#BreakoutTradingStrategy breakout strategy đ is a popular method in cryptocurrency trading that involves detecting breakouts of key levels: supports, resistances, or chart patterns (triangles, rectangles, flagsâŠ) đđ. When an asset like Bitcoin or Ethereum breaks an important resistance with volume đ, it often signals the start of a new strong movement. Traders enter to buy (or sell if itâs a bearish breakout) to take advantage of this acceleration đ„.
To maximize the effectiveness of this strategy, it is essential to use technical indicators such as volume, RSI, or Bollinger Bands đđ. A valid breakout is often accompanied by a spike in volume and a close above (or below) the breakout zone. Some traders wait
