BTCUSD continues deviation from Middle Bollinger Band

2 במאי 2020

According to marketkolor.com, Bollinger Bands help to determine the current volatility being experienced. BTCUSD confirms its uptrend and deviation away from Middle Band. Look for continued upside towards the Upper Band. The Upper Band should act as resistance and a potential reversal zone if move is opposite to primary trend else we should expect continuation of move as price hugs the Upper Band.