Lately, I’ve been focusing on short-term trading strategies driven by technical analysis, primarily on the $BTC /USDT pair. I typically operate on the 1-hour and 4-hour timeframes, using indicators such as RSI, MACD, and moving averages to identify precise entry and exit points.
In a recent trade, I entered #Bitcoin at $62,000 after spotting a bullish divergence on the RSI and exited at $64,300 when price action approached a key resistance level. I always set stop-losses to manage downside risk and aim for a minimum 2:1 reward-to-risk ratio.
While not every trade goes as planned, consistency, discipline, and solid risk management are essential for navigating the volatility of crypto markets.