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Bollingerbandstrategy

Binance Coin(BNB): Dumping While Market is Pushing? 👀 The BNB/USDT pair on the daily chart shows a failed attempt to push higher, indicating a potential reversal. The market seems to be reacting to news about Binance's founder, which could be influencing trader sentiment. The Price is now staying below 100EMA, showing us the strong overweight of bearishness (thanks to that failed attempt to push) The path ahead for BNB may be choppy, with potential downward movements, but we need to have strong support from where we could see some sort of bounce (or some kind of positive news that could push prices out of this downward movement).
Short
by SwallowPremium
2
Bitcoin - How to trade BOLLINGER BANDSHi Traders, Investors and Speculators📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. When it comes to Technical Indicators, speculators have many options to choose from. Do you prefer to keep it simple? If your answer is YES, the Bollinger Bands are for you. First, a little about the genius behind it, John Bollinger. Bollinger Bands were created by John Bollinger in the 1980s. He is still very much alive and well, and very active on Twitter. He constantly engages the community through seminars and interviews. As you can see, I'm a huge fan of his work! This revolutionary technical indicator offers insights into price potential and possible volatility. Let's get technical : The higher the price action trades at the top/ upper part of the BBands, the more volatility and volume you can expect. The same is also true for the opposite - the lower the price trades on the bottom of the BBands, the more volatility and volume you can expect. It is also true that when the price trades at the top for an extended period of time, the market can be considered overbought; thus it is a good time to consider selling. The same is true for the opposite. When the price trades on the bottom of the Bollinger Bands for an extended period of time, the market is considered oversold and it is a good time to consider opening a position / buying. Important to note that the Bollinger Bands are especially useful and reliable in higher timeframes. To make overbought conditions and oversold more clear, let's take a look at a few examples on SOLUSDT: From the Solana chart above, we see clearly that when the price action touches an orange band, it is often time to exit / enter. You can wait as the price continues upwards, but the longer you wait, the more your risk increases. Careful not to be greedy, take profits during a bullish cycle. To make volume in conjunction with BBands more clear, let's take a look here on ETHUSDT: You'll notice that usually on higher timeframes, the turquoise upper / lower band, is where you start paying attention. This is where firsts profits can safely be taken, with the possibility of the price still wicking towards the orange or red. To get a little more technical, let's take a look at accumulation options with the Bollinger Bands. When the BBands contract, it is usually before a big move up or down. Now you'll need to view the chart from a macro perspective/ Fibonacci trend based retracement and trend based extension on a weekly chart to get an idea in which direction it may go. This proves another point that often, technical indicators are only useful if used correctly with chart analysis. Let's take a look at a few examples on XRPUSDT : These are not the Bollinger Bands as they were created y John Bollinger, instead, they have Fibonacci lines added. I prefer to use them this way, it's an improvement on top of the original BBAnds. They become especially useful if you use it with another indicator called Phoenix Ascending. Find below at related ideas a quick guide on Phoenix Ascending. Have a great weekend 🚀 __________________________ 👀Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 📉 Hit like & Follow 🔔 We thank you for your support ! CryptoCheck
Long
by CryptoCheck-
43
Solana (SOL): Middle Line Of Bollinger Bands (DROP?)Solana Coin has been on our radar for some time now, so here is a quick update on the current situation: The focus is on the middle line of the Bollinger Bands; a breakdown here could be the start we've been waiting for. Such a move would provide the clarity needed to determine whether we’re heading towards a more substantial downtrend. We remain open-minded, ready to respond to a confirmed move to reclaim lower price zones, with eyes peeled for any shift in momentum that could signal an opportune moment to act.
Short
by SwallowPremium
Managing Gold Long & SL - A Multi-Indicator Consensus IndicatorDear Valued Investors, O n the financial markets, we find ourselves immersed in the story of Gold (XAUUSD), a tale of resilience and growth. Since November 13, 2023, Gold has gracefully embraced a bullish trajectory, dancing its way from $1928 to a harmonious $2002. This surge reflects the prevailing positive sentiment within the market. O ur cherished Multi-Indicator Consensus indicator , a guiding light in the complex world of trading, has been whispering about this bullish dance for the past two weeks. However, as we embark on this journey together, let us tread with both excitement and caution. W hile the absence of a bearish signal is reassuring, prudence suggests that initiating a new long position at this juncture might be akin to stepping into the dance mid-performance. The prolonged bullish stride, unaccompanied by a recent confirmation signal, hints at the potential for a gentle retracement or a graceful consolidation period. T o navigate the delicate balance of risk in our existing gold long position, we extend our hand to the wisdom of the trail profit stop-loss order. This order, a silent guardian in the realm of trading, elegantly adjusts the stop-loss level as the market rhythm unfolds. It allows us to savor the sweet taste of profits while gracefully curtailing potential losses. F or our gold long position, consider setting the trail profit stop-loss order at a Fibonacci retracement level – perhaps the enchanting 0.382 or the harmonious 0.5 retracement level. These levels, like gentle notes in a melodic composition, often serve as supportive zones during the ebb and flow of market pullbacks. A s we waltz with Gold's positive momentum, let us also be attuned to the nuances of increased risk that accompany holding a long position without a recent bullish signal. The overarching melody is one of positivity, but the absence of a fresh confirmation note calls for a measured and deliberate approach. I n closing, while the Multi-Indicator Consensus indicator paints a portrait of optimism for Gold, the prolonged bullish journey without a recent signal and the elevated risk call for a symphony of risk management strategies. Consider the trail profit stop-loss order as a gentle partner, guiding you through the dance, protecting profits, and gracefully managing the inherent risks of the gold long position. Disclaimer: This heartfelt guidance is not to be construed as investment advice. As you waltz through the markets, remember that the rhythm of each trade is unique. We encourage you to perform your own due diligence or seek the counsel of a financial advisor before making any financial decisions. With Warm Regards, Ely
TVC:GOLDLong
by Elysian_Mind
Uniswap Coin (UNI): Might Drop Towards FVG Zones - (18% DROP)The middle line of the Bollinger Bands and recent lows serve as markers for the support zone, which puts traders on edge. A decisive break below this area, confirmed by a sustained move below the middle Bollinger Band, could lead to a test of the lower FVG zones. We should watch for a retest of the support level; a failure to reclaim this zone may intensify selling pressure, propelling the price towards the lower FVG around $5.28. A break and retest scenario will be critical for confirming a bearish outlook and potentially offering a strategic entry for short positions. Conversely, a bounce from current levels could delay the bearish forecast, but the resistance zone overhead remains a significant barrier to any upward movements.
