๐ฅ How to Spot Crypto Breakouts Like a Pro! ๐น
Want to catch big moves before they happen? Hereโs how:
๐ 1. Identify Key Resistance Levels
When price breaks above resistance with volume, itโs a strong signal!
๐ 2. Watch Volume Spikes
High volume confirms strong breakouts. Low volume? Fakeout risk!
๐ 3. Check Moving Averages
A breakout above the 50 or 200 EMA signals bullish momentum.
โก 4. Use RSI & MACD Indicators
Overbought RSI + bearish divergence? Be cautious!
โ 5. Wait for Retests
Smart traders wait for price to retest breakout zones for confirmation.
Donโt chaseโtrade smart! ๐
