#BreakoutTradingStrategy Breakout trading is based on entering when the price surpasses a key level of support or resistance, often with increasing volumes. ๐๐ฐ๐
In crypto, it works well on liquid assets and in high volatility phases. ๐๐ธ๐
What you need:
โ Identify consolidated ranges ๐๐๐
โ Confirm with volumes and clear closes ๐โ ๐
โ Stop-loss just below the broken level ๐๐ก๏ธ๐
โ Targets based on range width or technical projections ๐ฏ๐๐
Ideal for those who consistently follow the markets and know how to react quickly.