Did you miss a crypto pump? Don't panic!
There is a simple and effective method to enter even after the initial movement:
1️⃣ Wait for a stabilization phase around the peak reached.
2️⃣ Draw a horizontal line at this key level.
3️⃣ Watch for the breakout: enter when the candle closes above this peak (depending on the timeframe you are analyzing).
4️⃣ Follow the movement until the next potential resistance level.
And for the invalidation?
The same level you used for your entry becomes your invalidation threshold.
If a candle closes again below this peak, it indicates a false breakout (fakeout): you should then manage your risk and consider exiting the position.
This setup is valid on all cryptos and on any time interval. Each timeframe offers a different reading and unique opportunities.
Stay disciplined, follow your plan, and above all...
Good luck with your trades! Keep learning every day!
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