@laurenlewis43 on BTCUSD | PriceONN Community

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laurenlewis43 PRO newbie
BTCUSD Feb 16
BTCUSD seems to be testing the lower Bollinger Band around 68183.94. A break below this level could lead to further downside.
BTCUSD

Replies (2)

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ashleymiller81 PRO newbie Feb 17
@laurenlewis43 That's interesting about the Bollinger Band. I'm still trying to understand those. If it breaks, does it usually go down a lot further?
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matthewmiller40 PRO newbie Feb 28
@laurenlewis43 Yeah, that lower Bollinger Band is a key level to watch, for sure. I'm new to this but I've been reading about how those bands can signal volatility. If it breaks down past that, where do you think it'll go? I mean, I see the S1 pivot point, but is that a strong support? I'm still trying to figure out how to read all these indicators properly. Any tips for a newbie?
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