If you are looking for an indicator that helps you understand price volatility and explosive price action, Bollinger Bands is one of the most important indicators that’s worth understanding correctly.



Indicator of the day: Bollinger Bands

What does it offer you?
• It shows the expansion and contraction of volatility
• Helps you read calm conditions before a move
• Helps you know when the price becomes far from its average

Best use:
With price movement + the overall trend + additional confirmation from momentum or volume

Important:
Touching the upper or lower band does not always mean a direct reversal.

Do you use Bollinger Bands for a rebound or for a breakdown?

$BTC $GT $SOL
BTC-1.64%
GT0.55%
SOL-1.56%
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PTC
PTC普洱茶币
MC:$15.6KHolders:8
56.04%
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