Master volatility-based trading. Identify overbought/oversold conditions and exploit "Squeeze" breakouts.
BTCUSDT
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ETHUSDT
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Bollinger Bands consist of three lines. The connection between price and these bands determines volatility and potential breakouts.
Bands narrow significantly, indicating low volatility. This is the calm before the storm.
Price closes outside the bands. Volume MUST increase on the breakout candle.
Stay in the trade as long as price "walks" up the upper band (or down lower band).
Prices often break out in one direction briefly before reversing hard in the true trend direction. Wait for candle close confirmation.