๐ข #MyTradesOfTheDay | #BTCUSDT | #BinanceSquare
๐ผ Today, I executed two trades on the BTC/USDT pair, relying on a simple strategy based on support/resistance + RSI confirmation.
๐งฉ Details of my trades: ๐น Entry: 65,800 USDT
๐น Exit: 67,200 USDT
๐น Position: Long (buy)
๐น Result: +2.13% ๐
โ I spotted a bullish divergence on the RSI (zone 45), and a clear bounce on a support level tested multiple times. The breakout of 66,800 confirmed the momentum.
I set a stop-loss at 65,300 to limit risk, and I adjusted to a trailing stop starting at 66,900 to secure my gains.
๐ ๏ธ Strategy used:
EMA 50/200
RSI 14
Confirmation by volume (increase at the breakout)
Position taken only after a validated breakout
๐ฏ Daily target achieved, I remain in observation mode for the next steps based on the reaction around 67,500 USDT.
๐ My advice: Never enter without confirmation โ false breakouts are common! Manage your risk with discipline.
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๐ฌ And you, what are your recent trades? Let's share our analyses!
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