BOIL is here on the 15- minute chart with a set of Bollinger Bands, a Bollinger Band Oscillator by
LuxAlgo as well as a dual-time frame RSI indicator by Chris Moody. The settings for the Bollinger
Band set up are period 49 EMA 14 standard deviations 2 /2.618 ( These are multiples of 7 and
Fib #s for mathematical reasons.
Entries are signal is price crossing...
This chart shows the Bitcoin price on a monthly timeframe alongside 2 indicators: Relative Strength Index & Bollinger Bands Squeeze .
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Bollinger Bands Squeeze :
For those unfamiliar, the Bollinger Bands Squeeze indicator is simply the standard Bollinger Bands Width (BBW) indicator with the added capability of detecting the "Bollinger Bands Squeeze" as...
📉 The Basics: Bollinger Bands consist of three lines – the middle line is the simple moving average (SMA), while the upper and lower bands are set at a certain standard deviation from the SMA. They act as dynamic support and resistance levels.
🌟 Long-Term Perspective: Bollinger Bands are highly versatile and well-suited for long-term investors. They provide...
BINANCE:WAVESUSDT $FallingWedge $PatternFormation $TradingView
Greetings, fellow traders! 👋 I'd like to share an intriguing chart pattern I've identified on the BINANCE:WAVESUSDT chart. It appears that a potential falling wedge pattern is forming, suggesting a possible bullish reversal in the near future. Let's delve into the details!
1️⃣ Falling Wedge...
Chart has it all. Notice every prior local top is a point, no plateaus, after squeezing the upper Bolly band, they rollover.
August gap is a magnet. Once filled, much higher seems improbable. Fewer issues advance the price, moves up on lower volume, weaker RSI.
Lot of participants been waiting to sell at this price. The dump after this rally dies could be...
USDJPY has been trading in an upward channel for the past month, which suggests a bullish trend in the pair. However, over the past week, the price has consolidated into a downward channel, indicating a possible reversal or correction in the trend.
It is important to note that a downward channel is a continuation pattern, which means that it is likely to continue...
Soybean short swing trade:
The Bollinger Bands width has narrowed to 2.56% of price which is a level not seen in over a year. A new 6-month or greater low in bandwidth indicates that a volatility squeeze breakout is likely upon us. Similar volatility squeeze situations exist in wheat and corn but they both broke to the downside significantly last week. Wheat...
Bollinger band suggest the counter is ready to make a breakout
multiple times respected bollinger band earlier as shown in the chart.
the counter in past have seen support from mid or lower band
while resistance at the upper band along with retracements at mid band when in uptrend.
which sugest the counter is a good candidate to play via BB
Bitstamp BTC 2hr Bollinger Band Width printed a drop to 0.00432 just now... lowest point since October 2018.
Top left chart shows 2hr BTC BBW in October 2018.
Top right chart shows 2hr BTC BBW at present.
Bottom chart shows BTC price action since October 2018 on the 3day.
// Durbtrade
Here we see our Akro/usdt 1 day chart . Look at the MACD ! It's pointed up beautifully and does appear like it will cross up through that green area where the green arrow is . If that happens I think this could possibly do a 100% up - probably to 0.010 or 0.011 which would bring you right under the 3 day Ichimoku and the 3 day 99 MA line ( though this is the 1...
Hello Traders,
As you can see on the Weekly Candles of Bitcoin (BTC). There is a VERY strong hint of a breakout mainly due to the fact that the Bollinger Bands are tightening. This can finally mark the move up to 100k!
Safe Trading,
-Pulkanator
After yesterday's selloff in CME_MINI:NQ1! price has slowed into a tight range going into the European trading session. A breakout of this range could be imminent and big. If it breaks the range to the upside price could Retrace to 16238. Breaking the last major lows would be bearish.
BTC UPDATE:
If we look at the daily chart, we can see that BTC is still above its Bollinger Bands Middle Band Basis.
BTC is consolidating in a Bollinger Bands Squeeze which is indicating sideways ranging.
The RSI is indicating momentum is sideways with a slope downwards at the moment.
BTC is still well within the Bullish Zone of the Ichimoku Cloud indicator on...
Litcoin could go up to $54 pretty easy and maybe even $60. The RSI, volume profile and momentum indicators all are looking good. With that said, this is not trading advice.
Lets keep it simple.
The BBs are starting to squeeze. Its been a while since we've seen some weekend fackery... Could this be the day?
Looking at the MACD, momentum is to the downside.
