I'm interested in learning how to identify cryptocurrencies that are poised for a significant price breakout. I want to understand the strategies and tools that can help me spot these opportunities in the market.
7 answers
Fri Jan 10 2025
The breakthrough can be a positive or negative development, depending on which level is surpassed.
Fri Jan 10 2025
A crypto breakout is a significant event in the cryptocurrency market.
Fri Jan 10 2025
If the price surpasses a resistance level, it may indicate the start of a new upward trend.
Fri Jan 10 2025
Conversely, breaking through a support level may suggest the continuation of a downward trend.
Fri Jan 10 2025
It happens when the price of a cryptocurrency exceeds a crucial level of resistance or support.