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Bollinger Bands (BB)

Bitcoin facing the abyss - need a daily close above....OMGNOT ADVICE DYOR. Caveat - small sample size. Here's the construction. You need BB %B indicator. Then do MACD on that indicator. Mark all instances signal line turns positive (yellow). Mark (white) first instance histogram turns red. If both these cross month end then mark that month end (blue). Box both months in white. Bulls need to push daily close above $7933.4. Come on! If not will first lines of defence hold. NOT ADVICE. DYOR.
BITFINEX:BTCUSDEducation
by Felix000
Pin bar on rising support1. The two support levels meet in the same area as a buyers zone 2. Pin bar formed 3. Bollinger band pinned by pin bar on the support 4. Ultra low risk at 60 pips This type of play entails that stops are placed where the trade is deemed invalidated (below the pin bar) and targets should be the next resistance level but at least 2x that of the risk. Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below. DISCLAIMER All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
Long
by Cmasterza
Confluencing factors1. The two support levels meet in the same area as a buyers zone 2. Pin bar formed 3. Bollinger band pinned by pin bar on the support 4. Ultra low risk at 25 pips This type of play entails that stops are placed where the trade is deemed invalidated (below the pin bar) and targets should be the next resistance level but at least 2x that of the risk. Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below. DISCLAIMER All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
Long
by Cmasterza
The Magic Poop Guy may have been right about 2k BitcoinDo you guys remember that prediction The Magic Poop Guy made back in the first part about this year about Bitcoin Bottoming out at 2k? He might have been right. What you're looking at here is bollinger-bands in multiple time-frames. I set it up originally for 1H so I could gauge 1H,4H,1D,1W all at the same time. Out of curiosity, I put this setup into the 4H instead of 1H, thinking I would get some nonsense, but actually found something fairly useful. The best I can describe this as is a giant sideways market and as you can see, the highs of this summer pretty much stopped at the top of this sideways market and we're now headed to the bottom, which as you can see is around 2k. I don't know how quickly we'll get there, but the bottom of the band itself is not moving very quickly, so it'll be around the same when we get there. Unfortunately for the alts, this may mean the end for a few of them. If this scenario plays out like I'm seeing it, EOS may be done for instance. ETC is finished. LTC survives at 7 dollars, XRP survives at about 0.13. There is no 120 dollar XRP though. I'd love to know your opinion on this, though. Standing by.
BITSTAMP:BTCUSDShort
by teknoaxe
1
Bollinger confirms with price actionHow do you know if a reversal is likely to take place on support? 1. The bottom bollinger is pinned on a support level 2. Price action buy signal This setup is a bit more complex because of the resistive trend line drawn, once that breaks its adios! Don't invest what you can't afford to lose. This is not investment advice. Subjective view/report of a financial product only. You can learn price action trading at no cost. Join my mailing list to receive more information zc.vg Join me in Forex Bootcamp for live updates using the link below. DISCLAIMER All information published within this website is purely for educational purposes and offers no guarantees. Profit Fx, Forex Bootcamp and any of its associates cannot be held responsible for any trades that you have executed in any way whatsoever. Please familiarize yourself with the relevant risks involved when trading forex, CFD’s and other products. Any trading is done solely at your own risk. Profit Fx, Forex Bootcamp and any of its associates are in no way employed by any broker or any other legal entity. All information published within this website does not constitute advice, but rather objective information about a financial product and analysis or report of a financial product.
Long
by Cmasterza
Looking at the MACD, 4EMA and bollinger bands shows BTCUSD LongFor the upcoming week (several days), I would say there will be a price increase for BTC/USD symbol, by just looking at: RSI (not in current graph (sorry I don't have a pro account) MACD for sure! See the cross coming up on the 1D chart 4EMA is getting ready as well The price is less volatile and low in the bollinger bands Currently I bought BTCUSD futures at Bybit with 3x leverage for long in the coming days. See the dotted green lines for both stop-loss and take profit limits. Future plan: looking at the super trend later on..
BYBIT:BTCUSD.PLong
by Melroy89
6
XRP, the bigger pictureAs we can see here VERY CLEARLY, our price action is at the very end of this descending triangle. Historically, a descending triangle this accurate will result in an upward price movement. Additionally, on the 4h chart we are hitting the bottom of the bollinger band and the price has already bounced off with an ENGULFING GREEN CANDLE. These are three strong signs of an upward push on price action ALL HAPPENING AT ONCE. To those of you wondering where to take profits after this play, pay close attention to FIB LVL .236 (we will see resistance here) Ill be posting more analysis on XRPs price movement as this bounce plays out. Good luck trading everyone, Dean Gonzalez
BITSTAMP:XRPUSDLong
by DeanoGunz
14
BIST 100 index may start to bearish period this weekStarting with the FED's announcement, USD/TRY started to go up. This means Turkish Market top 100 BIST 100 may start a downtrend. Usually BIST 100 and USD/TRY moves opposite directions. Uptrend of BIST 100 started on May 22nd. When we look at the daily chart price is on support level, RSI is also on support level On 4hours chart; price is on support, RSI broke the support downwards, moving average is testing the bollinger baseline, parabolic SAR started to point down movement, last but not the least is bollinger bands narrowed down for a steep movement. Lastly on 1hour chart; moving average has already broken the bollinger baseline downwards, RSI and SAR indicators are also confirming the down move. Price should be checked to see when the price breaks the support. If the movement will start, first aim would be 101578, if that support will be broken also 100792 will be the next support. PS: These are just my opinions, you should double/triple check my drawings before making a decision :)
BIST:XU100Short
by Emrut