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Bollinger Bands (BB)

$APE bottom in? APE CHAIN?The next NFT frontier for the apes, APE CHAIN . Could $APE launch itself to compete w/ $BNB? It all depends on how heavily invested/serious they are in building an actual metaverse to reality. Looking at the founders of the coin, how $APE is now a payment currency on open sea , and how most metaverse projects are having trouble launching, I’m afraid $APE is a buy the rumor, sell the news type of coin for now. Would recommend getting on ape now at ~$17 Long based on speculation that other people will ape their $ to fund a potential leading metaverse project. Whether or not it delivers is irrelevant to making a profit given the strong community in the NFT space. More on the technicals: $APE looks like it might bottom out here around $17 from a bull div on the 2HR and moving away from a state of mean reversion since the high of $27. The BBWP indicator has yet to confirm the end of the volatile move but I speculate it will give consolidation soon as more APEs pause redeeming land deeds as they get sold out or wait for gas fees to come down to more reasonable levels. Once we get a rally, expect resistance at ~$20 The key points of confluence for the bottom: Wave 3 PoC 0.5 fib retracement of Wave 3 1.272 fib extension of Wave C of ABC pattern on Wave 4 The token distribution looks fair, though I would remain cautious of any possible scam wicks given how normie-friendly this coin is. If we break the $16.6 low, there is a 50/50 chance of visiting the white trend line at ~$12. Trade : Long Entry: $17.5 TP: $20, $24, $34, Delivery of Metaverse Project SL: $15
Long
by linebands
2
NASDAQ, Tinny uptrend, Target R1. Intraday Strategy ppHello traders, Nasdaq is having a tinny uptrend, it might reach R1, but first, it should break up the trend line at $13,226 price. Next, it might bounce on R1, and you should be alert for possible retracement until the pivot point. Pls Remember, Keep checking the trend, go with the trend, controlling that the market doesn't reject the prices. Nasdaq is still bearish. Don't fight with the market... Indicator MA 200, 20-8 RSI 8 MA8 Bolliger 20, Volume, Pivot points Levels. Intraday Strategy. R3 13,849.73 R2 13,474.03 R1 13,319.47 PP 13,098.33 S1 12,943.77 S2 12,722.63 S3 12,346.93
SKILLING:US100Long
by Bekapc
2
BTC scenario - search for the bottomBtc has been coming declining seems 13 69,000 price mark. It has been no declining for a while, which is clearly observable Linda chart. I don't consider this as a beer market yet, although I really think that the correction is taking longer than it seemed to me in the beginning. In this scenario what I seen is an eminent encounter with the button after which the price of this asset should start building/continue mean call Trent. The indicators that I have used in the story show to me that there is a button near and that it should be here not later than a month or maybe even couple weeks. All I'm looking for is breakouts in the moving averages and a build up in RSI.
Short
by INSANEMOANING
BTC neutral, the crabs are in controlFrom our last idea, I incorrectly drew the Elliot wave count from the lack of attention to high time frames (weekly and above) and overlooked a bearish momentum divergence that printed back in early November. I believe we're on the verge of entering bear market territory if 47k doesn't hold over the next couple of days and weeks. 47k at the moment has confluence with the ATH 1 white trendline, the Elliot wave impulse PoC now sitting at ~46k, the developing weekly PoC, and the 350 D MA. But the most important line of defense out of those four would be the 350D MA. If you look back on previous market cycles anytime we've closed below it on a standard daily candle, it resulted in a multi-month sometimes a multi-year bear market , and we did so on Dec. 13th hinting a warning of another downtrend. This downtrend will more than likely happen once we've consolidated a bit more likely until we hit ~5% levels on the BBWP indicator noted below. On the shorter time frames, BTC print a 4-hour bullish divergence as well as confirmed the breakout of an important trendline, but failed to continuously move in an uptrend until the posting of this idea. A short idea would be invalidated if either: We blast past the VAH of 52k $ETH closes past $4050 on a daily candle Bull div. on daily and higher time frames Breakout of trendline resistance or the 0.786 fib level noted below: You could argue that the bearish case as of now is invalidated from a fundamental perspective if you take into account the debt ceiling being risen as a bullish move, and it is. If you are going short I suggest having a very short stop loss at the impulse VAH, taking profit along the way of the fib levels on the chart. Note, this uptrend may also not be invalidated given evidence of diminishing returns and interest of institutional investors which will help with cooling off some volatility. The same goes for the $SPX; since it has a bit more room for an uptrend against inflation, I believe the overall trend is an uptrend, it's just that for now there is room for another selloff until ~30k. Overall, I'm neutral and uncertain on $BTC's movement at the moment until either we fail to support 47k to confirm a bear trend or break out past 50k to confirm a bull trend. You could argue 42k is the bottom if we consolidate there again slowly over the next couple of days seeing as how $BTC did hit another low a bit close to the initial oversold wick that went down to 29k on May 19th. Debt ceiling rising + daily candle closing under 350D MA could equal more crabbing and consolidation from here on out for a while. More easier to read chart to overview: Key Levels: Support -47k (Impulse PoC, ATH 1 white trendline, 350D MA) -40k (0.618 fib level, M S2 CPR) -Impulse VAL at 31k -S3 M CPR at 29k -1.272 fib at 22.5k -ATH 1 white trendline -ATH 2 white trendline Resistance -49.6k(S1 M CPR, 0.786 fib on shorter timeframes) -Impulse VAH at 52k -M CPR Lines at 59k, 69k, 79k, and 89k Invalidations: -Impulse VAH at 52k -28k for Impulse wave start.
