Simple Profitable Futures Strategy: Breakout Method
#Breakout Tools You Need (on Binance app):
15min or 1hr chart
RSI (Relative Strength Index)
Support & Resistance lines (draw manually)
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Step-by-Step Guide:
1. Identify Key Support & Resistance
On the 1H chart, mark the recent highest price (resistance) and lowest price (support).
Example: BTC is ranging between $62,000 and $63,000.
2. Wait for a breakout
If the price breaks above resistance with strong volume ā Enter a LONG.
If the price breaks below support with strong volume ā Enter a SHORT.
3. Confirm with RSI
Before entering:
For LONG: RSI should be between 50-70 (not overbought).
For SHORT: RSI should be between 30-50 (not oversold).
4. Enter the Trade
Set leverage to 2xā5x max for beginners.
Choose Market Order for fast execution.
5. Set Stop-Loss & Take-Profit
Stop-Loss: Just below (LONG) or above (SHORT) the breakout level.
Take-Profit: 2x your risk. If risking $10, aim to make $20.
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Example (BTC LONG Breakout)
Resistance: $63,000
BTC breaks out to $63,200 with volume.
RSI = 60 ā Good
Enter LONG at $63,200
Stop-Loss: $62,800
Take-Profit: $63,800+
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Golden Rules
Donāt FOMO. Wait for the breakout candle to close.
Always use stop-loss.
Start small ($5-$10 trades) until you're confident
#InvestSmart #InvestSmartly #FutureTarding