Educational Post:

What is Bollinger Bands?

Bollinger Bands are a technical analysis tool for trading developed by John Bollinger in the 1980s. The bands are part of a volatility indicator that calculates the relative high and low of a security’s price in relation to previous trades.

Volatility is measured using standard deviation, which changes as volatility rises or falls. When the price rises, the bands widen, and when the price falls, the bands narrow. Bollinger Bands can be used to trade various securities due to their dynamic nature.

Bollinger Bands are made up of three lines: upper, middle, and lower. The middle band is a moving average, and the trader determines its parameters. The upper and lower bands are on opposite sides of the moving average band. Price usually moves between the upper and lower line of Bollinger Bands (BB).

SCALP TRADE SETUP:

#ONT/USDT Long Call:

Enter: Market

Targets:
1) 0.2438
2) 0.2461
3) 0.2481

Risk: Medium to High
Advised Leverage: 5X to 8X

All three targets ✅

SCALP TRADE SETUP:

#GAL/USDT Short Call:

Enter: Market

Targets:
1) 2.1807
2) 2.1601
3) 2.1433

Risk: Medium to High
Advised Leverage: 5X to 8X

Here's the analysis of #INJ :

#INJ tapped out the major resistance zone of $4.32 - $4.49 and rejected. Currently, price is taking support above the structural area around $3.38 - $3.54. Also, forming up a broadening formation. If price break and close below the support then we can see a drop till major support around $2.50. Hodl on for buys, until the pattern breakout.

SCALP TRADE SETUP:

#CELO/USDT Short Call:

Enter: Market

Targets:
1) 0.7668
2) 0.7596
3) 0.7536

Risk: Medium to High
Advised Leverage: 5X to 8X

INJ analysis:

INJ has rejected from the major resistance of the $4.10-$4.30 area. The next support is the $3.00 area and we may see a test of this area before the next move. This is no trade zone and wait for a breakout above the resistance or test of the support area.

SCALP TRADE SETUP:

#SAND/USDT Short Call:

Enter: Market

Targets:
1) 0.7744
2) 0.7671
3) 0.7611

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#NEAR/USDT Short Call:

Enter: Market

Targets:
1) 2.445
2) 2.422
3) 2.4031

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#TRB/USDT Short Call:

Enter: Market

Targets:
1) 17.2494
2) 17.0876
3) 16.953

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#TRB/USDT Short Call:

Enter: Market

Targets:
1) 17.2494
2) 17.0876
3) 16.953

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#COTI/USDT Short Call:

Enter: Market

Targets:
1) 0.0927
2) 0.0917
3) 0.091

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#ALPHA/USDT Short Call:

Enter: Market

Targets:
1) 0.1274
2) 0.1262
3) 0.1253

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#RUNE/USDT Short Call:

Enter: Market

Targets:
1) 1.7418
2) 1.7254
3) 1.712

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#BEL/USDT Short Call:

Enter: Market

Targets:
1) 0.5833
2) 0.5778
3) 0.5733

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#ZIL/USDT Short Call:

Enter: Market

Targets:
1) 0.0277
2) 0.0274
3) 0.0272

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#C98/USDT Short Call:

Enter: Market

Targets:
1) 0.2637
2) 0.2612
3) 0.2591

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#XRP/USDT Short Call:

Enter: Market

Targets:
1) 0.38
2) 0.3765
3) 0.3735

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#DYDX/USDT Short Call:

Enter: Market

Targets:
1) 2.6302
2) 2.6054
3) 2.585

Risk: Medium to High
Advised Leverage: 5X to 8X

SCALP TRADE SETUP:

#NKN/USDT Short Call:

Enter: Market

Targets:
1) 0.1042
2) 0.1033
3) 0.1025

Risk: Medium to High
Advised Leverage: 5X to 8X