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Type: Volatility + Reversal | Best for: identifying price extremes Bollinger Bands are 3 lines: a middle average and two bands (upper and lower) that expand and contract with volatility. Price touches the upper band → it's "stretched" → it may come back → consider SELLING Price touches the lower band → it's "stretched" → it may come back → consider BUYING Very tight bands → low volatility → get ready for a strong move Recommended setting: period 20, deviation 2 (default). Be careful: Bollinger Bands are not an automatic signal. The price can "walk along the band" for several candles during strong trends. Always use it with another confirmation indicator. Type: Oscillator | Best for: identifying overbought and oversold conditions The RSI measures the strength of a price move on a scale from 0 to 100. In practice, you use it like this: RSI above 70 → asset overbought → tendency to drop → consider SELLING RSI below 30 → asset oversold → tendency to rise → consider BUYING Recommended setting: period 14 (default), 5-minute timeframe. The RSI works best in sideways markets — when the price is oscillating within a range. In strong trends, it can get "stuck" above 70 or below 30 for a long time, giving false signals. Tip: combine the RSI with support and resistance. If the RSI is below 30 and the price is at a support level, the probability of a reversal increases. Bollinger Bands + RSI — Bollinger shows the extreme, RSI confirms overbought/oversold

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