thom_ivy

ENG - Bollinger Squeeze Candidate

Long
BITTREX:ENGBTC   Enigma / Bitcoin
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.
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