Skyito

BTCUSDT (Bullish? not convincing)

Skyito Updated   
BYBIT:BTCUSDT.P   BTCUSDT Perpetual Contract
Guys! Many are so bullish and keep on sayin bull-flag and many bullish chart using Japanese candle chart.

For me, I still stand with short-term bearishness till Renko 100 Stoch RSI reset to bottom.

Base on Renko box size 100, MACD momentum shows sign of losing strength and over bought. Stoch RSI is over bought and wave trend oscillator is close to over bought region. If price suddenly pump, I don't think it will pass above 17500 region.

So I won't be long till Renko box size 100, stoch RSI reset to bottom. Hope you understand what I am trying to explain.

Intermediate term I will be bullish only when Renko box size 100 stoch RSI reset to bottom.
Comment:
Everyone is like bulll flag, bull flag, Ok whatever....

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