Bollinger Bands Width (BBW) indicator is derived from Bollinger Bands, a popular tool for technical analysis. It measures the distance between the upper and lower bands, indicating market volatility. A low BBW suggests low volatility and consolidation, while an increasing BBW indicates increased volatility and potential significant price movements.
Bitcoin has been trading in a neutral pattern for nearly 7 weeks, making it unclear where the price will head next. However, the BBW indicator, currently at its tightest on record, signals an impending explosive move, with a higher likelihood of a bearish trend.
Historically, once the BBW indicator reaches the Squeeze Area, it has been more likely for an explosive bullish trend to emerge. Although The last 3 times it has more often signaled an impending sell-off.
Be prepared for an explosive move in the next 1-2 weeks.
Bitcoin has been trading in a neutral pattern for nearly 7 weeks, making it unclear where the price will head next. However, the BBW indicator, currently at its tightest on record, signals an impending explosive move, with a higher likelihood of a bearish trend.
Historically, once the BBW indicator reaches the Squeeze Area, it has been more likely for an explosive bullish trend to emerge. Although The last 3 times it has more often signaled an impending sell-off.
Be prepared for an explosive move in the next 1-2 weeks.
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Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.