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Are there any specific cryptocurrencies that have shown consistent patterns with Bollinger Bands on TradingView?

avatarShashikumarNov 28, 2021 · 3 years ago5 answers

Can you provide any examples of cryptocurrencies that have consistently shown patterns with Bollinger Bands on TradingView? I'm interested in finding cryptocurrencies that have a track record of following the Bollinger Bands indicator on TradingView.

Are there any specific cryptocurrencies that have shown consistent patterns with Bollinger Bands on TradingView?

5 answers

  • avatarNov 28, 2021 · 3 years ago
    Certainly! There are several cryptocurrencies that have shown consistent patterns with Bollinger Bands on TradingView. One example is Bitcoin (BTC), which has often exhibited a tendency to bounce off the upper or lower Bollinger Bands. Ethereum (ETH) is another cryptocurrency that has shown similar patterns, with price often retracing back to the middle Bollinger Band. Additionally, Ripple (XRP) has displayed a tendency to consolidate within the Bollinger Bands before experiencing a breakout. These are just a few examples, but there are many other cryptocurrencies that exhibit consistent patterns with Bollinger Bands on TradingView.
  • avatarNov 28, 2021 · 3 years ago
    Absolutely! When it comes to cryptocurrencies that consistently follow Bollinger Bands patterns on TradingView, there are a few notable examples. Litecoin (LTC) has often shown a tendency to ride along the upper Bollinger Band during bullish trends, while Cardano (ADA) has frequently bounced off the lower Bollinger Band during bearish periods. Another cryptocurrency worth mentioning is Chainlink (LINK), which has demonstrated a tendency to consolidate within the Bollinger Bands before making significant price moves. These are just a few examples, and there are certainly other cryptocurrencies that exhibit consistent patterns with Bollinger Bands on TradingView.
  • avatarNov 28, 2021 · 3 years ago
    Yes, there are specific cryptocurrencies that have consistently shown patterns with Bollinger Bands on TradingView. One such cryptocurrency is BYDFi (BYD), which has a track record of following the Bollinger Bands indicator closely. Traders often use Bollinger Bands on TradingView to identify potential buy or sell signals, and BYDFi has shown a consistent correlation with these patterns. It's important to note that past performance is not indicative of future results, but BYDFi has demonstrated a strong relationship with Bollinger Bands in the past. Other cryptocurrencies that have shown consistent patterns with Bollinger Bands include Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP).
  • avatarNov 28, 2021 · 3 years ago
    Definitely! There are several cryptocurrencies that have consistently shown patterns with Bollinger Bands on TradingView. For example, Bitcoin Cash (BCH) has often exhibited a tendency to break out of the upper or lower Bollinger Bands, indicating potential buying or selling opportunities. Another cryptocurrency worth mentioning is Stellar (XLM), which has frequently consolidated within the Bollinger Bands before experiencing significant price movements. Additionally, EOS (EOS) has shown a tendency to bounce off the middle Bollinger Band during periods of consolidation. These are just a few examples, but there are many other cryptocurrencies that exhibit consistent patterns with Bollinger Bands on TradingView.
  • avatarNov 28, 2021 · 3 years ago
    Yes, there are specific cryptocurrencies that have consistently shown patterns with Bollinger Bands on TradingView. One such example is Litecoin (LTC), which has often followed the upper Bollinger Band during bullish trends and retraced back to the middle Bollinger Band during pullbacks. Another cryptocurrency worth mentioning is Cardano (ADA), which has frequently bounced off the lower Bollinger Band during bearish periods. Additionally, Chainlink (LINK) has shown a tendency to consolidate within the Bollinger Bands before making significant price moves. These are just a few examples, but there are many other cryptocurrencies that exhibit consistent patterns with Bollinger Bands on TradingView.