#BreakoutTradingStrategy
đ The breakout trading strategy involves identifying moments when the price of an asset breaks through a support or resistance zone. In the crypto markets, this strategy is useful during periods of high volatility. Traders often use technical indicators like Bollinger Bands or the RSI to confirm the breakout. Personally, I always wait for confirmation with a full candle before entering. This method can be very effective in spot trading and even in futures contracts.
