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Advanced Bollinger Band Strategies for Cryptocurrency Trading
Advanced Bollinger Band Strategies for Cryptocurrency Trading
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BTCCSquare news:
Bollinger Bands remain a cornerstone of technical analysis, offering dynamic insights into price volatility across cryptocurrency markets. Developed by John Bollinger in the 1980s, this tool adapts to market conditions through its three-line structure: a 20-period SMA middle band flanked by upper and lower bands set at two standard deviations.
Traders often misinterpret the outer bands as rigid buy/sell signals, but their true value lies in contextual analysis. During high volatility, the bands widen to reflect dispersion; during consolidation, they contract. Mastery requires understanding these nuances rather than relying on simplistic touch-trigger strategies.
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