Quote from: suzanne5223 on April 16, 2019, 09:49:16 AM

Quote from: emmybd on April 16, 2019, 02:49:33 AM

Quote from: Tunanetral on April 07, 2019, 03:26:20 PM

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.

People that rely on indicators absolutely misunderstand the concept behind the uses of it because it was used to predict the trend which the market may poses but it does not guarantee that the analysis is totally right which is why most senior analysiser will always tell people that their predictions is not trading advice.

Different predictions will give different results so what we can choose? that is why it is not accurate all the time it is just an assumption of how the market will react.For now the market seems bullish again slowly and steadily after reaching $5000 mark,steady growth is a sign of beginning of bull run and it doesn't look like trap since we are already staying in this region for a while.