Who is Brian Armstrong?

Breakouts can occur as a result of <strong>price pattern breakouts<\/strong>. There are various pattern breakouts, however, some of the most common ones include wedges, triangles, head and shoulders patterns, or flags. In addition, breakouts can occur as <strong>range or channel breakouts.<\/strong><\/p>\n<p>Essentially, the consequences of the breakout depend on how long it is. A lot of traders utilize the same price levels to set their <a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-stop-loss-order/">stop-loss orders<\/strong><\/a> when the levels are well defined. When these stop orders start happening, a domino effect might occur. This would most probably result in a quick price shift.<\/p>\n<p><strong>Breakout trading<\/strong> can be used in almost any trading style. The logic behind trading based on breakouts is not complicated. If the price is held within a range by support and resistance levels, a greater move might be signaled by the break of that range.<\/p>\n<p>Based on the direction of the move, a breakout can be an indication to buy or sell. Once the price has gone outside of the established support or resistance range, a breakout trader can choose a position he wants to enter. He could either enter a <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-longing-long-position/">long or a <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-short/">short position.<\/p>\n<p>However, breakouts are <strong>subject to interpretation. <\/strong>Different traders might interpret support and resistance levels differently. Besides, the chart patterns that serve as the foundation for breakouts are also very subjective.<\/p>\n<p>Though keep in mind that a <strong>fakeout<\/strong>, also known as a false breakout, could occur as well. It usually happens if the price breaks outside of a set range but immediately returns back to it. Some traders wait for the confirmation of the breakout on higher timeframes before entering a trade as a safeguard against fakeouts.<\/p>","definition":"a shift in the price of an asset when it rises above a resistance line or falls below a support line.","status":"published","meta_title":"What is Breakout? Definition & Meaning | Crypto Wiki","meta_description":"Breakout meaning: Breakout - a shift in the price of an asset when it rises above a resistance line or falls below a support line.","meta_keywords":null}" :model="{"id":133,"wikipedia_url":"https:\/\/en.wikipedia.org\/wiki\/Brian_Armstrong_(businessman)","level":"easy","author_id":1,"created_at":"2023-06-19T06:58:59.000000Z","updated_at":"2023-11-18T16:04:24.000000Z","slug":"who-is-brian-armstrong","title":"Who is Brian Armstrong?","section":"B","keyword":"Brian Armstrong","content":"<p><strong>Brian Armstrong is best known as the CEO and founder of <a href=https://www.bitdegree.org/"https:////www.bitdegree.org//crypto//goon//coinbase/" target=\"_blank\" rel=\"nofollow noindex noopener\">Coinbase<\/a>.<\/strong> He was born on January 25th, 1983, in California. After graduating from high school Armstrong moved to Texas to study computer science and economics at Rice University. Both of Armstrong's parents were also engineers.<\/p>\n<p>After graduating and earning his master's degree in computer science, he decided to start a firm that matched instructors with students. Simultaneously, he worked as a software engineer and developer for organizations like <strong>IBM and Airbnb.<\/strong><\/p>\n<p>He traveled to Brazil and South America and at the same time, he noticed that <strong>there are many opportunities to develop advanced ways to promote cross-border payments<\/strong>. That&rsquo;s what lead him to start coding a platform where users would be able to keep and send cryptocurrency as a way of solving this issue.<\/p>\n<p>Not long after, Coinbase was established. In 2012, to be exact. It was able to collect <strong>$150,000<\/strong> in venture funds.<\/p>\n<p>Nowadays, Coinbase is one of the largest <strong>crypto exchanges<\/strong> in the world, having approximately <strong>56 million<\/strong> registered users.