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Guide for beginners
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๐ Strategy Name: Breakout and Retest Strategy (Support & Resistance Based) --- โ Step-by-Step Guide: 1. Identify Key Support and Resistance Levels Open your chart on the 1H or 4H timeframe and mark important support and resistance zones. Example: On SOL/USDT, $125 might act as resistance, and $115 as support. 2. Wait for a Breakout If the price breaks above resistance, itโs a bullish signal. If the price breaks below support, itโs a bearish signal. 3. Confirm the Retest After the breakout, wait for the price to come back and retest the same level. If the level holds during retest and price starts reversing, thatโs your best entry point. 4. Entry Signal Go long (buy) if price breaks resistance and retests it successfully. Go short (sell) if price breaks support and retests from below. 5. Set a Stop Loss (SL) Always place your SL just below/above the recent swing low/high. Example: In a long trade, place SL slightly below the retest level. 6. Take Profit (TP) Target Always use a Risk:Reward ratio of at least 1:2. Example: If your SL is 5%, your TP should be 10% or more. --- ๐ก Extra Tips for Beginners: Risk only 1-2% of your capital per trade. Never go all-in. Avoid overtrading. 1-2 quality setups per day are enough. Check volume to avoid fake breakouts. Stay calm and avoid emotional decisions. Let the chart guide you. #binance #beginner
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I think it will go 1200 ๐๐๐๐
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#BinanceTurns8 hii
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bro do future with arbitrum coin it's a solid project just take 10 X leverage just hold 1 month you will get 15000 usdt mark my word bro
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Bhai just hold 1 week and see magic
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