Breakout or Fakeout? Here’s How to Tell
Not all breakouts are created equal.
✅ Real breakout:
Strong volume
Clean candle close above resistance
Often followed by a retest + continuation
❌ Fakeout:
Weak or no volume
Quick wick above level, then dump
Traps breakout traders (ouch)
Pro tip: Wait for confirmation — don’t FOMO the first candle.
Breakouts are opportunities. Fakeouts are expensive lessons.
#Breakouts #CryptoTrading #ChartPatterns #CircleIPO #CryptoEducation