this time to focus on the speed of delivering this idea. You need to act on this very timely, as this volatility can spike really suddenly.

- Trading Guru

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Disclaimer!
This post does not provide financial advice. It is for educational purposes only!

Comment

While typing I could see BTC taking off. Decided to publish this idea early to warn everyone.



There is a massive volatility increase, and the price already broke through the upper BB on the 15m. Be quick to enter the trade or you'll miss it.
Comments
bestfarbit74
nice work
ProjectSyndicate
good deal, I like that.
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