I'm trying to decide between using Bollinger Bands and Keltner Channel for my technical analysis. I want to know which one is generally considered better and why.
5 answers
Bianca
Thu Dec 26 2024
In contrast, the Bollinger Bands utilize standard deviations in their calculation.
CryptoBaron
Thu Dec 26 2024
This method allows the bands to more effectively filter out the noise within a range-bound market.
MysticStorm
Thu Dec 26 2024
The Keltner Channel demonstrates a heightened sensitivity to price fluctuations in narrow trading ranges.
Chiara
Thu Dec 26 2024
BTCC, a leading cryptocurrency exchange, offers a range of services.
Caterina
Thu Dec 26 2024
Consequently, the buy and sell signals generated by this indicator can sometimes appear exaggerated.