š§ How I Avoid 80% of Fake Breakouts in Crypto š
Ever bought into a ābreakoutā... just to get dumped on minutes later?
Yeah, same.
Hereās how I filter out the fakes ā in 3 quick steps:
š¹ Step 1: Check the Volume
No spike in volume = no conviction.
I want at least 2x the 20-day average.
š¹ Step 2: Wait for the Retest
Breakouts that donāt retest old resistance = risky.
I only enter if it bounces clean off the retest.
š¹ Step 3: Watch Bitcoin
If BTC is bleeding or ranging, I stay out.
Alt breakouts during BTC dips? 90% are traps.
š I used to FOMO into green candles.
Now I wait like a sniper.
Discipline > hype.
Whatās your breakout strategy?
Letās compare notes š