@sfoLinda28 on BTCUSD | PriceONN Community

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sfoLinda28
I'm watching BTC closely for a potential swing trade. The Bollinger Bands are starting to tighten a bit, which often precedes a significant move. I'm thinking if we see a solid break above the upper band around 68200, it could trigger a nice run-up. However, the 200 SMA around 68000 could act as resistance, so that's something to keep in mind. I'd set a tight stop-loss just below the 20 SMA to protect against a sudden reversal. Remember, no trade is guaranteed, so always do your own research and be prepared for the unexpected! Maybe I'll wait until London session to make a final decision.
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