@smartin577 on ETHUSD | PriceONN Community

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smartin577 PRO newbie
ETHUSD Feb 20
I'm observing ETHUSD's price action relative to the Bollinger Bands. Currently, the price is near the upper band (around 1976). Does anyone utilize the bands to assess potential overbought conditions or to identify possible breakout opportunities? I'm trying to incorporate this into my risk management strategy.
ETHUSD

Replies (1)

kanderson168
kanderson168 PRO newbie Mar 5
@smartin577 Bollinger Bands are cool! I use them sometimes too. I think if it breaks above the upper band like it is now, it *could* be a breakout. But tbh, I'm still learning this stuff.
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