I’ve been trading crypto for nine years. Back then, I entered the market with just a few tens of thousands. Now, I use trading to support my family! You could say that I’ve tried 90% of the market’s methods and techniques. If you want to treat crypto trading as a second job to make a living, sometimes listening and watching more will help you notice things beyond normal cognition—at least it can save you years of detours.

How do you judge whether a coin has formed a breakout? You can start from four aspects: volume, price, time, and space.

1、Volume: Before the soldiers move, the grain gets moved first. In the early stage of a trend forming, an increase in volume is indispensable—especially the first surge after a long period of sideways consolidation. We should focus on this, but it’s not the best entry point. Usually, after a “test of the market” pullback, once the main force’s washout is done, the second surge and push higher is when we truly get our real opportunity.

2、Price: Generally, look at the closing price. No matter how volatile the intraday swings are, if the close can hold steady, that indicates the main force is serious! This is the key to distinguishing a real breakout from a fake one. In summary: if the closing price is able to close above the resistance level, the probability of a real breakout increases significantly.

3、Time: Before the breakout happens, the coin price should ideally have already gone through a long period of low-volume sideways consolidation. The time should exceed 3 months, and the holder concentration should be less than 10%. With such coins, the main force’s accumulation is sufficient, and the subsequent rally has stronger explosive power.

4、Space: Identify the key resistance levels. These resistance levels could be the start point of a rise-and-fall after earlier high-volume adjustment, or the neckline position of a W bottom or a head-and-shoulders bottom, or even the coin price’s integer psychological levels. As long as the resistance is clear, once the price breaks through it, the upside potential can be easily measured.

These four dimensions are the foundation for judging a sideways breakout. To help everyone deepen their understanding, Li decided to share, with you all, parts of my own handwritten crypto trading notes that I’ve kept and treasured for years. For each summary point, it embodies the essence formed through countless days and nights of my own review and retrospection.

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