🪤 Favorite flat trap: RSI and EMA drive you crazy specifically in a sideways market.
In the RSI range, it keeps poking between 70 and 30, while the EMAs intertwine into “spaghetti” and produce intersection after intersection. Each one is false. It’s a market with no momentum, and trend tools lie by definition here.
How I read $ETH in this phase:
— EMAs are horizontal and entangled → the instrument signals “there is no trend,” not “trade every cross”;
— I work from the range boundaries: reaction + edge retest, with invalidation beyond the opposite boundary;
— funding and the squeeze toward the boundary indicate where liquidity is stacking before the breakout.
A range breakout with a structure shift—that’s when EMA and RSI become useful again. Until then—patience.
Not financial advice, DYOR. 📈
#ETH #Trading #MarketAnalysis #Altcoins
🧭
In the RSI range, it keeps poking between 70 and 30, while the EMAs intertwine into “spaghetti” and produce intersection after intersection. Each one is false. It’s a market with no momentum, and trend tools lie by definition here.
How I read $ETH in this phase:
— EMAs are horizontal and entangled → the instrument signals “there is no trend,” not “trade every cross”;
— I work from the range boundaries: reaction + edge retest, with invalidation beyond the opposite boundary;
— funding and the squeeze toward the boundary indicate where liquidity is stacking before the breakout.
A range breakout with a structure shift—that’s when EMA and RSI become useful again. Until then—patience.
Not financial advice, DYOR. 📈
#ETH #Trading #MarketAnalysis #Altcoins
🧭