BITSTAMP:BTCUSD
by linebands
BTCUSD Long, Knifecatch to 74kSorry for the lack of posts over the past two weeks, been busy w/ life. Anyways, I believe this downtrend is nearly over if we consider this recent correct market structure as a running flat . The only concern with this is that within the b-wave, its ascending triple Elliott wave has an overextended wave Z with a ~1.618 fib level rather than a 1.272 fib as stated on one of the guidelines according to Elliott wave forecast. But ignoring this, it perfectly fits within a running flat corrective wave. As of now, it seems like it'll end near the primary wave 0.382 fib level at ~54k. But we must hold 51k or else the entire market structure shifts bearish heading to sub 30k levels as it is an invalidation level for wave 3. The oscillator below, the BBWP (Bollinger Bands Width Percentile) is reading a close high of volatility at 90% atm. Going at or above 95 followed by a drop crossing under the associated MA (the white line) will signal the start of a consolidation phase . I didn't include it in this chart, but there is also a momentum bullish divergence on the 1 hour that growing has yet to be confirmed with a crossover of the zero line. Key levels: SUPPORT - Primary wave 0.382 fib at 54k - M CPR Pivot at 54k - 3 Month Value Area High at 51k - 3 Month PoC at 47k - Lower Parallel Channel at 53k RESISTANCE - Confluence of multiple monthly value areas at 59k - Monthly Value Area High at 65k - M CPR R1 at 66k - Long term trendline since March ATH at 67-68k - Intermediate wave 5 target at 74k - M CPR R2 at 78k INVALIDATION - Primary wave 3 0.5 fib at 51k There are more levels to look at on the chart if you are interested in long-term plays. I will post an interesting chart soon, so be on the lookout for it.
BITFINEX:BTCUSDLong
by linebands
3
Price expectation on bollinger bands on a weekly timeframe.When we fall below the 20-week moving average, which is the Bollinger middle band, on the weekly timeframe, then it is an undeniable fact that we test the Bollinger lower band. When we examine the areas where the moving averages cross in the weekly timeframe, they show interesting support and resistance points in the past, which seems too strange to be a coincidence. Another striking point is that there is a positive mismatch in the relative power index.
COINBASE:BTCUSDShort
by the6ylal
Bitcoin has temporarily hit all lows...?Bitcoin has temporarily hit all lows and we have a defense of the lower band on 1D, which indicates that there are chances for a nice rebound and reaching even the upper band on 1D in a few days, which would mean that we will reach 68k again and there will be a side trend . However, before we are sure, there must be an upward impulse and we must probably bounce back from the bottom band tomorrow with strength - then we will confirm this scenario. A drop below 59k again negates this scenario and leads us to 55-53k, but this is a less realistic scenario. However, we can still see around 60-59800 before the rebound occurs. For several days, Mt.gox has been scaring us with withdrawals of funds and a possible market collapse - today the Mt.gox lender said that the withdrawal of Bitcoins will not take place until 2023! this is, of course, very good news and we can actually count on increases in 2022!
