#BreakoutTradingStrategy
Breakout trading is based on entering when the price surpasses a key level of support or resistance, often with increasing volumes.
In crypto, it works well on liquid assets and in phases of high volatility.
What is needed:
– Identify consolidated ranges
– Confirmation with volumes and net closes
– Stop-loss just below the broken level
– Targets based on range width or technical projections
Ideal for those who consistently follow the markets and can react quickly.