Means:
*Breakout Trading Strategy.*
✅ What does Breakout mean?
It's a *break of the price at a strong resistance or support level*, which may indicate the beginning of a new strong price movement.
✅ The Breakout Trading Strategy relies on:
1. *Identify support or resistance areas* (a stable price that the asset often does not exceed).
2. *Wait for the price to clearly break this level.*
3. *Enter the trade after confirmation* (Breakout + high trading volume).
4. *Set the stop loss just below/above the breakout point.*
5. *Set the profit target based on the expected movement after the breakout.*
✅ Practical Example:
- If Bitcoin stays between 60,000 and 65,000 for a long time, then breaks 65,000 with strong trading volume → considered a buy entry signal (Buy Breakout).
✅ Advantages of the strategy:
- Enter at the beginning of the trend.
- Good profit opportunities if the breakout is confirmed.
