Today I entered a long trade on BTC/USDT after analyzing a breakout pattern from the 1-hour chart. I noticed that the resistance level at $67,000 was broken with high volume, and I placed my buy order right after the breakout candle closed. I used a 1:2 risk/reward ratio and exited the trade with a 3.5% profit. I’m currently testing moving averages and support/resistance strategies. Every day I learn something new, and I always backtest before going live.
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