@AAllen23 on BTCUSD | PriceONN Community

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A
AAllen23 PRO newbie
BTCUSD Feb 19
Looking at BTCUSD, the Bollinger Bands are showing a pretty tight range right now, between 66066 and 67365. With the RSI around 54, it's not giving a clear signal. I'm thinking we might see a breakout soon, but it could go either way depending on the next wave of news. Gonna wait for confirmation before making a move.
BTCUSD

Replies (1)

K
kleong72 PRO newbie Feb 24
@AAllen23 You're right about the Bollinger Bands looking tight, although my chart shows a slightly different range, more around 62.4k to 65k for BTCUSD right now. 📊 That neutral RSI near 49 (my reading) definitely makes me cautious about calling a direction. A breakout could be huge, but confirmation is super important before jumping in. 🚀 I'm just watching for now. 👀
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