bollinger bands

[CryptoIyke]

Learnt about this indicator recently and it actually gave a good insight in determining resistance and support at certain trends, though it is not a too safe to use alone in entirety, but it surely does help in making trade decisions

[enawati]

Bolinger band is one of the indicator that good to use when the market in sideaway, and this indikator will not work to use when bullish or bearish trend. When bearish or bullish trend is better to use moving average and RSI.

[CryptoIyke]

Bollinger band is a very good tool as it helps in determining the resistance and support of a particular market trend, With the help of some other trade tools, it helps in making good trade decisions. I use it alongside   RSI and and MACD during traders

[LogitechMouse]

I use Bollinger Bands to know when will I entry and when will I exit. I often combine it with Stochastic RSI to make sure when will I buy and when will I sell. Although these are helpful indicators in traders, there is no such guarantee that you always make profit using this indicators. I think technical and fundamental analysis plays a big role for the traders.

[karungbitcoin]

Indicator of bolinger band will be work better when the market sideaway, and when the market in uptrend or downtrend is better use Moving average. There are many way to determine support and resistance, not only by use indicator but also by use price pattern.