IC Markets will share tips on how to predict a breakout in the cryptocurrency market which is known for its high volatility.
Breakout refers to a situation where the price of an asset moves above the resistance area, or below the support area. Breakout indicates the potential for the price to start a bullish or bearish trend. In the case of crypto, it is very difficult to predict. Crypto is still an immature market and is known for its big price movements. Then, how to predict a breakout?
Technical analysis can be used to uncover the hidden forces that underpin the market. To that end, IC Markets analysts will help utilize professional-level techniques and tools to identify where potential opportunities lie in the crypto market via webinar.
See Also: IC Markets Review
Webinar on Cryptocurrency Breakout
After successfully holding a webinar discussing trailing stop losses, this time the client will learn about crypto breakouts. IC Markets clients can participate and learn about topics including:
- Identify the main support and resistance levels in the crypto market
- Possible price movements in the coming days/weeks
- Building a watchlist of promising crypto assets
The webinar is titled "Crypto: where's the next breakout coming from?" it will be held on Friday, 11 Nov 2022 2:00 AM - 3:00 AM ICT. Clients can register directly by filling out the form on the IC Markets website.