#BTC
📈 Example of Spot Trading: BTC/USDT
Trading Pair: BTC/USDT
Entry Price: $106,000
Exit Price: $107,200
Amount Purchased: 0.1 BTC
Total Cost: $10,600
Total Sale: $10,720
Profit: $120
Coin Bureau
🧠 Trading Strategy:
Technical Analysis: The trader identified a strong support level at $106,000, from which a bullish breakout was expected.
Risk Management: A liquidation price of $104,000 was set to keep the position safe despite price fluctuations.
Profit Taking: The position was closed upon reaching the price target, resulting in a good profit in a short time $BTC