I recently wrote The Ultimate Crypto Breakout Trading Strategy (Guide & Case Studies) and wanted to do a ChrisDunnTV episode to go along with it.
There's so much value in this episode because I walk you through some of the best strategies I've found for crypto trading and investing.
In this episode you’ll learn:
- My #1 goal when trading cryptocurrencies (0:35)
- Why swing trading is superior to day trading (2:35)
- What is a breakout trade and why it's one of my favorite setups (5:16)
- What causes breakout trades to make such big moves (7:27)
- Step-by-step lesson on the “1234 Breakout Pattern” (10:22)
- How news catalysts affect breakouts (12:44)
- Why risk management is EVERYTHING (14:30)
- Case study #1 – Ethereum trade (16:40)
- Case study #2 – Ripple trade (19:34)
- Why we use CNBC as a counter-trend indicator (22:16)
Links & resources: