How do you spot fake market breakouts early?
I keep getting trapped in fake breakouts. I see a coin finally break resistance, enter the trade, and then bam — it reverses hard. I know there are indicators for this, but they seem to lag. I’m wondering if AI analysis can help identify fake moves before they wipe me out. Any luck with tools like that?
Comments
Oh yeah, classic bull trap! I’ve fallen for those more times than I want to admit . I’ve started using Trady and it’s been a game-changer. The AI looks at multiple factors — volume confirmation, order book depth, volatility clusters — and shows whether the breakout is likely sustainable or not. It’s not perfect (nothing is), but it’s way better than eyeballing it. Saved me from a few nasty fakeouts already.
That’s super helpful. I’ve been looking for exactly this kind of deeper analysis. Thanks!