by SkyRocketTrading
FTM breakout imminentFTM has been in limbo today, and it seems that it wants to pick up where it ended yesterday. we are currently at a breakout level. 1H Ichimoku cloud: The Kijun and Tenkan lines are above the (green) cloud, and very close to each other. i'm expecting a cross within the next few hours. The cross above the cloud is a strong bullish signal. Bollinger bands: The price touched the upper band, but did not close there. this indicates that the upward movement will probably see continuation. RSI: RSI is 51 now, so there is plenty of room to push the price up. Because the market is pretty bullish, i'd say RSI is acceptable up to 70. Volume: The Volume is slowly getting less and less, indicating that there will be a move. daily close in 30 minutes. let's see what happens. I hope you enjoyed my analysis and i would love to get you feedback and discuss. Cheers, Mike
Long
by slappewas
4
BTC : 12hr Bollinger Bands WidthHere we take a look at the 12hr Bollinger Bands Width compared to price action as a way of understanding volatility. Indicator arguments are as follows: Length = 20 Source = Close StdDev = 2 Included with the Durbtrade Bollinger Bands Width indicator is a zero line (white), and an Exponential Moving Average with a length of 50 and an offset of 0 (blue line). The dotted pink horizontal line is the most recent 12hr BB Width closing value extended backwards for comparison. The 12hr timeframe allows us to look at all BB Width values since the March 2020 drop. Above the BB Width is BTC price using standard candles, and on the right is BTC price expressed as heikin-ashi candles. Let's take a look: Right from the start, we can see how substantial and quick the March 2020 drop was, with the BB Width reaching a peak of 0.902 : Other high peaks include - the Jan 2021 peak at 0.499 : the May 2021 drop at 0.469 : and the July 2021 launch into August at 0.406 : Now, let's take a closer look at the most recent 12hr BB Width close value of 0.087 : Let's also look at when the BB Width has dropped below this level: ... as well as the BTC price during these moments : ... and finally, let's compare them to eachother : Conclusion : I expect there to be a significant spike of the Bollinger Bands Width in the near future. I expect increased volatility, with a massive price swing. As for price direction during the spike... I'll leave that expectation up to you. Thankyou, goodluck, and happy trading! // Durbtrade *Related Script :
BITSTAMP:BTCUSD
by Durbtrade
4
Bollinger Bands Explained, All you need to know Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ In today’s video we are going to be talking about the Bollinger bands , How are they constricted and how to use to try to identify trades in different financial markets. Some people think about the Bollinger bonds as a complicated indicator but after you watch this video you will see how easy it is to use. Lets start with the theory before we see a real life example : The Bollinger bands were developed by a man called John Bollinger, so no surprised where the name came from. So the Bollinger breaks down to a Moving average and some volatility bands around that, What we have first is a moving average and on the top and bottom of that moving average we have our bands and they usually are located 2 standard deviations away from the Moving Average. The idea here is to describe how prices are dispersed around an average value, so basically, these bands are here to show where the price is going and how it's moving for about 95% of the time. So how do we use this indicator : 1) The first way people use this indicator is when the market price reaches the edges of the Bands, The upper end for example shows that it's possible that the market is overextended and a drop in price will happen, if the price reached the lower end then the market will be oversold and a bounce in price is due. 2) The second way to use this indicator is called Targets, It simply allows us to set up targets for the trade, if we buy near the lower Band then we could set a target above the Moving average or near the higher Band. Because these bands are based on price volatility they won't stay at the same place from the MA, That means if the volatility drops then the bands will get tighter (Squeeze) , and if the volatility goes up then the bands will go further away from each other (Width). People use this method to try to understand what's going on with the current trend, so basically if the bands are really far away then it’s a sign that the trend is currently ending, and if they are really close then we could be seeing an explosive move in the trend IMPORTANT I always say that you always need to use different indicators when you analyze any chart, this way you will minimize your risk and have a better understanding on how the market is currently doing. I hope I’ve made the Bollinger Bands easy for you to understand and please ask if you have any questions . Hit that like if you found this helpful and check out my other video about the Moving Average, Stochastic oscillator, The Dow Jones Theory, How To Trade Breakouts, The RSI and The MACD, links will be bellow
OANDA:XAUUSDEducation
by GabiDahduh
4
BTCUSD - Squeeze but can it really go 9 days?Latest Note: So we are entering another squeeze here with a slightly bullish signal. This is a pretty unfathomable run at 8 straight days green. I can't see this continuing the streak however it could cool off and wait a whole day going slightly red in a squeeze before taking off again. Watch and hold here. 38.5 is about the possible breakdown area. 40.8 is around the Uptrend area. Previous Replay Notes: 1) This has been on an insane ride up after 2 Uptrend signals. Profits would have been at 20% here so a good place to exit but also would have been difficult to refrain from entering when you see the next pump and drop. 2) The hold squeeze was very short lived and bulls regained quickly after just 1 bounce. I didn't catch it till the 2nd bounce, but didn't matter as I was still long in a hold pattern. If you exited at comment 1, the squeeze would have been a good place to get back in. 3) The Uptrend was also short lived. There was still plenty of money to grab in the short stint, especially if grabbed back in at the last squeeze.
