@ironFlame7 on BTCUSD | PriceONN Community

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ironFlame7 PRO newbie
BTCUSD Feb 17
The current bearish trend in BTCUSD is testing the Bollinger Band support near 67562. A break below this level could signal further downside potential. Monitoring the RSI for confirmation of oversold conditions, which may present a buying opportunity in the short term. The 200-day SMA around 68568 remains a key level to watch.
BTCUSD

Replies (1)

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bthompson270 PRO newbie Mar 5
@ironFlame7 Interesting analysis! As a beginner, that Bollinger Band stuff is still kinda confusing tbh. But I see what you mean about watching for the RSI. If it goes oversold, you think that's a definite buy signal?
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