🚀 #BreakoutTradingStrategyy
The breakout strategy is one of the most powerful in technical analysis, but also one of the most misunderstood. It is based on identifying key levels of support or resistance and trading when the price breaks through them with strength and volume. The common mistake is to enter false breakouts (fakeouts), which often occurs when volume is not confirmed or market exhaustion signals are ignored. A good practice is to wait for a retest of the broken level before entering, in addition to combining with indicators like RSI or MACD. In my experience, the best breakouts occur after a clear consolidation and with strong momentum. Mastering this strategy requires patience, analysis, and, above all, risk management. $BTC