Bollinger Bands (BB) are a widely popular technical analysis instrument created by John Bollinger in the early 1980’s. Bollinger Bands consist of a band of three lines which are plotted in relation to security prices. The line in the middle is usually a Simple Moving Average (SMA) set to a period of 20 days (the type of trend line and period can be changed by the trader; however a 20 day moving average is by far the most popular). The SMA then serves as a base for the Upper and Lower Bands which are used as a way to measure volatility by observing the relationship between the Bands and price. Typically the Upper and Lower Bands are set to two standard deviations away from the SMA (The Middle Line); however the number of standard deviations can also be adjusted by the trader.
Volatility is underpriced, $VIX just closed below its Bollinger Bands, this is an ominous sign, it could spike.
I set a buy stop limit on $VXX , buying short term calls could be another option to trade this.
Let's see what happens.
Even after beating earnings by nearly 70% ATVI has moved down and created what I think is an excellent buy. On top of their solid earnings, the 6-month normalized RSI is sitting at oversold levels about to cross above 30. Their is also bullish RSI/price divergence creating an arguably more reliable signal (marked by the blue line).
Any constructive criticism is welcome :-)
My questions?
1. Would you consider this as a Bollinger Squeeze?
2. What timeframe would you recommend as a swingtrader?
3. How would you draw the trendline?
Thanks,
Pat
Looking at the moving average on the daily charts, you can see that the stock is starting to trend down. MACD, StochasticRSI, and the Directional Movement indicators all agree with the movement down. The weekly chart is also showing a movement down still and has hit a ceiling on the middle bollinger band. Good opportunity to watch and get in if the stock shows a ...
There is a Bollinger Band squeeze setting up on various time frames for Litecoin (LTC). Other coins are showing the same.
Look for increased volatility very soon. The last few times the bollinger band width has been this low in litecoin, the result has been a dump lower. This is expected as it has been a bearish market on all time frames. But then for every time ...
Hi, my first idea here. Please feel free to share where you think I can improve. Thank you!
I believe in using fundamentals to set my direction and technicals to time my entry.
Fundamentals: Long GBPUSD
- The 4 rate hikes in 2018 and 2 more in 2019 is almost fully priced in. The USD has enjoyed its bull run, but I believe it's time for it to come to an end.
- ...
Bitcoin has suffered quite the badgering this last few months, but it may be nearing a pivitol decision in where its direction should go in regards for the next half of 2018. The obvious answer by a technical analysis standpoint is that there is a bounce incoming, probably to the next resistance level around 7.8k The RSI and Bollinger Band indicate a bounce; as ...
DASH has been fairly stagnant over the last few days. On several time frames, conditions for a Bollinger Band Squeeze are met.
You can visibly see on the chart that the bands are contracting. Another thing you want to look for is the Bollinger Band Width. On a daily, many look for a 6 month low for the squeeze to be in play.
As this is the 4 hour chart, the ...
Been following ethereum a lot these past few days as it broke out of a triangle but was unable to break the previous point of resistance and has been consolidating since. The bollinger bands are starting to get tight on the 4h, 12h, and 1d chart so within the next week or so I'm looking for a push to around .091 as the initial target and even possibly .095 as a ...
EOS 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 ...
The 12h has a possible symmetrical triangle setup. The bottom is formed from a trendline going back a few weeks and the top from the latest high. This also coincides with the Bollinger Band width being at a lower value than it has been for awhile. The price move from this triangle would be ~$1100.
This 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 ...
Opted 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 ...
I'm seeing 4H RSI that's getting pretty low and Bollinger bands that are very narrow, which leads me to believe we can perhaps expect upward movement in the near term. It's also trading pretty sideways at the moment, meeting resistance at the red horizontal line (550-580 sats). I'm thinking we're getting close, if not at the bottom right now. Not sure about any ...
The moving average at 100 day close and 21 close are beginning to converge amidst resistance test. This local resistance is at $118 and will be approached in in the coming day. If volume picks up and Bollinger bands and Keltner channels stay tight with increased volume, a bull run is possible. If a bounce off the resistance happens and movement breaks the local ...
