#BreakoutTradingStrategy The breakout strategy is one of the most common strategies in cryptocurrency trading.

Its essence is simple: you wait for the price to remain within a specific range for an extended period, then you enter the market at the moment the price sharply breaks through a support or resistance level. This is a signal of market recovery and the start of movement.

📊 These breakouts are often accompanied by an increase in trading volume, which is an important confirmation factor.

📉 False breakouts also occur. For this reason, traders use stop-loss orders above the level and wait for a retest of the broken area.