#BreakoutTradingStrategy Breakout trading strategy for Bitcoin (BTC) using today’s price (~$108,815):
Enter a long position when BTC breaks above a key resistance level (e.g. ~$109,073 today—the intraday high). With confirmation from a volume spike, that signals momentum.
Entry: Buy at ~$109,150 (just above the breakout).
Target: Aim for next resistance around ~$111,000.
Stop‑loss: Place below previous support (~$108,500).
Example today: BTC hovers between $108,500–$109,073. Once it breaks above $109,073 on elevated volume, a trader enters around $109,150, rides the move toward $111,000, and exits before any reversal.
Tools to confirm:
5‑min chart to spot breakout
Volume bars to validate strength
RSI/MACD to avoid false breakouts
Combine price action and volume for best results.
