This strategy is designed to **identify potential reversals** in Bitcoin’s price by leveraging **Bollinger Bands, RSI confirmation, and volume filtering**. It helps traders spot **overbought and oversold conditions**, allowing them to enter high-probability trades.
2️⃣ **SELL Signal (Short Entry) 🔻** - Price **touches or moves above the upper Bollinger Band** (indicating overbought conditions). - RSI (14) **rises above 70** (confirming overbought momentum). - Volume **is above the 20-period average** (to confirm strength).
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### **🔹 Why This Works?** ✅ **Mean Reversion Concept:** Assets tend to revert to their average price after extreme movements. ✅ **RSI Confirmation:** Ensures signals are backed by actual momentum shifts. ✅ **Volume Filter:** Reduces false signals caused by low liquidity. ✅ **Color-Coded Alerts:** Enhances readability for quick decision-making.
This strategy is ideal for **scalping or swing trading**, depending on the timeframe used. 📈
Would you like me to tweak it further or add stop-loss/take-profit levels? 🚀