#BreakoutTradingStrategy Breakout Strategy is a popular and effective trading strategy, especially in the crypto, forex, or stock market. You trade when the price breaks above or below a certain support or resistance level.

When the price remains within a range for a long time (known as consolidation), there comes a time when it breaks out of that range. That moment is called a breakout.

Think of it like humans:

Suppose a crypto coin has been trading between $100 and $110 for several days. As soon as it goes above $110, it means that "the market has made its decision" — now the likelihood of going up is higher. Taking an entry at that moment is a breakout trade.

Key points:

Watch the volume: