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via Cointelegraph · By Cointelegraph Staff

Bollinger Bands Creator Diverges With Traders as Bitcoin Breakout Begins

BTC

BTC/USDT

$59,380.81

-2.42%

$59,380.81

-2.42%

(24s)

24h Volume

$29,812,375,357.43

24h H/L

$61,962.40 / $58,115.01

Change: $3,847.39 (6.62%)

Long/Short

70.8%

Long: 70.8%Short: 29.2%

Funding Rate

+0.0001%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$59,569.62

▼ -0.38%

Volume (24h): -

Resistance Levels

Resistance 3$70,506.94

Resistance 2$63,906.84

Resistance 1$60,995.63

Price$59,569.62

Support 1$59,292.33

Support 2$57,325.32

Support 3$51,387.09

Pivot (PP):$59,642.11

Trend:Downtrend

RSI (14):30.1

Cointelegraph Staff

(10:55 AM UTC)

1 min read

Updated byEmily Watson

892 views

0 comments

Bitcoin (BTC) is attempting its first Bollinger Bands breakout in months — but creator John Bollinger is more bullish than some traders.

Key points:

Bitcoin faces stiff resistance as it attempts daily candle closes above the upper Bollinger Band.
Volatility comes right on cue after the Bands' tightest-ever conditions last month.
Creator John Bollinger takes advantage of "positive" trading signals as…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

Cointelegraph Staff · Cointelegraph

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