📈 Example of a market trade on May 29, 2025

Coin: Ethereum (ETH)

Trade Type: Market Buy

Entry: Purchase Price — $2,725.97

Volume: 1 ETH

Stop-Loss: $2,650

Take-Profit: $2,800

Reason for Entry:

Technical Analysis: Price bounced off the support level at $2,620 and started an upward movement.

Indicators: RSI on the 4-hour chart is in the neutral zone, indicating potential for further growth.

Trading Volume: Increasing volume confirms buyer interest.

Trade Progress:

Bought 1 ETH at a price of $2,725.97.

Set a stop-loss at $2,650 to limit potential losses.

Set a take-profit at $2,800, expecting the upward trend to continue.

After a few hours, the price reached $2,780; I moved the stop-loss to break even at $2,725.

The price reached the take-profit of $2,800, and the trade was closed with a profit.

Result:

Risk on Trade: $75

Profit: $74.03

Risk/Reward Ratio: 1:0.99