#BreakoutTradingStrategy
The "Breakout" strategy or Breakout Trading is considered one of the most widely used strategies among active traders, especially in volatile markets like cryptocurrencies. Its concept is based on entering when the price breaks through those levels. Success with this strategy requires discipline, precise use of stop-loss orders, and real-time market monitoring. One of its most distinguishing features is the potential for significant profit when a strong breakout occurs. However, caution is necessary, as false breakouts do exist. Understanding this strategy and improving your analytical tools will make your trading more professional.