Short
by SwallowPremium
2
Aave (AAVE): Time To Re-Claim Lower Supports 👀 AAVE is currently in a pivotal phase, testing the resilience of a bullish trend that has been the backbone of recent upward movements. The price is hovering near the middle line of the Bollinger Bands, suggesting a potential turning point. We are closely monitoring for a breakdown below this middle line, which lines up with the supporting trend line that aligns with the lower Bollinger Band. A significant move below this area of support could prompt a bearish shift, leading to a retest of lower support zones. The key to bearish confirmation would be a successful breakdown, re-test, and subsequent re-claim of these lower levels.
Short
by SwallowPremium
4
Pancake Swap (CAKE): Potential Re-Claim Of FVG Zones. In the 4-hour chart of CAKE/USDT, we see a clear consolidation pattern taking shape. The market has formed multiple FVG (Fair Value Gap) zones, suggesting significant price interest areas. The recent price movement has struggled to maintain upward momentum, hitting a resistance level at approximately $2.85. The price is currently staying above a series of unfilled FVG zones, with the closest being around $1.77. These gaps often act as magnets for price and could suggest downward movement if the market does not sustain current levels. Moreover, the presence of multiple FVG zones below the current price may increase the likelihood of a chain effect, intensifying the potential drop if initiated.
Short
by SwallowPremium
4
Dogecoin (DOGE): Resistance, 100EMA, Breakdown??Intriguing scenario on the 4-hour chart. Recent market sell-offs that resulted in a structure break have marked a significant resistance zone, which the market price is currently testing. Despite a slight upward movement, there's a clear tension as traders anticipate whether the resistance will hold or not. If the price sustains below this resistance, then we will go for a movement towards 100 EMA near $0.0775, which is also close to a bullish trend as well. We are looking for weakness to kick in here as BB shows some overbought sings here and marketprice has recently went outside the path of BB as well!
Short
by SwallowPremium
2
Litecoin (LTC): Multiple Selloffs = Potential Downward MovementRecent price movement that has not been able to break above the downward-sloping resistance (upper side of triangle formation) line or fall below the local support area (lower side of triangle formation) shows that markets are getting weaker! Recent trading sessions have been characterized by multiple sell-offs, suggesting that bears may be gaining strength. However, the lack of a clear break below support keeps the door open for potential reversals. We are looking for a possible break below the support zone around $68.71, which could confirm a bearish movement and initiate a move towards lower support levels, potentially around the $60.50 area. Conversely, if bulls manage to push the price above the resistance line, it could overturn the bearish scenario and potentially lead to a test of higher resistance levels.
Short
by SwallowPremium
5
Bitcoin (BTC) - Failed To Hold $38K ZoneThe weekly chart for Bitcoin shows that the price has failed to hold above the resistance zone and the $38K level, closing below both and indicating potential bearish momentum. A new week has begun with a move down from $37,500, suggesting that the bulls are losing their grip. The $29,850 level is a significant point of interest; a fall to this support could signify a deeper correction. However, the $24,260 level stands out as a critical area to watch for a potential bounce or further breakdown. If the downtrend continues, the next target could be as low as $16,095, a crucial historical support zone.
