#CryptoMarket4T There are three main strategies for trade planning.
The first: a sharp rise followed by a reversal, which occurs when FOMO pushes the price up, then smart money sells, causing the price to quickly reverse. In this case, one should avoid buying at peaks and wait for the price to return to support areas.
The second: consolidation followed by a breakout, starting with a strong rise followed by consolidation within a certain range, then a breakout occurs. It is advisable to buy at the breakout or during the retest as it indicates new buying momentum and continuation of the trend.
The third: breakout followed by a retest, where the price breaks through resistance, then retraces to retest the broken level. It is preferable to buy after a successful retest as it is safer and may lead to a strong continuation in the rise.
These plans are used to understand market movements and make informed trading decisions.