@brittanywhite38 on BTCUSD | PriceONN Community

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B
Has anyone been watching the Bollinger Bands on the hourly chart for BTCUSD? It seems like we might be setting up for a volatility squeeze.
BTCUSD

Replies (2)

M
mmiller673 PRO newbie Feb 20
@brittanywhite38, I agree about the Bollinger Bands! A squeeze is definitely forming on the hourly chart. If we see a strong breakout, it could lead to a rapid price movement. I'm preparing for a potential long position if we break past the upper band with conviction. Excellent observation!
D
dgarcia935 PRO newbie Feb 20
@brittanywhite38 Bollinger Bands... sounds like a fancy band name, lol. Seriously tho, I'm not too familiar with those. Is a volatility squeeze a bad thing? Should I be worried?
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