What indicators do you use or how do you know when to enter?
NeoCripto-BTC
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Bearish
🛑 Why I Decided NOT to Touch My USDT Today (The Hardest Trading Lesson) 🧵
Many ask me: "Why aren't you trading if the market is moving?" The answer is simple: I'm not looking for action, I'm looking for profits. Today I'm sharing real screenshots of my analysis from a few minutes ago on $SOL, $BTC, and $ETH. As you can see, there are 3 technical reasons why I chose to close my laptop and wait until tomorrow:
"Stuck" Lines (Lateralization): Look at the moving averages (MA7 and MA25) in my screenshots. They're intertwined. When the price forms this "sandwich," there's no clear trend. Entering at that point is like flipping a coin.
RSI in "No Man's Land": My RSI(6) was reading 54 on Solana and similar levels elsewhere. If the RSI isn't at the extremes (20 or 80), I don't have a statistical edge.
Deceptive Rejections: In $XRP we saw a strong candle, but with a strong rejection from above and RSI still having room to fall. It's not worth risking capital on a half-formed signal.
Trading isn't pressing buttons every 5 minutes. Sometimes, the best trade is the one that ISN'T made. Preserving my capital intact for tomorrow's New York open is my first win of the week.
See you tomorrow at 8:30 AM to look for real volume! 🚀
Do you also feel the pressure to trade even when you don't see anything clear? Tell me how you manage that anxiety below. 👇 #tradingtips