#BreakoutTradingStrategy

#BreakoutTradingStrategy > Breakout Trading Strategy relies on entering a trade when the price breaks a significant resistance or support level. When this breakout occurs, it is often followed by a strong move in the same direction. For example, if the BTC/USDT pair breaks a significant resistance level, it can be a signal to start a strong upward trend. On the Binance platform, automatic buy orders can be set at breakout points to avoid missing the opportunity. It is important to confirm the breakout with strong trading volume to avoid falling into false price traps.

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