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When price moves above a resistance level or below a support level with strong volume.
Definition
When price moves above a resistance level or below a support level with strong volume. A confirmed breakout often signals the start of a new trend. False breakouts (fakeouts) happen when price briefly breaks through but quickly reverses, trapping eager traders.
Related Terms
A price level where selling pressure tends to overcome buying pressure, causing price to stall or reverse.
A price level where buying pressure tends to overcome selling pressure, preventing further decline.
The total amount of an asset traded over a period, usually 24 hours.
A period when smart money quietly buys up an asset before a major price move.
The average yearly return on an investment, calculated to account for compounding.
Profiting from price differences of the same asset across different markets.
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