How to Plan Your Trade Setups – 3 Smart Strategies $BTC $ETH $BNB
Strategy 1: Sharp Move Up Followed by Reversal/Pullback
What it looks like:
A rapid upward move, sudden spike, and then a quick and steep decline.
Why it happens:
FOMO buying drives the price up fast.
Smart money uses the opportunity to sell at higher prices.
The price then sharply reverses and breaks below support.
How to trade it:
Avoid buying during the spike.
Wait for the price to pull back to previous demand or support zones for a safer entry.
Strategy 2: Consolidation Before Breakout
What it looks like:
A strong upward move followed by sideways consolidation, and then a breakout.
Why it happens:
Market takes a breather, allowing accumulation.
Buyers and sellers battle it out within a range.
Breakout signals renewed buying interest.
How to trade it:
Monitor the consolidation range closely.
Enter on the breakout or wait for a retest of the breakout level.
This is a great setup for trend continuation.
Strategy 3: Breakout and Retest
What it looks like:
Price breaks above resistance, then pulls back to test that level as new support.
Why it happens:
The breakout attracts buyers.
Some traders take profit, causing a pullback.
Buyers step in again to defend the new support level.
How to trade it:
Buy when the price successfully retests and holds above the breakout level.
This entry is often safer than chasing the initial breakout.
It can lead to a strong continuation move.
Good luck & keep learning – the markets reward preparation!