$BTC
Today I traded the ETH/BTC pair after observing a prolonged consolidation at the key support of 0.048. With bullish divergence in the RSI and increasing volume, I took a position at 0.0482. My target was 0.0500 with a tight stop-loss at 0.0475. The trade was based on technical patterns and signs of institutional accumulation. After an impulsive breakout, I closed at 0.0498 with a 3.3% profit in a few hours.
Lesson: Technical analysis in BTC pairs requires patience and a clear reading of the market.
#CryptoTrading #BTCpair #ETHBTC #TechnicalAnalysis #TradingJournal