I recently executed a trading strategy focused on short-term price movements in the crypto market. I identified a breakout pattern on the 4-hour chart of Ethereum, with strong volume confirmation and RSI divergence. I entered the trade at the breakout level, setting a tight stop-loss to manage risk. My target was a 1.5x risk-to-reward ratio, which the trade hit within 8 hours. I also monitored BTC’s price action, as its volatility often influences altcoins. Overall, the trade was a success, reinforcing the importance of technical analysis, patience, and proper risk management in executing profitable trading operations.
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