@rgarcia738 on ETHUSD | PriceONN Community

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R
Anyone else using Bollinger Bands on ETH? The upper band is around 1985 and lower is 1910. If it breaks either, does that mean a big move is coming? Or is it just a fakeout most of the time? Still trying to learn these things.
ETHUSD

Replies (1)

C
christopher1942 PRO newbie Feb 26
@rgarcia738 hey totally get what you mean about Bollinger Bands! I'm still figuring them out too, it's kinda confusing sometimes with the upper and lower bands. I saw the upper band around 2100 today, which feels like a resistance point right? I always wonder if it's a real breakout or just a little fakeout to trick us. I heard sometimes price can 'walk' the band for a while. It's so hard to tell when to enter or exit based on them, especially with ETH being so wild! What do you usually look for to confirm a real move? Like, do you use other indicators with it? I'm trying to learn more about how to use them effectively for my swing trades.
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