The "Breakout + Retest" Strategy | Enter the Market Only When Winning!
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In the world of cryptocurrencies, random entry = guaranteed losses. However, the "Breakout + Retest" strategy is one of the strongest tools for the smart trader.
🔍 How does it work?
1. Identify a strong resistance area – for example: the $PEPE coin often stands at 0.00001500
2. Wait for the breakout ➜ a strong candle closes above this resistance
3. Do not enter immediately! Wait for a retest of the same area (which turns into support)
4. Upon successful retest and appearance of a confirmation candle ➜ enter the trade
🎯 Targets: Depending on the timeframe – can be defined by Fibonacci levels or subsequent resistances
🚨 Stop Loss: Below the retest area
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💡 Real Example:
In May 2024, $DOGE broke the 0.15 level and then successfully retested it, from which it surged to 0.22 in just 48 hours.
⏱️ The secret: Do not enter with the crowds, enter after confirmation!