Enigma / BitcoinLong
ENG - Bollinger Squeeze Candidate
We have a six-month period where our current moment is minumum width between the upper and lower Bollinger bands - indicating a squeeze candidate, and an RSI indicating an upward price move is due. Plus, we don't have significant volume on days with negative price action in the lead-up to the squeeze. We can watch band expansion (upward band going higher) for signs of an upward move.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.