#BinanceTurns8 BreakoutTradingStrategy The Breakout Trading Strategy is one of the most common trading strategies, especially among active traders. This strategy relies on entering a position when there is a breakout from a strong support or resistance level, which often indicates the beginning of a new strong price movement.

In my experience, I have found that using popular currency pairs like BTC/USDT with this strategy yields clear results, especially when combined with technical indicators like the RSI or moving averages.

The main key in this method is patience and discipline; one should not rush to enter before being sure of a genuine breakout, and not just a false breakout.