My Crypto Breakout Trading Strategy

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:

 

About the Author

Chris Dunn is the founder of Skill Incubator. He is an active investor and entrepreneur with the mission of helping people learn Skills to thrive in today's economy. Chris spends his time testing and building multiple streams of income and investing the profits. Read more here.