#BreakoutTradingStrategy
Breakout Trading Strategy – Easy and Powerful
Breakout trading is a smart way to catch big moves in the market. It happens when the price breaks above resistance or below support levels with strong volume. First, look for coins moving in a tight range or forming patterns like triangles or flags. Wait for the price to break out with strong volume – that’s your entry signal. Always confirm with indicators like RSI or volume spikes. Set a stop-loss just below the breakout point to manage risk. Take profits in parts or at the next key resistance. Don’t jump in too early – wait for confirmation. Breakout trading can give quick profits if done with patience and discipline.
