2/ You are buying Ethereum if the price on the daily chart closes above the upper Bollinger Band. You close the position when the price closes below the 20-day moving average. An example of a simple breakout strategy. Results?

3/ Profit 1260% with a max drawdown of 40%. Ethereum at that time appreciated 480% with a max drawdown of 94%! Trade breakouts in crypto. It's a good idea.

@PKycek Thanks for sharing , gives me more confidence, that I don’t need to tag the absolute top or bottom, to be still well worth the trade.

@CryptoOrChasm You are welcome. 👍 You’re right. No need to try it.

@PKycek @rattibha