🔥 A Friendly & Simple BTC/USDT Trading Strategy for Beginners
Hey traders! 👋
If you’re just starting out or looking for a straightforward way to trade BTC/USDT, I want to share a strategy I personally use—it's safe, smart, and easy to follow.
💡 Strategy Name: “Support & Resistance Bounce”
Here’s the step-by-step:
1️⃣ Timeframe: Work with the 1 Hour (1H) chart. It gives a nice balance between detail and a bigger market picture.
2️⃣ What You’ll Need:
- Support & Resistance lines (to spot important price levels)
- RSI (Relative Strength Index) indicator (to know when BTC is oversold or overbought)
3️⃣ When to Buy:
Buy when the BTC price hits a strong support level **and** the RSI is under 35 (that means the asset might be oversold and ready to bounce back).
4️⃣ When to Sell:
Sell when the price reaches the next resistance level and RSI climbs above 70 (signals it might be overbought and due for a pullback).
5️⃣ Stop Loss:
Always protect yourself by setting a stop loss about 2% below your buy price. It helps limit losses if things don’t go as planned.
📊 Example Trade to Make It Real:
- Pair: BTC/USDT
- Entry Price: $75,000 (support zone)
- Exit Price: $78,000 (resistance zone)
- Profit Target: Around +4%
- Stop Loss: $73,500
💬 Why I’m a Fan of This Strategy:
It’s simple enough to avoid confusion, works well whether the market is moving sideways or trending, and helps you keep emotions at bay—which we all know can be a trader’s worst enemy. Plus, I like to share my trades live so you can see exactly how it goes down.
👉 Give it a try and let me know your experience in the comments!
#BTC #CryptoTrading #BinanceSquare #BeginnerFriendlyStrategy