#BreakoutTradingStrategy Breakout trading is based on entering when the price exceeds a key level of support or resistance, often with increasing volumes. 📈💰📊
In crypto, it works well on liquid assets and in phases of high volatility. 🚀💸📈
What is needed:
– Identify consolidated ranges 🔍📊📈
– Confirmation with volumes and clear closures 📈✅📊
– Stop-loss just below the broken level 📉🛡️🔒
– Targets based on range width or technical projections 🎯📐📈
Ideal for those who consistently follow the markets and can react quickly 🏃♂️💼🧠