Better Technical Analysis with Blockchain Indicators: Bollinger Bands

Some insights about how blockchain analysis can complement some of the most famous technical analysis indicators.

Technical analysis(TA) represents one of the most popular mechanisms used by traders in capital markets and crypto is not the exception. One great thing about TA is that you can find as many fans as detractors in any asset class. In the case of a nascent and immature capital market such as crypto-assets, TA has established itself as one of the few viable mechanisms for extracting short term signals from the behavior of crypto assets. I’ve never been a fan of TA but I also don’t neglect its value and passionate community. Lately, we have been spending some time at IntoTheBlock, thinking about how some popular TA indicators can be improved with blockchain-native signals.

Some of those findings will be discussed at a webinar we are hosting tomorrow at 12pm US EST. Shameless plug 😊

The idea of combining TA and blockchain signals is conceptually trivial. Crypto assets have the unique characteristic of recording a relevant portion of the investor activity in public ledger. Those ledgers represent a gold mine to understand insights about the behavior of groups of investors and, let’s face it, TA…