<\/p>\n<p>Furthermore, Armstrong was one of the early believers and followers of <a href=https://www.bitdegree.org/"//crypto//buy-bitcoin-btc/">Bitcoin right after seeing the initial <strong><a href=https://www.bitdegree.org/"//crypto//learn//crypto-terms//what-is-whitepaper/">whitepaper.","definition":"is the CEO and creator of Coinbase, as well as a business leader and investor.","status":"published","meta_title":"Who is Brian Armstrong? Definition & Meaning | Crypto Wiki","meta_description":"Brian Armstrong meaning: Brian Armstrong - is the CEO and creator of Coinbase, as well as a business leader and investor.","meta_keywords":null,"author":{"id":1,"user_id":1,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2023-05-11T07:18:20.000000Z","title":"Editor-In-Chief","slug":"aaron-s-editor-in-chief","description":"<p>Having completed a Master&rsquo;s degree on Economics, Politics &amp; Culture for the East Asia region, Aaron has written scientific papers with a comparative analysis of the differences between US&rsquo; Western and Japan&rsquo;s Collective forms of capitalism, 1945-2020.<\/p>\n<p>With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He&rsquo;s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.<\/p>\n<p>Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain &amp; Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.<\/p>\n<p>Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.<\/p>","user":{"id":1,"first_name":"Aaron","last_name":"S.","email":"aaron@bitdegree.org","email_sanitized":"aaron@bitdegree.org","email_verified_at":"2023-12-01T09:40:20.000000Z","must_verify_email":false,"is_registered_with_wallet":false,"status":"active","country":"LT","last_connected_ip":"88.119.132.125","image_id":2641,"referral_token":"05TMu2NysXOCn525","referred_by":null,"created_at":"2023-05-03T14:30:55.000000Z","updated_at":"2024-01-09T15:22:21.000000Z","full_name":"Aaron S."}}}" :chapter-list="[{"id":1,"title":"Blockchain","slug":"blockchain","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-blockchain.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/blockchain-101.jpg","rating":100,"sections":[{"chapter_id":1,"order":1,"slug":"what-is-blockchain","title":"What is the Blockchain?","status":"published","modified_content":null},{"chapter_id":1,"order":2,"slug":"decentralized-blockchain","title":"Anonymous & Decentralized Blockchains: The Cornerstone of Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":3,"slug":"blockchain-transaction","title":"What is a Blockchain Transaction in Crypto?","status":"published","modified_content":null},{"chapter_id":1,"order":4,"slug":"crypto-fees","title":"The Different Types of Crypto Fees Explained","status":"published","modified_content":null},{"chapter_id":1,"order":5,"slug":"what-is-bridging-in-crypto","title":"The Key Notion Behind the Concept of Bridging in Crypto","status":"published","modified_content":null},{"chapter_id":1,"order":6,"slug":"types-of-blockchains","title":"Different Types of Blockchains: What to Look Out For?","status":"published","modified_content":null}]},{"id":2,"title":"Cryptocurrencies","slug":"cryptocurrencies","updated":null,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-cryptocurrencies.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/cryptocurrencies-101.jpg","rating":100,"sections":[{"chapter_id":2,"order":1,"slug":"what-is-a-cryptocurrency","title":"What is a Cryptocurrency?","status":"published","modified_content":null},{"chapter_id":2,"order":2,"slug":"how-does-cryptocurrency-work","title":"How Does Cryptocurrency Work?","status":"published","modified_content":null},{"chapter_id":2,"order":3,"slug":"is-cryptocurrency-a-good-investment","title":"Is Cryptocurrency a Good Investment? 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The Ins and Outs","status":"published","modified_content":null},{"chapter_id":5,"order":3,"slug":"buying-nft","title":"Tips and Tricks of Choosing the Right NFTs","status":"published","modified_content":null},{"chapter_id":5,"order":4,"slug":"how-to-store-nft","title":"How to Store NFTs: Best Practices","status":"published","modified_content":null},{"chapter_id":5,"order":5,"slug":"how-to-create-an-nft","title":"How to Create Your Own NFTs?","status":"published","modified_content":null},{"chapter_id":5,"order":6,"slug":"how-to-make-passive-money-with-nft","title":"Making Passive Money with NFTs","status":"published","modified_content":null}]},{"id":6,"title":"dApps & Defi","slug":"dapps-and-defi","updated":true,"chapter":"crypto\/assets\/crypto-book\/chapters\/learn-dapps.jpg","chapter_simple":"crypto\/assets\/crypto-book\/chapters-simple\/dapps-defi-101.jpg","rating":80,"sections":[{"chapter_id":6,"order":1,"slug":"what-are-nfts","title":"What are Non-Fungible Tokens 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