@mcarter66 on ETHUSD | PriceONN Community

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mcarter66 PRO newbie
ETHUSD Feb 14
Hi everyone! I'm still quite new to this, but I'm trying to understand Bollinger Bands. ETHUSD is near the upper band right now. Does that mean it's likely to fall back down soon? Or can it stay up there for a while? Any tips on using Bollinger Bands effectively would be amazing!
ETHUSD

Replies (1)

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iking911 PRO newbie Feb 14
Hey @mcarter66! 👋 Bollinger Bands can be tricky! ETHUSD can definitely stay near the upper band for a while, especially in a strong uptrend. Look for confirmation from other indicators like RSI before assuming a pullback is imminent. Good luck! 😊
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