#BreakoutTradingStrategy Breakout trading is based on entering when the price surpasses a key level of support or resistance, often with increasing volumes. ๐Ÿ“ˆ๐Ÿ’ฐ๐Ÿ“Š

In crypto, it works well on liquid assets and in high volatility phases. ๐Ÿš€๐Ÿ’ธ๐Ÿ“ˆ

What you need:

โ€“ Identify consolidated ranges ๐Ÿ”๐Ÿ“Š๐Ÿ“ˆ

โ€“ Confirm with volumes and clear closes ๐Ÿ“ˆโœ…๐Ÿ“Š

โ€“ Stop-loss just below the broken level ๐Ÿ“‰๐Ÿ›ก๏ธ๐Ÿ”’

โ€“ Targets based on range width or technical projections ๐ŸŽฏ๐Ÿ“๐Ÿ“ˆ

Ideal for those who consistently follow the markets and know how to react quickly.