Today I executed a short-term trade on the $ETH/USDT pair based on technical analysis and recent market sentiment. After observing a bullish flag pattern on the 1-hour chart and RSI bouncing from the 40 level, I decided to enter the trade at $2,930, aiming for a target of $3,080. I placed a stop-loss at $2,875 to manage risk, keeping my position size within 3% of my portfolio.
The trade was backed by positive Ethereum network developments and a small surge in whale accumulation. I always combine chart patterns with on-chain data and macro news for better accuracy. After a few hours, the trade successfully hit the target, and I booked a healthy 5% profit on the position.
One thing I’ve learned is that sticking to your plan and not letting emotions interfere makes a huge difference. Trading isn't gambling — it's about strategy, discipline, and risk management. I’ll continue refining my process and learning from every move I make in the market.