My #StrategyTrade LAYER/USDT #TradeStories
Strategies I used:
I used RSI (Relative Strength Index) and a candlestick reversal pattern. The RSI was going down, and a clear bullish candlestick reversal was visible, so I entered the trade at that point.
My result:
I entered at $3.046 and closed the trade when the price touched $3.114. I made a profit of 1.26 USDT. Though it's a small profit, it worked according to my strategy, which boosted my confidence.
Plan for the future:
Next time, I will try to improve my entry timing and use a stop loss. I’ll also add some volume analysis. I believe trading is not just about profit; learning is also important here.