🚨 BOLL Indicator — how to catch reversal points?
Bollinger Bands — volatility packaged into three lines: the upper (UP), the middle (MA), and the lower (DN). Price spends most of the time inside the channel.
Signals:
· Touch the upper band → overbought; a pullback may happen.
· Touch the lower band → oversold; expect a bounce.
· Band narrowing → a lull before a strong move.
· Breakout with volume → trend confirmation.
Using example
$ETH :
· UP: $1,947.75
· MB (middle): $1,917.14
· DN: $1,886.54
Price $1,889.71** is almost at the lower band — an oversold zone. A bounce to **$1,917 and above — is likely!
Plan (long):
🔹 Entry: 1,886 – 1,890 (from the lower band)
🔹 SL: 1,870
🔹 TP1: 1,917 (MB)
🔹 TP2: 1,947 (UP)
Risk 1–2% of the deposit.
🔥 Do you think ETH will bounce off the lower band? Write in the comments!
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