Brothers and sisters, gather around! Just post and you can get 25u!! You need at least 10 likes!! Each post needs to be 100 characters, just write some random stuff to meet the word count. Everyone can copy mine, no problem. First, each post needs the topic #交易故事 , plus one topic from the illustration, and add a trading component, like here I have #BTC交易 . If everyone posts and needs likes, you can come find me. Ok, let's go!
Story Title: After the Breakout, What Did I Learn?
In my spare time, I am keen on technical analysis. I don't chase hot trends, nor do I buy into the 'all-in get rich' scheme. I only believe in charts.
Background
By the end of 2024, Bitcoin's price fluctuated. I noticed the price formed a symmetrical triangle on the daily chart, marked the trend lines using TradingView, and set price alerts.
Breakout Occurs
At the beginning of 2025, Bitcoin broke out of the upper edge of the triangle (around $90,000) with significant volume. Based on the 'breakout strategy,' he bought a portion of BTC at $93,500, with a stop-loss set at $91,000.
Technical Basis:
RSI just broke above 50, momentum strengthening
MACD golden cross
Volume significantly increased, confirming the validity of the breakout
Daily close above the trend line
Gradually Increasing Position
As Bitcoin rose to $97,000 in the next two weeks, he increased his position in batches twice. By the time it reached $98,500, he noticed the price began to diverge, RSI showed overbought conditions and started to decline, so he stopped chasing the highs.
Reducing Position and Exiting
When Bitcoin failed to bounce back at $97,000, he closed most of his positions. Ultimately, he entered at $93,500 and exited at $98,200, with an average profit of about 14%.
Lessons Learned
"Not every pattern is reliable, but disciplined trading and a clear exit mechanism allowed me to survive in the market."