Indicators Series – Part 5: Bollinger Bands
Bollinger Bands are your go-to for reading volatility and spotting potential trend reversals—even before they happen.
They consist of three lines:
Middle Band (SMA) — typically a 20-period Simple Moving Average.
Upper Band — Middle + (2 × standard deviations).
Lower Band — Middle – (2 × standard deviations).
How they help you trade:
Price touching upper band → possible overbought (time to take profit).
Price touching lower band → potential oversold (buy setup).
Bands narrowing (squeeze) → low volatility, breakout likely on the way.
Bands widening → high volatility, trend is in motion.
Pro Tip: Combine with RSI or MACD to confirm signals and avoid false entries.
#BollingerBands #tradingtips #cryptooinsigts
Image Source: Alchemy Markets — illustration of Bollinger Squeeze and breakout
use it on charts like $BTC $ETH $XRP and gain insights by yourself .
Part 5 will come tonight 12 am(+5 30)