After the CPI was released last night, ETH quickly surged upward within a short time 📈
The allure of trading a breakout on the right side is now clearly showing—teacher, selling take-profit at 20:00 made a killing ~
So with take-profit in 10 minutes for 140 points, wouldn’t that be taking it all the way to grandma’s place? 😁
BTC chose to enter directly at the lowest point just to the left of 76800, while for ETH we chose to enter a long after a breakout of 2524—this is exactly the charm of left-side and right-side trading.
A successful trade comes down to following the trend: finding the key point where the trend breakout takes shape is what maximizes profit and win rate.
These are the fans’ insights—I have to say, they’re really perceptive.
A trade doesn’t necessarily have to be in a gambling mindset. You should buy the rise when the market is falling, and buy the dip when the market is rising.
When you have enough trading ability to spot breakout points in the market, you’ll find that during an up move, locating the key resistance breakout point, then buying on the breakout, gives a better win rate and a better profit-to-loss ratio.
We went long BTC at 66,600 on the flip, and ate 10,000 points in one night. And this time, going long ETH after the 2524 breakout and taking profit of 140 points within 10 minutes is the best example.