Breakout + Retest Strategy | Enter the Market Only When Winning!
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In the world of cryptocurrencies, random entry = guaranteed losses. But the "Breakout + Retest" strategy is one of the strongest tools for the smart trader.
🔍 How does it work?
1. Identify a strong resistance area – for example: the $PEPE coin often stands at 0.00001500
2. Wait for the breakout ➜ a strong candle closes above this resistance
3. Do not enter directly! Wait for the retest of the same area (it turns into support)
4. Upon successful retest and the appearance of a confirmation candle ➜ enter the trade
🎯 Targets: Depending on the timeframe – they can be determined by Fibonacci levels or the next resistances
🚨 Stop Loss: Below the retest area
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💡 Real-life example:
In May 2024, $DOGE broke through the 0.15 level and then successfully retested it, from which it surged to 0.22 in just 48 hours.
⏱️ The secret: Do not enter with the crowds, enter after confirmation!
