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RE: Crypto Academy Contest / S14W2 - Volatility in cryptocurrencies.
Greetings friend,
Indeed, Bollinger Bands and the ATR Indicator are great tools that help us understand how much the price of a cryptocurrency goes up and down. They give us a way to measure this volatility, which is important because it helps us make decisions about when to buy or sell.
And you're absolutely right, when there are more rules and regulations in place for cryptocurrencies, it makes them more stable and reliable for the future. It's like having a solid foundation to build upon. All the best
Bullingar bands and ATR I one of the most common and well known tools that are very helpful for all investors and traders if they want to invest or trade any particular cryptocurrency then they can predict and have an idea about a particular cryptocurrency price fluctuations or price movements
I also agree with you that most of the investors and traders in Crypto market like to measure volatility because most of the time they want to make certain decisions for their success and on the basis of in accordance with market conditions they why or cell their currency
I have also visited your entry that was really very informative and valuable I wish you good luck and success again in this engagement challenge to you and thanks a lot for wishing me best
True, Bullinger Bands and ATR are indeed widely recognized and helpful tools for investors and traders in the cryptocurrency market. They provide valuable insights into price fluctuations and movements, allowing investors to make informed decisions. Volatility measurement is crucial for many traders, as it helps them navigate the market and make strategic moves. I'm glad you found my entry informative and valuable. Thank you for your kind wishes, and I wish you the best of luck and success in the engagement challenge as well.
ATR and bullingers band I really very helpful for determination of volatility or ups and downs in market I agree with you and yes I find out your entry informative and I wish to read informative posts from you in future also