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…This strategy works best in a sideways market where the price moves within a defined range. — Example: If Bitcoin is trading between $60,000 (support) and $70,000 (resistance), a trader could buy near $60,000 and sell near $70,000. Breakout Trading — Breakout trading occurs when the price breaks through a resistance or support level with significant volume. Traders enter the market in the direction of the breakout, anticipating a strong move. — Example: If Bitcoin breaks above a resistance…
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