#BreakoutTradingStrategy Breakout trading is based on entering when the price exceeds a key level of support or resistance, often with increasing volumes. 📈💰📊
In crypto, it works well on liquid assets and during periods of high volatility. 🚀💸📈
What you need:
– Identify established ranges 🔍📊📈
– Confirm with volumes and clear 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 🏃♂️💼🧠