#BreakoutTradingStrategy
I am very new but soon at the level of a Super Saiyan
The breakout trading strategy becomes relevant in the context of consolidation in several cryptocurrencies like BTC and ETH. This technique is based on identifying key levels of support or resistance and entering the market when the price strongly breaks those levels. Traders seek to confirm the breakout through high volume and a close above (or below) the range. With sideways markets waiting for catalysts, breakouts offer high-profit opportunities, although with the risks of fakeouts. The use of tight stop-losses and risk management is essential for effectively trading in this volatile environment.