Breakout strategy — today's example is $ETH 📊
Ethereum is trading today at $2,685, with a minimum of 7 days at $2,635. It is approaching a relevant support zone — the classic setup to study a breakout strategy:
1️⃣ CONFIRMATION: what matters is the CLOSE of the candle beyond the level, not a quick wick that comes back into the zone. A touch and retreat is not a breakout.
2️⃣ THE TRAP: the false breakout. The price breaks the level, many enter — and the candle closes back inside the previous zone. Anyone who entered on the wick gets trapped.
3️⃣ THE STOP: as an educational example (not a recommendation), a trader who trades breakouts places the stop on the inside of the broken level — because if price returns, the thesis no longer holds.
No confirmation, no entry. ⚠️ Risk management first, always.
#Ethereum #CriptoVisao
Ethereum is trading today at $2,685, with a minimum of 7 days at $2,635. It is approaching a relevant support zone — the classic setup to study a breakout strategy:
1️⃣ CONFIRMATION: what matters is the CLOSE of the candle beyond the level, not a quick wick that comes back into the zone. A touch and retreat is not a breakout.
2️⃣ THE TRAP: the false breakout. The price breaks the level, many enter — and the candle closes back inside the previous zone. Anyone who entered on the wick gets trapped.
3️⃣ THE STOP: as an educational example (not a recommendation), a trader who trades breakouts places the stop on the inside of the broken level — because if price returns, the thesis no longer holds.
No confirmation, no entry. ⚠️ Risk management first, always.
#Ethereum #CriptoVisao
