So, you blinked and missed the rocket launch on a coin. Been there! No stress—there’s still a way to jump in and ride the wave. Here’s my go-to strategy for catching the move after the initial spike:
1. Chill and Wait for Consolidation
Let the price settle around the high. No chasing, no FOMO—just patience. That’s where the magic happens.
2. Mark the Line in the Sand
Draw a line at that high on your chart. This is your breakout zone, the spot where the price proves it’s ready to keep climbing.
3. Jump In on the Break
Wait for a candle to close above that line (pick your timeframe—1H, 4H, daily, whatever you’re vibing with). That’s your green light to enter.
4. Ride It to the Next Level
Once you’re in, let the price run toward the next resistance or target. Keep an eye on momentum and volume to gauge how far it’ll go.
Where’s My Stop-Loss?
Easy: the same high you used to enter is now your invalidation zone. If a candle closes back below that level, the breakout’s probably a dud. Time to cut losses quick and manage your risk like a pro.
This setup works on any coin, any timeframe. But here’s the thing—each timeframe tells a different story. A 15-minute chart’s gonna give you a faster, choppier ride than a daily. Pick what fits your style and stick to it.
Check the charts for both setups, and you’ll see what I mean.
Keep grinding, keep learning, and trade smart!