Bollinger bands of the hourly ticker price of ETH in canadian pesos starting October 2016 on Kraken. What's your analysis /biz/? Are Bollinger bands something worth looking at?
I guess you guys are too busy shilling your shitcoins
i dont like bollinger bands honestly
but that is a sharp contraction in recent days
indicates a significant move soon
not sure which direction though of course, hopefully up but there are dark clouds on the market right now
>>2887045
also your bands look pretty retarded, I dont think you have them set up correctly.
on those huge up spike days it should be riding hard on the top band...
>>2887159
>>2887045
I use BBs for short term entrys most, also if you expect an uptrend movement, consider the global marketcap went fron $95bln to $85lbn from yesterday to today, so I think it is going to dip till next week.
>>2887159
You're probably right. I used hourly data instead of daily but still used a 20 days simple moving average. Looks less weird if I a use a shorter time frame
>>2887233
like i said i dont really like bollinger bands
i barely use them so hey whatever works for you
>>2887242
Not trading anyway, just playing with the data to learn a bit.