"By looking at the chart we'll have big rise very soon,
for example when bolinger bands get closer that indicates
rise."
Morning zansaxon,
This quote from here may be of interest to you. Notice that "followed by a sharp price movement" is mentioned, not the direction of that movement...
"Contracting bands warn that the market is about to trend: the bands first converge into a narrow neck, followed by a sharp price movement. The first breakout is often a false move, preceding a strong trend in the opposite direction.
Did you see this chart?
Regards
Chalea
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Last
1.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $29.74M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $3.3K | 300K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 5834004 | 1.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.1¢ | 154900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 5834004 | 0.010 |
4 | 4026000 | 0.009 |
4 | 904999 | 0.008 |
1 | 500000 | 0.007 |
5 | 10755000 | 0.006 |
Price($) | Vol. | No. |
---|---|---|
0.011 | 54900 | 1 |
0.012 | 1942510 | 5 |
0.013 | 1674703 | 6 |
0.014 | 2239999 | 3 |
0.015 | 2590146 | 5 |
Last trade - 10.00am 04/10/2024 (20 minute delay) ? |
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