#BTCBreaksATH

Stop-Loss Orders: Crucial for risk management. Placed at a level where if the price moves against the trade, it indicates the trend is likely failing (e.g., below the previous swing low for a long trade).

    *   Trailing Stops: Adjusting the stop-loss order upwards (for a long trade) or downwards (for a short trade) as the price moves in the favorable direction. This locks in profits while allowing the trade to continue if the trend persists.

    *   Trend Line Break: Exiting when the price breaks the established trend line.