Cryptocurrency Q&A
What is better than Bollinger Bands?
What is better than Bollinger Bands?
Carlo
Wed Dec 04 2024
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6 answers
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I'm exploring technical analysis tools and wondering if there are any indicators or methods that might be superior to Bollinger Bands for identifying market trends or making trading decisions.
6 answers
FireFlyer
Fri Dec 06 2024
On the other hand, Keltner Channels are more suitable for trading on longer timeframes.
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Isabella
Fri Dec 06 2024
This setup takes advantage of the tendency of these indicators to converge as volatility decreases, providing traders with an opportunity to enter or exit positions.
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CryptoWizard
Fri Dec 06 2024
This is because Bollinger Bands are designed to measure volatility and provide traders with insights into market trends over short periods.
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SunlitMystery
Fri Dec 06 2024
Keltner Channels, on the other hand, offer a smoother representation of price movements and are less sensitive to short-term fluctuations.
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KatieAnderson
Fri Dec 06 2024
The Squeeze setup is a unique trading strategy that combines both Bollinger Bands and Keltner Channels.
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