Hi Everyone
Here's an easy to understand visual about how to use Bollinger Bands to spot ideal entries.
A few things to note here:
- You cannot solely rely on BBands to identify the DIRECTION of the trade (buy/sell), you will need another analysis to determine that, for example supply and demand zones
- This is from a Macro perspective , but you can easy do...
Going to keep this simple here.
The price of bitcoin has sky rocketed these past few months. During the spring & summer time a few hundred dollar move in price would be crucial!
Now the price of BTC is lingering around 50,000. Those small movements that where only a few hundred dollars are now thousands.
👉 My point here is that anyone using anything...