COINBASE:BTCUSD
by coinofthewest
How To Measure Volatility Easily|Advanced Usage Of BBHi traders! As we said in the last article it’s kinda complicated problem to measure volatility. However, it’s one of the most important features of market. Any strategy directly depends on the volatility level of coin. Moreover, it provides signals of entry and exit. BB Width is one of the most accurate tool to measure volatility. The Bollinger Band Width is the difference between the upper and the lower Bollinger Bands divided by the middle band. This technical indicator provides an easy way to visualize consolidation before price movements (low bandwidth values) or periods of higher volatility (high bandwidth values). The Bollinger Band Width uses the same two parameters as the Bollinger Bands: a simple moving- average period (for the middle band) and the number of standard deviations by which the upper and lower bands should be offset from the middle band. How does it works? During a period of rising price volatility, the distance between the two bands will widen and Bollinger Band Width will increase. Conversely, during a period of low market volatility, the distance between the two bands will contract and Bollinger Band Width will decrease. There is a tendency for bands to alternate between expansion and contraction. When the bands are relatively far apart, that is often a sign that the current trend may be ending. When the distance between the two bands is relatively narrow that is often a sign that a market or security may be about to initiate a pronounced move in either direction.
Education
by Skyrexio
NZDCHF - IN TREND ENGULFING LONG SETUP (D)Confluences: Bullish engulfing Lower bollinger band outbreak Rejected strong support/demand zone Long term uptrend Close above 20 EMA TP set at the candle body high of the previous highs. SL set below engulfing candle low (safe) or below 4H engulfing candle low (riskier). A close above the resistance trend line will confirm further increase in price. Will be looking to re-enter this setup if price pulls back strongly then forms a strong bullish engulfing on the 15m, 30m or 1H time frames.
Long
by justinholtgrave
This could trigger a buy sign on SPX!The SPX is moving sideways for now, and the Bollinger Bands are getting tighter. This could indicate that the next explosion will happen soon, the question is, it'll be up or down? We just hit our target at 4,118, but the index is doing a hammer (or a spinning bottom?) close to the support, and it is in the lower part of the band, meaning that an upwards movement is more interesting. Anything above the 4,158 is a buy, but watch out the 4,118, as this point is still an important one! The futures are dropping a little right now, but it might be worth to check them as well! If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.
SP:SPX
by UnknownUnicorn21312077
S&P500 above upper Bollinger bandThe S&P500 has recently burst through the upper Bollinger Band but looking over the past 20+ years, it has never stayed above it for long. Yes, it has risen along with the BB and even pushed through strongly at times, but never for very long. Is it possible that we see a high-level consolidation over the next few years that keep equities relatively high? Unfortunately, anything is possible in this off-kilter world, as long as the powers-that-be can maintain their ability to influence/manipulate/distort market pricing mechanisms. If the philosophical foundations of our society are off-kilter/unbalanced and the ideas & values we collectively hold... if those ideas and values degenerate and make us increasingly selfish and detached from from others, then collectively we become a splintering society and that is what we have today. It is one thing to believe one is right and to advocate for your ideas & values. But to seek a "better, more just world" while at the same time denigrating and bullying and attempting to silence those who disagree - that is the way to civil war. Some people advocate for that route. But so long as people advocate that people who think/believe differently from you are enemies and need to be destroyed, there will never be a chance for the UNITY they aspire to. You can't have unity by subjugating people who think differently from you. You need to first see them as equals (b/c God resides within them, too) and then convince them of your point of view... respectfully, lovingly, and with tolerance. My rant is over now. I see significantly more downside than upside in the broad market. And there WILL be turbulence in the coming years. No way to avoid that, considering the unsustainable debt & deficits worldwide. Time will tell.
FX:SPX500
by BenjiMiller
2