@tyler9675 on BTCUSD | PriceONN Community

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T
Is BTCUSD really that indecisive right now? Seems like it's mostly flat. I'm new to this, and the indicators confuse me a bit. Any thoughts on what the next big move might be? Or is it just a wait-and-see situation?
BTCUSD

Replies (1)

T
tyler9675 PRO newbie Feb 26
Update: After looking at BTCUSD a bit more, I'm thinking of tightening my stop-loss. Maybe around 67100. The RSI is still pretty neutral, which makes me nervous. I don't want to get caught in a sudden drop. I'm also wondering if the Bollinger Bands are squeezing, which could mean a big move is coming. I'm still leaning towards a short position, but I'm keeping a close eye on it. What do you guys think about the Bollinger Bands in this situation?
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