#BreakoutTradingStrategy

Breakout trading is a strategy in which a trader enters the market at the moment when the price breaks through an important support or resistance level. Such a breakout is often accompanied by an increase in trading volume, which confirms the strength of the movement. The trader expects that after the breakout, the price will continue to move in the same direction. To enhance effectiveness, additional signals are used, such as technical analysis patterns or indicators (MACD, RSI). Risks are reduced by setting a stop-loss slightly below or above the breakout level. This approach is popular in volatile markets, particularly in cryptocurrency trading.