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Bollinger Bands Width (BBW)

Time to Buy or Sell the digital assets?The BTC/USDC pair has been trading in a narrow range located between the levels of 11,800 - 11,900 and continues to move within the growth and upward channel. Moving averages indicate a bullish trend. Prices went up from the area between the signal lines as shown by Bollinger Bands Width (BBW) , which indicates pressure from the buyers of the asset and the potential continued growth of the asset’s quoted prices. This market behavior might indicate a distribution phase close to this year's highs, so it is worth keeping an eye on the level of 11,900. Any violation of this level might lead to a corrective cycle development towards the next technical support seen at the level of 11,600. However, if the bulls will decide to continue buying, the yearly high located at the level of 12,000 is possible to reach very quickly. The next target for bulls is seen at the level of 12,500. The daily time frame chart remains bullish. The trend on the BTC/USDC pair remains up and there are no signs of a trend reversal, so buy orders are preferred in the mid-term. The next mid-term target for bulls can move above 12,500. The key breakdown of technical support is seen at the level of 11,000.
Short
by LATOKEN
2
Target: Volatility Squeeze and a Golden CrossBig-box retailer Target has been amazingly stable for the last two months. It’s squeezed into a triangle on either side of $120, lurking below its 2019 high of $130.24. During that time, its 50-day simple moving average (SMA) rose up and above the 200-day SMA. That kind of “Golden Cross” can signal longer-term momentum is turning more bullish. TGT also has some fundamental reasons to pause. In recent years, CEO Brian Cornell spent heavily on digital transformation. This succeeded in terms of moving shoppers to the Internet and helped boost store traffic. However the last two quarters have seen product mix veer sharply toward lower-margin products (like food over toys, apparel and electronics). Some of those headwinds could fade now that inventories have been written down and the U.S. economy staggers toward reopening. Now could be the time for margin expansion, as shoppers start perusing aisles again and the years of IT spending pay off. This creates an interesting risk/reward in TGT. Its tight range creates the potential for gains to accelerate as price action widens and earnings approach on August 19. (Notice extremely tight Bollinger Band Width).
NYSE:TGTLong
by TradeStation
1
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
KRDMD shares may fall hard if it brakes the supportNow the price is going in a triangle with downtrend. Downtrend started on 20/6 and still working, support line is on 2,23. It has been tested 4-5 times but couldn't break the support. When we look at the indicators; 1- RSI broke the support on 3rd try. It may continue to 30's, 2- Parabolic SAR started to show that price will continue to go down, 3- Moving Average is almost breaking the Bollinger baseline, 4- Bollinger bands narrowed down and ready for a steep move In conclusion we have to check the price to break the support line on 2,23. If it will be broken, next support will be 2,17 than 2,10
BIST:KRDMDShort
by Emrut
2
ETHUSD - Not Strong at the MomentETHUSD doesn't look nearly as strong as the other names, but I digress and let's see where this plays out. This 15-min Chart is simply elaborating on the current change in direction, highlighted by tagging the outside of the 50 period band @ 3.2 (again, 15-min time frame), and the downward slope of the lower band seems to be supporting this notion as well as some support and resistance areas - lots of noise going on. To think otherwise would imply a crystal ball. Let's see how it plays out - look at higher time frames. I'm presently sidelined on ETH. If you want to trade more effectively, visit a link below.
KRAKEN:ETHUSD
by MrJEB
1
Bitcoin Daily Update (day 207)I believe that it is possible to beat the market through a consistent and unemotional approach. This is primarily achieved through preparing instead of reacting. Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. My most recent Bitcoin Bubble Comparison led to the following predictions: 1 day - 28 days = < $5,750 | bottom prediction: $2,860 by 10/30 Previous analysis /position: “I am going to continue to wait on the sidelines for further development. I will be watching for the price to retest prior resistance for support at $6,560 and see what happens from there.” / Sidelines Patterns: Descending triangle Horizontal support and resistance: S: $6,550 | Will price resist $6,800 and/or create lower high or will it create a higher high? BTCUSDSHORTS: Back down to 27,439 which is not far from support Funding Rates: Longs pay shorts 0.011% 12 & 26 EMA’s (calculate % difference): 12: +0.007% | 26: Being tested for support | Will we get a bullish crossover? 50 & 128 MA’s: Brokethrough 50 MA and is finding support from it | 128: -3.91% | Price is being squeezed in between the two, will it get a golden cross? Volume: Unimpressed by volume behind this recent pump. FIB’s: 0.618: $6,611 | 0.5: $6,763 | 0.382: $6,916 Candlestick analysis: Doji and bearish spinning top have been confirmed Ichimoku Cloud: Daily cloud held as resistance. Price tried to break back into 12h cloud but has since fallen out of it. Top of 4h cloud held as resistance. All clouds are bearish except for 1h which recently had a bearish TK’ cross and has re entered the cloud. It illustrates $6,444 as major level of support. TD’ Sequential: Weekly price flip following G2 > G1| Daily G4 | 12h R3 | 4h R7 (R9 should provide a bounce and it will be very important if it creates a higher high or a lower high) Visible Range: Remains in high liquidity area. Should be significant supply and the demand seems to be waning. BTC’ Price Spreadsheet: 12h: -1.44% | 24h: -1.01% | 1w: +5.89% | 2w: +5.3% | 1m: +1.45% Bollinger Bands: MA at $6,487 should get retested after pulling back from top band. Tightest the daily bands have been since April of 2017. Tightest we have seen the weekly bands since Dec 2016. Trendline: Top of descending triangle = $7,044 Daily Trend: Bearish Fractals: Up: $7,400 | Down: $6,098 On Balance Volume: Bull div’ on weekly. ADX: ADX is nearing all time lows which indicates that the chop should be coming to an end soon. Chaikin Money Flow: Bear div' on daily as CMF’ continues to make lower highs and lower lows. RSI (30 setting): W: 49.13 | D: 48.7 Stoch: Daily sell signal Summary: All signs are pointing to a huge move being on the horizon. The Bollinger Band super squeeze that is occurring is a very strong indicator of upcoming volatility. The ADX’ nearing all time lows provides confirmation. A move is coming, but there is no way to be sure which direction it will go. Therefore it is best to be prepared for both outcomes. If the price breaks out of the triangle (on volume), creates the first higher high of 2018 and breaks through the daily cloud then it will be time to enter a large long position. However, there is one reason why I do not believe that will happen and it is the overall sentiment on Trading View and Twitter. If this was the end of a bear market then the majority would be calling this a dead cat bounce. Instead the majority still seem confident that the bottom is in and that it is time to accumulate. The bottom is found when there is overwhelming fear, doubt and uncertainty. The bottom does not usually come it when the majority of market participants remain bullish. That is why I will be confidently looking for a short position to enter. These next couple days should be very telling. The current pullback should bring us to $6,444 - $6,550 and what happens from there will be extremely important. If the bounce creates a lower high below $6,835 then it will be a tremendous shorting opportunity. If it does create a higher high then it will test the top end of the descending triangle at $7,000. I would view that as another great shorting opportunity due to being able to set a very tight stop loss which would likely provide a > 10:1 risk:reward ratio. ETHUSDLONGS have entered extremely overbought conditions and are over 2X greater than prior all time highs. That could fuel the most epic squeeze crypto has ever seen and could likely be the catalyst for the next drawdown in the markets.
BITMEX:BTCUSD.P
by Sawcruhteez
2
Big Crypto Move Coming | Litecoin and the Bollinger Band SqueezeThere is a Bollinger Band squeeze setting up on various time frames for Litecoin (LTC). Other coins are showing the same. Look for increased volatility very soon. The last few times the bollinger band width has been this low in litecoin, the result has been a dump lower. This is expected as it has been a bearish market on all time frames. But then for every time it broke lower, the chances increase that the next one will break higher. Kind of like an immutable law of trading that 5-8 straight candles of the same color are just too many, and an opposite candle will follow (until it doesn't). But this is trading, not roulette (although sometimes indistinguishable). Anyway, thought you all would like to be aware of the increased volatility approaching. Thank you for viewing. Travis JMJ - UIOGD
COINBASE:LTCUSD
by Procinctu
2
Bollinger Band Squeeze: Will Volatility pick up on DASH?DASH has been fairly stagnant over the last few days. On several time frames, conditions for a Bollinger Band Squeeze are met. You can visibly see on the chart that the bands are contracting. Another thing you want to look for is the Bollinger Band Width. On a daily, many look for a 6 month low for the squeeze to be in play. As this is the 4 hour chart, the equivalent of 30 days would be about the same amount of candles as if it were a daily chart. Interestingly, that last time the Bollinger Band Width was THIS low, was just before the big Crypto run up in late 2017. I don't know that the same kind of volatility from 2017 will come in just yet....but the probability is increased that some form of volatility can be expected...in either direction, up or down.
BITTREX:DASHUSD
by Procinctu