How strong resistance breakout is best buy ?
When price is rejected at the resistance level multiple times and when price finally manages to breakout the resistance is one of the best opportunity for the LONG trade (Vice versa for short trade)
In the above chart of KASPA is one of the best example showing this behaviour.
KASPA price got rejected more than 4 times because of strong resistance and once the price managed to breakout the resistance , price went up in a sudden surge gaining 135% in space of 1-2 weeks.
We should keep an eye on these type of resistance breakouts, these are the best entry for LONG trades with very minimal list.
Follow us for more such tips and share your thoughts in the comments.
Cheers
GreenCrypto
In the above chart of KASPA is one of the best example showing this behaviour.
KASPA price got rejected more than 4 times because of strong resistance and once the price managed to breakout the resistance , price went up in a sudden surge gaining 135% in space of 1-2 weeks.
We should keep an eye on these type of resistance breakouts, these are the best entry for LONG trades with very minimal list.
Follow us for more such tips and share your thoughts in the comments.
Cheers
GreenCrypto
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🆓 Free Trial / Contact Us: t.me/greencryptosupport
🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
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