@AshleyM94 on BTCUSD | PriceONN Community
I'm trying to understand these Bollinger Bands everyone talks about. It looks like BTC is below the lower band right now. Does that mean it's oversold and might bounce back up? Or does it mean it's going to keep going down? I'm also seeing that the RSI is low, which I think also means it's oversold. I'm just worried about a dead cat bounce, you know? I don't want to buy in too early and then lose even more money. Any advice?