Bollinger Bands, a common indicator used in crypto trading s | ENSIGN TRADING on Binance Square

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Bollinger Bands, a common indicator used in crypto trading strategies. 
Here's some insight on how they work 👇

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💸 Investors are reluctant to sell BTC. According to Santiment, there has been a significant increase in investor interest in buying bitcoin (BTC), while interest in selling has slowed down. The major cryptocurrency was still approaching its support zone as recently as yesterday.

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💰 Bitcoin is the asset that reached a capitalization of $1 trillion the fastest. It took it only 12 years. Despite the fact that the first cryptocurrency appeared only 12 years ago, it is already successfully competing with the biggest tech companies. 📊 At the end of 2014, BTC was trading at $378. Now its value is at ~$58K Stock up on Bitcoin now and sell it at a high level later!

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#BTC gone our way and dropped hard back to $60,000 and even surpasses below, by which printed a new lower low. Another liquidity grab happened and might push to the upside now but not a reversal. #btc

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Here's the Analysis of #BOME : #BOME reached the listing price of the #binance with the market correction, and there's a good and key support area of $0.0073 - $0.0082. Price also forming a triangle pattern, where breakout is pending. Nothing is on the support so short good enough after a break below else long will play out if market sustain this level. #BOMEUpdate

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