Breakouts don’t always work.

But when they do, it’s like fireworks!

The current phase of the market cycle is conducive to breakouts because market is in an Uptrend and sentiment is clearly bullish.

We teach trading key level breakouts in our new Crypto Trading Course, which includes 10 lessons, 40 videos, 7 trading strategies, notes, quizzes and risk management techniques to get you to generate consistent trading profits.

Find tens of hot trade setups in our Technical Analysis and automated AI-based Chart Pattern sections.

You can also find breakouts by scanning for assets hitting new local highs (see live results here).

DOGE (DOGE) +30% After Breakout from Bullish Flag

With breakouts, there are several trade entry options (see chart below).

The following four are possible techniques, in the order of risk and reward:

Intraday breakout.

1. Closing candle breakout.
2. Breakout and Retest.
3. Retest and Rebreak method.
4. Combination of these trade entry options and gradually scale into their trade position.

This last method offers a good compromise between risk and reward. It also helps with trader psychology because it reduces the fear of missing out.

We teach these four methods in our new Crypto Trading Course available to Annual and Lifetime members.

Trade Setups: Breakouts

See all Trade Setups