I'm wondering if the Keltner Channel can be considered as a leading indicator in technical analysis. I want to understand if it has the ability to predict future price movements.
7 answers
CryptoQueen
Tue Dec 03 2024
There can be a delay in reflecting changes in trend direction or strength.
Maria
Tue Dec 03 2024
The Keltner Channel is a technical analysis tool that utilizes a moving average as its foundation.
Eleonora
Tue Dec 03 2024
A moving average is considered a lagging indicator in financial markets.
Marco
Tue Dec 03 2024
Traders who rely solely on the Keltner Channel may miss out on opportunities due to this lag.
CryptoAlchemyMaster
Tue Dec 03 2024
This means that it tends to follow the price action of an asset rather than predict it.