Trade Bitcoin Trading

Bollinger Band Bitcoin Trend Reversals

Wait for Bitcoin price to bounce back after hitting a Bollinger band. That could signal a real reversal in your trade.

Furthermore, a bitcoin trader should observe the bitcoin price crossing over the moving average.

Double Bottom Bitcoin Trend Reversals

A double bottom signals a buy in crypto. It forms when Bitcoin price dips below the lower Bollinger Band, then bounces to a first low. Later, it hits another low, but this one stays above the band.

The second bitcoin low should not drop below the first. It also must avoid the lower band. This bull signal confirms when price closes above the middle band, a simple moving average.

Double Bottoms - Bollinger Bands Trend Reversal BTC USD Strategies

Double Bottom - Bollinger Bands Bitcoin Trend Reversals Trading Strategy Using Double Bottoms Bitcoin Chart Patterns

Double Top Bitcoin Trend Reversals

A double top signals a sell in crypto. It forms when Bitcoin price breaks above the upper Bollinger band and falls back to make the first high. Later, another high forms below that band.

The second bitcoin price high must not be higher than the first one and it important is that the second bitcoin price high does not touch or penetrate the upper band. This bearish cryptocurrency trading setup is confirmed when the bitcoin price action moves and closes below the middle band (simple moving average).

Double Tops - Bollinger Bands Trend Reversal BTCUSD Strategies

Double Top - Bollinger Bands Trend Reversals Trading Strategy Using Double Tops Chart Patterns

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