A good trading strategy starts with mastering breakouts.
A breakout is when the price breaks a key level (support/resistance) with strength.
It can signal the beginning of a real trend.
Personally, I always monitor the volumes and the RSI before taking action.
Recently, I hesitated to enter on ONE when it broke the $0.012...
No regrets, but I learned: without confirmation, no rush!
To succeed in breakouts, you need:
🔹 Patience
🔹 Clear plan (TP/SL)
🔹 Discipline
And you, do you trade breakouts or do you avoid them?