#tradestories #BTCtrade
Today, I executed a BTC trade based on a bullish breakout strategy. After BTC broke past the $62,000 resistance level with high volume, I entered a long position at $62,300. My target was set at $64,000 with a stop-loss at $61,200 to maintain a favorable risk-reward ratio. The price reached the target within hours, giving me a 2.73% gain.
This trade reinforces the importance of waiting for confirmation before entry and keeping emotions out of trading decisions. Market sentiment aligned with technical indicators, making this a strong trade setup