$BTC
Breakout vs. Breakdown → Retest → Entry 📊
1. Breakout 📈
BTC breaks above resistance and closes above it with strong momentum.
2. Breakdown 📉
BTC breaks below support and closes below it with strong selling pressure.
3. Retest 🔄
After the break, price may return to test the broken level.
Resistance → becomes Support = bullish setup Support → becomes Resistance = bearish setup
4. Confirmation 🕯️
Wait for a rejection/continuation candle and supporting volume before entering.
5. Entry 🎯
Only enter after your setup confirms. Place SL beyond the invalidation level and TP at the next logical support/resistance.
Simple Flow
BREAK → RETEST → CONFIRM → ENTER → MANAGE
⚠️ Don't chase the first breakout candle. A breakout can fail, so confirmation matters.
#BitcoinClears$85200 #AltcoinSeasonIndexHoldsAbove60For5Days
Breakout vs. Breakdown → Retest → Entry 📊
1. Breakout 📈
BTC breaks above resistance and closes above it with strong momentum.
2. Breakdown 📉
BTC breaks below support and closes below it with strong selling pressure.
3. Retest 🔄
After the break, price may return to test the broken level.
Resistance → becomes Support = bullish setup Support → becomes Resistance = bearish setup
4. Confirmation 🕯️
Wait for a rejection/continuation candle and supporting volume before entering.
5. Entry 🎯
Only enter after your setup confirms. Place SL beyond the invalidation level and TP at the next logical support/resistance.
Simple Flow
BREAK → RETEST → CONFIRM → ENTER → MANAGE
⚠️ Don't chase the first breakout candle. A breakout can fail, so confirmation matters.
#BitcoinClears$85200 #AltcoinSeasonIndexHoldsAbove60For5Days