#BreakoutTradingStrategy #BreakoutTradingStrategy BreakoutTradingStrategy The breakout trading strategy is based on entering when the price surpasses a key support or resistance level, often with increasing volumes. ๐๐ฐ๐
In crypto, it works well on liquid assets and during periods of high volatility. ๐๐ธ๐
What you need:
โ Identify established ranges ๐๐๐
โ Confirm with volumes and clear closes ๐โ ๐
โ Stop-loss just below the broken level ๐๐ก๏ธ๐
โ Targets based on range width or technical projections ๐ฏ๐๐
Ideal for those who consistently follow the markets and can react quickly.