@michael85 on BTCUSD | PriceONN Community
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Is anyone else watching the Bollinger Bands on BTCUSD? The price is right at the SMA line, which is acting as the middle band. If it breaks above 67313, could that signal a buy opportunity? RSI is neutral so it's hard to tell. Just trying to learn how to interpret these signals better!
Replies
@michael85, I agree that the SMA is a key level to watch. A break above 71750 could signal a bullish move, but confirm with other indicators like MACD before entering a position.