#BreakoutTradingStrategy
General Crypto Market Conditions:
* Global market capitalization around $3.36 trillion.
* Bitcoin (BTC) trading around $108,388, with breakout potential at $112K and strong support at $102K-$104K. Market sentiment "Greed."
* BNB around 659.66 USDT, approaching breakout area in symmetrical triangle pattern.
* Some altcoins like FIS, MDT, REI, and BONK show significant gains.
* There are negative sentiment issues affecting BTC from Trump and tariff issues.
Core Breakout Trading Strategy:
* This strategy involves buying assets when the price breaks through key resistance levels, indicating potential significant price movement upwards.
* Identification is done through chart pattern analysis (like support and resistance) and technical indicators (RSI, MACD, Bollinger Bands).
* High trading volume during breakout is an important confirmation.
General Tips for Crypto Trading:
* Conduct in-depth research and use technical/fundamental analysis.
* Implement risk management by setting stop-loss and take-profit.
* Start with a small capital and choose liquid crypto pairs.
* Avoid impulsive decisions and pay attention to market trends.