I don't think I have ever seen BTC bollinger bands this narrow

in LeoFinance4 years ago (edited)

On a 1HR Chart the spread between bollinger bands is the narrowest I have ever seen

A big move is coming and it's coming very soon.

The spread is narrower than I have ever seen on BTC 1HR charts.

Big moves usually follow periods of decreasing volatility.

We are a coiled spring right now:

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Will this be a move up or a move down?

Considering stocks won't open again for a few days, it may actually be a big move up.

Or maybe it just goes sideways all weekend until stocks open up again, who knows.

Posted Using LeoFinance