Trading Guru John Bollinger Warns Of Buying Litecoin, Here’s Why
In his latest analysis, legendary trader John Bollinger has expressed concerns over Litecoin’s performance, particularly in comparison to Bitcoin. Bollinger, known for
Read MoreIn his latest analysis, legendary trader John Bollinger has expressed concerns over Litecoin’s performance, particularly in comparison to Bitcoin. Bollinger, known for
Read MoreA technical analysis tool called Bollinger Bands uses price volatility to provide probable entry and exit opportunities in trading. They are made up of two outer bands or lines and a centerline (the simple moving average for a 20-day period), which enlarges and contracts in response to changes in price.
Read MoreBitcoin (BTC) could see fresh upside volatility as BTC price strength revisits key levels, a classic metric suggests.In an X post on Sep. 18, John Bollinger, creator of the Bollinger Bands volatility indicator, said that Bitcoin was positioned for a breakout decision.Bitcoin Bollinger Bands eye start of "walk up"After hitting
Read MoreBitcoin (BTC) is lining up a burst of volatility that could rival its 40% January gains, on-chain data suggests.In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm Glassnode revealed the tightest Bollinger Bands since the start of 2023.BTC price due "strong moves" — but direction unknownBTC
Read MoreBitcoin (BTC) fell below $29,000 into April 20 as bulls faced a battle for ground reclaimed in March.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewWill $30,000 become Bitcoin's latest "Bart Simpson"?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading to $28,800 on Bitstamp.Earlier wicks below $28,600 were quickly bought up,
Read MoreIn this episode of NewsBTC’s daily technical analysis videos, we look at the latest move up in Bitcoin price using the Bollinger Bands
Read MoreBitcoin (BTC) said “no” to volatility for a third day on July 7 as Wall Street trading began with little change in mood.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewNext move "likely sets direction going forward"Data from Cryptox Markets Pro and TradingView followed BTC/USD as it fluctuated just north of $20,000,
Read MoreSummary: John Bollinger has suggested that Bitcoin tagging the lower Bollinger Band on the monthly chart would be a logical place to put in a BTC bottom. However, he warned that Bitcoin is yet to tag the said Bollinger Band. MagicPoopCannon has also highlighted that Bitcoin’s weekly RSI is at its most oversold
Read MoreBitcoin price action on monthly timeframes has made a historic move to the touch the lower Bollinger Band – a popular technical indicator and volatility measuring tool. Although he warns there isn’t yet a sign that a bottom is in, the tool’s creator says where price action tapped is a “logical”
Read MoreBitcoin (BTC) prices have recovered by more than 60% to $47,486 after bottoming out below $30,000 on July 20, triggering anticipations of an extended bull market toward $100,000. But to John Bollinger, a celebrated contributor to the field of financial analysis, investors should refrain from buying the benchmark cryptocurrency at current
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