mohamed belkaidDec 16, 2021 · 3 years ago3 answers Can Bollinger Bands indicator be used to predict price movements in specific cryptocurrencies?
Is it possible to use the Bollinger Bands indicator to accurately predict the price movements of specific cryptocurrencies? Can this technical analysis tool provide reliable signals for buying or selling cryptocurrencies based on the bands' upper and lower limits? How effective is this indicator in the volatile and unpredictable cryptocurrency market? Are there any limitations or factors to consider when using Bollinger Bands for cryptocurrency price prediction?