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📉 I recently made a trade on the ETH/USDT pair after monitoring the price action for several days. I noticed the formation of a symmetrical triangle pattern on the 4-hour chart, which often indicates a potential price breakout.
✍️ I entered the trade when the price broke the resistance level at $3,100 and placed a stop-loss order at $3,050 to protect my capital. The price target was set at $3,250, and indeed the target was achieved in less than 24 hours.
💰 The profit was approximately 4.8% of the capital at risk, using 3x leverage.
This is one of the best trades I made this week, and I look forward to more similar opportunities. Continuous learning and technical analysis are the keys to success in this field.
#Trading #Crypto #ETH