A single bullish candle has already broken through the resistance level in BTC. After the breakout, there may be a big rally, but trading requires技巧—don’t blindly chase after a surge. Take a close look at the trading strategy:
After the downtrend line is broken, the bulls can try… Pay attention to these trading locations and tips ⚠️
In the left-side trade, look for a pullback in the 78700~77700 area.
In the right-side trade, after breaking above the previous high of 82200, it’s not recommended to immediately chase longs right when it breaks 82200. That can easily get stopped out by a double top and wide-range consolidation.
So, for a trade that breaks the previous high, if the breakout reaches more than 2% after surpassing 82200, then chasing the long can help reduce the risk of getting stopped out by a double-top drop and wide-range consolidation.
Don’t be the one who goes long at the very top 🤨