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Bollinger Band

Bollinger bands is a tool for crypto or stock traders. The bollinger band consists of three lines, usually based on a 'simple moving average'. The middle line is a 'simple moving average' and the outer lines are a multiplication of the middle 'simple moving average'. A detailed explanation can be read in this article about 'Technical Analysis'.

Bollinger Band Explainer Video

What is a Bollinger Band? | Crypto Terms Explained