Keep an eye on Bollinger Bands to confirm an ETH/USD breakout

Opted for a more reactive BB setting of (10, 1.9) to track the next breakout on the ETH/USD daily chart. The upper and lower bands continue to narrow as low volatility and lack of direction continue. A close above the upper band will confirm a bullish rally, a close below the lower band will confirm a bearish sell-off.

These bands are a great tool to understand the difference between intraday noise and interday direction.