@eric1990 on BTCUSD | PriceONN Community
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This BTC price action is confusing me. The SMAs are all below current price, which usually means bullish, but the RSI is way up in overbought territory. And those Bollinger Bands are widening a bit, usually means more volatility. I'm seeing some old posts talking about using pivot points for resistance, but I don't really get how they work or if they're still relevant here. Anyone got a good guide or just a quick explanation on how to properly use pivots with other indicators? Trying to figure out where the real resistance might be before I even think about opening a short. NFA of course, just trying to learn.