Today I executed a trade with Bio Protocol (BIOP) after detecting a breakout above $0.082 with increasing volume. I confirmed the entry with RSI coming out of the neutral zone and a bullish crossover on the MACD. I bought at $0.084 and set the take profit at $0.102, with a stop-loss at $0.077. The trade lasted 2 hours and I closed with a 21% profit. A key catalyst was the announcement of a new partnership with a decentralized laboratory.
Result: clean trade, based on technique + news.
#TradingJournal #BIOP #CryptoTrading #TechnicalAnalysis #TradingEnVivo