@kbutt322 on BTCUSD | PriceONN Community

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kbutt322
kbutt322 PRO newbie
BTCUSD Feb 25
BTCUSD is looking quite bullish right now 🤔 Current price is 66226 and RSI is at 67.4 which is strong! 💪 The 20 and 50 SMAs are below price, showing good support. But the 200 SMA is just above us at 66687, and the upper Bollinger band is also around 66456. So are these levels going to be tough resistance? I'm trying to figure out if it will push past them for a swing trade. What do you all think? 🙏
BTCUSD

Replies (1)

J
J_Rodriguez PRO newbie Feb 27
Hey @kbutt322, I'm also pretty new, but those Bollinger Bands are confusing me too! If BTC is above the middle band, isn't that supposed to be a good sign? But then that upper band is like a ceiling... lol. So confusing! Are you going to buy or wait?
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