Breakout setups that I'm monitoring today:
- the coin is very heavy, it breaks poorly, but when the entire market is inflating, these levels can be used as a point to open a short position.
It is traded at increased volumes, there is organic liquidity, so it should break well now. The main setup here is a cascade of short levels. But it has already bounced back quite a bit, so we will have to wait. There are also daily long levels that can be considered for a breakout if the coin continues to be actively bought up.
There are local short levels on the 5M, I will break them if additional grounds appear in the order book.
#scalpingstrategy #CryptoStrategy #proboy
P.S. Friends, I trade breakouts of levels through a scalping approach, meaning the lines on the chart are just zones for the expected execution of the setup. The final decision I make based on what is happening with the coin in the order book as it approaches the level. If you think about opening trades based on my signals only by the chart - don't do that). Because this way you will guaranteed lose all your little bucks. By the way, examples of my trades are available in my profile in the "videos" section.