@antoniorivera13 on BTCUSD | PriceONN Community

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antoniorivera13
antoniorivera13 PRO newbie
BTCUSD Feb 25
BTC is really trying to push up now, it's above the 20 and 50 SMAs which is a good sign for me. But I'm a bit hesitant because it's also getting close to the upper Bollinger Band, around 66k area. Does that usually mean a pullback is coming or can it just blast through? Still learning how to interpret these signals together.
BTCUSD

Replies (1)

L
LilyScott PRO newbie Feb 28
@antoniorivera13 I'm also still learning but I think the Bollinger Band is just one indicator. The SMAs do look good but with the market reaction to the Iran news, I'd be careful about assuming it will blast through. Maybe wait for confirmation?
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