Strategy-Focused: Breakout vs. Range Trading: Your Playbook | AbdulTawab on Binance Square

Trending Articles

Bookmarked and Liked

--

Strategy-Focused:
Breakout vs. Range Trading: Your Playbook for $117K–$118K Crypto Battlegrounds 
The $1,000 Game: Precision Entries for Sideways Markets (RSI + Volume Secrets)
$BTC 
#USCryptoWeek 

Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.

16

0

Explore the latest crypto news

⚡️ Be a part of the latests discussions in crypto

💬 Interact with your favorite creators

👍 Enjoy content that interests you

Email / Phone number

Relevant Creator

@Square-Creator-2bc62b1bfe79

Explore More From Creator

#USCryptoWeek Why False Breakouts Happen 1. Market Manipulation - Big players ("whales") push price beyond levels to trigger stop losses or lure retail traders. 2. Low Volume/Interest - Breakouts without volume backing lack conviction → easily reversed. 3. News-Driven Spikes - Rumors or low-impact news cause temporary volatility. False Breakout vs. Valid Breakout | Factor | False Breakout | Valid Breakout | |--------------------------|-------------------------------------|----------------------------------| | Volume | Low/declining volume | 1.5-3x average volume | | **Price Close** | Closes *back inside* the level | Closes *beyond* the level | | **Candle Wick** | Extremely long wick (rejection) | Small/no wick (conviction) | | **Follow-Through** | Reverses immediately | Holds level for 2+ candles | | **Indicator Confirmation** | Divergence (e.g., RSI disagrees) | Aligned momentum (RSI/MACD strong) | --- ### **Real Example from Your Chart** ![BTC False - **Breakout**: Price spiked above **118,600 resistance**. - **False Signal**: No volume surge + long upper wick → reversal. - **Result**: Collapsed **-787 points**. --- ### **How to Avoid False Breakout Traps** 1. **Wait for the Close**: Don't trade until the candle *closes* beyond the level. 2. **Demand Volume Confirmation**: Volume must be **>1.5x average** during breakout. 3. **Check Higher Timeframes**: If daily trend opposes the breakout → high fakeout risk. 4. **Use Confluence**: Combine with RSI/MACD: Valid breakouts show *no divergence*. $BTC

--

$BTC THE BTCUSD 5-minute CHART 📉 📈 Key Observations** 1. Price Action Trading at 117,850after rejection from 118,500 resistance Lower highs pattern (120,500 → 119,500 → 118,500) 2. Indicators RSI 57.26* (neutral but sloping down) MACD(?) at *52.09* (likely bearish crossover) 3. Critical Levels Resistance: 118,500 (swing high) → 119,000 Support: 117,500 (psychological) → 117,000 (swing low) **Trading Strategy** **Short Setup (High Probability)** **Entry**: - Option 1: Immediate short at current price (117,850-117,900) with confirmation from: Bearish candle close below 117,900 RSI dropping below 55 Option 2: Short on retest of 118,300-118,500 (better risk-reward) **Stop Loss**: - 119,100 (above recent swing high) *Targets* TP1: 117,500 (intraday support) TP2: 117,000 (swing low) TP3: 116,500 (1.5% move) Risk-Reward*: 1:2 (SL 150 pts vs TP 350+ pts) #Market_Update

--

#btc after break down next target 🎯 looks

--

Strategy-Focused: Breakout vs. Range Trading: Your Playbook for $117K–$118K Crypto Battlegrounds

--

JUST IN: #Bitcoin creator Satoshi Nakamoto becomes the 11th richest person in the world 👀 — Arkham $BTC #BTC☀ #Market_Update

--

Latest News

Michael Saylor Hints at Bitcoin Strategy Update

--

EU Extends Suspension of Tariff Countermeasures Against the U.S.

--

Experts Express Concerns Over Trump's Proposed Tariffs on Imports

--

Retail Investors to Drive U.S. Stock Market Surge, Says JPMorgan

--

Key U.S. Economic Data Releases Scheduled for Next Week

--

Trending Articles

$BTC pumped after clearing the lower side liquidity and now

DeCrypto TokenTalks

As of today, I can confidently say that even if we have 10 b

Farrah Depetris qTix

THE FINAL BOUNCE BEFORE THE BLOODBATH.

Learn this simplest method of trading cryptocurrencies, and

Square-Creator-14f57d253

XRP Insiders Dump $68M Daily—Smart Money Exit from the Dust

Cookie Preferences

Cookie Preferences