#BreakoutTradingStrategy
The Breakout Trading strategy is one of the most popular and effective trading styles, especially in the highly volatile crypto market. I often combine strong support-resistance areas, sudden volume spikes, and candlestick patterns to confirm a true breakout. When the price breaks through an important price level, especially after a long accumulation period, it is often a signal for a strong trend that is forming. However, to avoid fakeouts, risk management is always a top priority. A good setup must come with a clear stop-loss point.