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Quick Tip #2: How To Trade Cryptocurrency Breakouts

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Subscribe == https://goo.gl/wi9wVK == Copy My Trades: https://goo.gl/j92Ftx Follow Me On Social Facebook: https://www.facebook.com/groups/CryptoCoinMastery/ Twitter: https://twitter.com/Crypto_Mastery Buying breakouts is an effective way to capture quick gains. When a coin crosses above a strong resistance level, often times the price jumps significantly until it forms a new resistance. Being able to predict these breakouts is one of the most important things to learn as a novice trader. The first step is understanding the chart formation. Charts form patterns that show bullish or bearish trends. After determining the trend, it is important to find the resistance levels and place your buy orders above the resistance levels. You only want to buy into the trade if the breakout is confirmed and that can only be done with a limit order about the resistance.  https://cryptocoinmastery.com/quick-tip-2-trade-cryptocurrency-breakouts/
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Text Comments (3)
Mark Ledbetter (1 year ago)
I really love the content and teaching you are sharing in these Quick Tips. Your topics in the CryptoDaily series are great too, but at roughly an hour they are simply way too long for me. If you could get them down to 30 to 40 mins I would be much more inclined to watch them.
tintin (1 year ago)
Thanks man, good info. Two questions. When you say to set a limit order. if i do that on bittrex through coinigy it just executes directly, so i would need to use a stop limit at the breakout levels? Also, i cant figure out how to increase the height of my volume bars on coinigy, so you know how to? Mine are barely visible in the bottom..
Paul D (1 year ago)
Or hang on for the ride :)

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