The Day of the Eleven has ended, tomorrow I will start a live broadcast to lead in copy trading.

Two: Let's talk about Bollinger Bands:
Understanding Bollinger Bands, sooner or later you will be tall, rich, and handsome. Bollinger Bands, abbreviated as BOLL, consist of three band lines. The top line is the upper Bollinger band, the middle line is the middle Bollinger band, and the bottom line is the lower Bollinger band. The upper line can be considered as the price resistance line, while the lower line can be interpreted as the price support line. Between the two band lines is the average price line, which is the twenty-day moving average in the moving average system. In general, stock prices tend to move within the channel formed by the resistance line and the support line. These three small bands hide endless possibilities. The default calculation period is twenty, and the characteristic parameter is two. When the price moves above the upper band, it is considered an extremely strong attack; when it moves between the middle band and the upper band, it is considered an upward channel; between the middle band and the lower band, it is considered a downward channel; and below the lower band, it is considered an extremely strong drop. Once you master the shapes and definitions of Bollinger Bands, how can you use the Bollinger Band indicator to select stocks? What are the stock selection techniques?
First, observe the size of the Bollinger Bands indicator opening, pay more attention to assets whose opening is decreasing. If during the increase process the Bollinger Bands indicator opening becomes smaller, it means that the increase in stock prices is becoming smaller. If during the decrease process the Bollinger Bands indicator opening becomes smaller, it means that the decrease in cryptocurrency prices is becoming smaller, the buying and selling forces tend to balance out, and the price will choose a direction to break out. The smaller the opening, the greater the force of the price breakout.
After selecting an asset with a Bollinger band indicator whose range is relatively small, one cannot intervene immediately, as these assets may break upwards or downwards. So, which assets with a reduced range can be intervened?
First, in the K candle chart, the moving average system shows a bullish arrangement, that is, the ten-day moving average, the thirty-day moving average, and the sixty-day moving average are in a bullish arrangement.
Second, observe the position of the current price; it is better to choose coins whose price is at a relatively low level. If the previous increase has exceeded 30%, caution should be taken.
Thirdly, the Bollinger line should preferably be in an upward movement, and at least it should be moving sideways, so the chances of success are higher.
Fourth, the best thing is to focus on current trending sectors, so you can make profits quickly.
Fifth, the best time to intervene is when the price breaks upward with an increase in volume and the Bollinger Bands expand.
Next, let's look at the four main functions of Bollinger Bands.
1. Bollinger Bands can indicate support and resistance levels. The upper and lower bands of the price channel show the maximum and minimum prices at which trading can be done safely, and the upper, middle, and lower lines can act as support for the cryptocurrency price, while the upper line and the middle line can sometimes exert pressure on the price movement.
2. Bollinger Bands can indicate trends and channels. Bollinger Bands consist of three lines: the upper line, the middle line, and the lower line. Above the middle line is the trading trend, while below the middle line it is recommended not to trade. Strong assets move between the middle line and the upper line, while weak coins are found below the middle line.
Three, the Bollinger bands can show overbought and oversold conditions. Remember that if the token price breaks the upper band, there will be a pullback, and if the price falls below the lower band, there will be a bounce. This is the principle that all extremes reverse, that is, the state of return.
Four, selection of the direction of the Bollinger band. The key point of the operation is that the contraction of the upper and lower bands hides an abrupt variation; the greater the opening, the greater the risk.
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