What Are Bollinger Bands? A Guide to the Indicator for Crypto Trading

The Bollinger Bands indicator tracks price action based on volatility. The ability to read this indicator is useful not only for gauging trends during sideways movements but also for taking advantage of sudden price surges during breakouts. This guide will help you understand and use Bollinger Bands in crypto trading.

What Are Bollinger Bands?

Bollinger Bands are a technical analysis tool used to track target price movements based on market volatility. Although they consist of several bands, all of them work together cohesively to form a single, inclusive indicator.

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