Short
by SwallowPremium
5
Bitcoin (BTC): Another Attempt To Break $38K ZoneOn the 4-hour chart for Bitcoin, we've got an interesting setup developing. The price is teasing the upper boundary of an ascending channel, indicating a strong resistance zone around $38K. Despite recent attempts to breakout from this level, BTC is struggling to hold, signalling potential exhaustion among buyers. With all eyes on the $38K zone, a confirmed break above could invalidate the bearish outlook, potentially triggering a short squeeze due to the recent greed in the market. However, failure to maintain above this level could see BTC slide back down within the channel and possibly test lower support levels, with significant interest around the mid-$30K range. Swallow Team
BITSTAMP:BTCUSDShort
by SwallowPremium
1
Bitcoin (BTC) - About 150 Days Before HALVING (Update)Bitcoin's been testing our patience at the $38K zone, but it's clear: the bears are itching to drag it down to lower support levels where every attempt to breakout from $38K has been surpassed (even strong liquidations). Now, with all eyes on the upcoming Halving in April 2024, we're on high alert for market maneuvers. History's got a way of repeating itself, and if we're reading the patterns right, we could be in for a pre-Halving shakeout. We've seen the FUD and the euphoric pushes, but remember, it's the calm traders who survive the storm. So, we're watching that $40K psychological resistance for any potential touches there, but overall, our aim is still the lower zones (more near $26-32K, if not the lover) before the halving. Swallow Team
BITSTAMP:BTCUSDShort
by SwallowPremium
16
ADA/USDT - Long Wait Has Come To End (We Reached Resistance) The price has reached the anticipated resistance zone, currently demonstrating strong holding power from sellers. Furthermore, the RSI exiting the overbought zone indicates the beginning of a potential bearish trend. This combination of factors—the resistance hold and the RSI shift—suggests that traders may start to see a downward trend in price. Now waiting to see if we will reach that target support around $0.2550 Swallow Team
Short
by SwallowPremium
XRP/USDT - Waiting For $0.535 To Be ReachedAfter monitoring this one for the last 10 days, we have seen a lot of things, starting with a nice breakdown and also the price teasing that 100EMA as well. The price remaining below the 100 EMA and the resistance zone, which is a bearish indicator for us, further confirms the breakdown we had. We are still keeping an eye out for that lower support zone to be reached near $0.535, so let's see how this week we will be moving on the XRP.
Short
by SwallowPremium
1
Bitcoin(BTC) - Breaking Down From Bullish Channel (Daily Update)Trice is hovering near the 100 EMA and the lower side of the trending channel, suggesting a potential weakness. Despite a recent small bounce, the Fear & Greed Index shows a greedy market, hinting that the bullish sentiment may not hold for long. This scenario, coupled with an overbought market, raises the possibility of a short squeeze or even a continuous movement to lower zones here. Weekly Candles are in favour for bears and same goes for daily candles, which still remain below $38K and also $40K, which both work as some sort of "physiological resistance." Swallow Team
BITSTAMP:BTCUSDShort
by SwallowPremium
ALGO/USDT = Sideways before The Breakdown/BreakoutWe see a tight trading range, signifying indecision between buyers and sellers. If we see a solid break above the upper yellow line, there could be potential for an upward push, possibly initiating a new bullish phase for ALGO coin. However, the odds seem slim, and we may more likely witness a bounce between the resistance and support zones. We're on the lookout for a potential breakdown, which would necessitate a confirmed re-test of the resistance turned from the support zone. Such a move would signal a clear shift in market sentiment and a potential move to our liquidity grab zone as well!
Short
by SwallowPremium
DOGE/USDT - Waiting for Breakdown 👀 DOGE coin has caught our attention here in a 4-hour timeframe, where we see that the local trend has been tested many times with liquidation grabs. This shows the strength of sellers as they try to break that trend and potentially lead the price to that lower line (dotted red line). While last attempt failed to break the trend, we are still going to wait for some weakness here and a potential breakdown after what we will be looking for a position as well! Swallow Team
Short
by SwallowPremium
1
RNDR/USDT - Possible Head & Shoulder Pattern? We've spotted what appears to be a head and shoulders pattern forming, which is generally considered a bearish signal. The right shoulder is currently in formation, and we're closely watching this neckline. If the price breaks down through this neckline convincingly, it could confirm the pattern, suggesting a potential drop towards the major target zone highlighted in yellow. It's key for us to observe the price behavior near this neckline. A bounce from here might delay the bearish forecast, but if we're seeing consistent lower highs forming on the right shoulder, then it shows us some downward movement. We're looking for a solid closure below the neckline to consider any bearish positions seriously. But meanwhile, we shared a few possible setups that can happen on the RNDR coin in the next week or two. Swallow Team
RShort
by SwallowPremium
USDJPY: Conquer the peak 150,000 !Hello dear friends, Let's review the USUJPY transactions from last week and discuss new strategies for the future! As we have long anticipated, UJ has reached the target of 150.00 at the end of last week, reaching a yearly high. However, as the trading week concluded, the price slightly declined and is currently resting at the level of 149.59. Nevertheless, we shouldn't be overly concerned about this price decline as it could be a corrective trend after breaking through a strong psychological resistance level. The price is likely to recover soon. Another confirmation for this belief is that after the Bollinger bands contracted within the previous week, they are now expanding and the UJ price has reached the lower limit of the Bollinger bands. Therefore, it is highly probable that after testing the support level at 149.300, this pair will have even stronger upward momentum. Do you agree with this analysis? Please leave your thoughts in the comments section below. Thank you very much!
by Karina_Bella