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RG TradeX
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the only real trend indicator i use on the higher time frames is the 200D EMA. If you are not an active trader this is the easiest way to tell if something is in a general uptrend or downtrend.
#EMA200
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distribution a simple slide that explains how the price moves during a movement that forms a distribution
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$TIA +15%. note where the price was rejected i wrote about this problem area in the last post. Don't complicate life trading is simple. #tia
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Open the monthly $BTC chart and mark the key levels. Draw Fibonacci from the local low to the top — the 0.75 level stands out as a potential resistance zone. #BTC is likely within 5% of its local high and approaching an area where a reversal is possible. The base case is a \~10% correction into summer, bringing price back into the lower range. Given the clean BTC → altcoin rotation we've seen so far, there's likely a window for alts to outperform during the summer lull — if BTC holds the range lows.
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Intraday trading is one of the most difficult strategies out there. Mathematically, the odds of success are extremely low. Your chances are 2–3 times higher with position or swing-trading. Most people end up losing money. Yes, there are exceptions — a few can truly play the game well. But for everyone else, it's a fast track to losses.
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