Breakouts and breakdowns must include a 350-point stop loss. Position size can start with 1%, and if multiple breakouts occur, it can be increased to 2%. Support and resistance levels switch during breakouts and breakdowns.
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Bitcoin trading strategy: 30-minute scalp with stop loss, breakouts on either side, key levels 86000 86500 85100
Breakout 1: 86500, target 87300/87800, 1-hour midline 88000
Breakout 2: 88100, 2-hour midline, target 88500/88700, 89300
Breakout 3: 90,000, target 90300/90700, 91000
Breakdown 1: 85000, target 84550/84300, 83800, 82800
Breakdown 2: 84000, target 83800/83200, 82800/82200
Breakdown 3: 82000, chase if broken, 81500, 81000, 80800, 76500, 73300
Breakouts and breakdowns must include a 350-point stop loss.
Position size can start with 1%, and if multiple breakouts occur, it can be increased to 2%.
Support and resistance levels switch during breakouts and breakdowns.