Post
Topic
Board Trading Discussion
Re: Bulls need time
by
udidrone
on 16/04/2019, 03:15:31 UTC
One potential worrying factor for the sustainability of this impressive bitcoin rally is the fact that the weekly Stochastic Relative Strength Index (Stochastic RSI) refuses to go down from a very overbought level. Instead, it only moves sideways while still maxed out

There is a huge doubt that this impressive bitcoin rally would last long, so we have to wait and watch until the thing stabilizes. We don't have to rely on indicators much, as most of the time they go wrong.
Only time which can decide in what trend bitcoin was. Because we know this pump still on short time and people actually can't decide it is on bull trend or not. Because trend means it keep increased until reach it's ATH.