🌀 #Bollingerbands — the market is breathing, and you can see it! 🌬️
Have you ever seen a chart "break out of bounds" and immediately bounce back?
This is all Bollinger Bands — an indicator that shows market volatility and possible bounce points 📉📈
📊 How it looks:
3 lines: average (MA) and 2 bands above and below
Price often moves within the bands
If the price breaks above/below the boundary — a reversal may occur
💡 How to use:
Price touched the upper boundary? — possible pullback
Price has compressed within the bands? — get ready, there will be momentum!
📌 Tip:
Don't play "against" a strong trend — sometimes the price stays along the upper boundary for a long time.
Confirmation is always our everything 🙌
#Bollingerbands #volatility #Індикатори #basics of trading #криптопоради