Wait for Confirmation – Avoid Getting Faked Out
Marking levels is just the beginning. But how do you know if price will bounce or break through?
Wait for confirmation.
This is where patience pays off.
A key level means nothing unless the market reacts to it. Entering blindly at a level without evidence is gambling—not trading. Look for signs that buyers or sellers are stepping in with strength.
Here’s how to spot confirmation:
Candle patterns like bullish/bearish engulfing, hammers, or pin bars.
A volume spike—increased trading activity supports the move.
RSI or Stochastic showing oversold or overbought conditions near the level.
Confirmation protects you from false breakouts and wasted trades. It’s the market’s way of saying, “Yes, I’m ready.”
Example: Waiting for Confirmation on ETH
ETH approaches a major support zone it’s bounced from several times. You don’t jump in yet. You wait.
Then, a bullish engulfing candle forms on the 1H chart, right at support. The RSI is below 35 (oversold), and volume is picking up. That’s confirmation. You enter with confidence, knowing the setup has support from price action and momentum.
If ETH had sliced through support with a strong red candle instead, you would’ve avoided a loss. That’s the power of waiting.
This applies to all trending coins, whether it’s
#bullishengulfing #ConfirmationSignals #CryptoSetups #RSI