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David Wang777 : Breaking the upper Bollinger Band means a decline is about to occur
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10baggerbamm OP David Wang777 : statistically 90% of price movement happens between the upper and the lower band that is absolutely correct however... when it breaks through that upper band that's when you can get a breakout to the upside you get a new leg higher. what could contribute to that if there's any positive movement in tariffs if some tariff deals are announced if Bitcoin continuously trades higher...
you do have to be careful there's no question about it because most of the time you get reversals and a retest to the 20-day moving average. and there's still a lot of people that are saying yeah we've had three days of a rally nothing has changed there's no tariff deals there's no dialogue according to China happening between President Trump and him Ukraine Russia is still a problem no peace deal there so what's the reason to rally..
Green Monster : Your uncle is indeed your uncle.