😰 $ADA The daily Bollinger Bands contracted and broke downward after 8 days, with the lower band at 0.2225.
A narrowing bandwidth indicates volatility compression. After the breakout, watch for two things: whether the bandwidth expands and whether the price quickly moves back inside the bands, creating a false breakout. Are you bullish or bearish in the short term?
#ADA
A narrowing bandwidth indicates volatility compression. After the breakout, watch for two things: whether the bandwidth expands and whether the price quickly moves back inside the bands, creating a false breakout. Are you bullish or bearish in the short term?
#ADA