📈 Trading Strategy with HBAR: Profits on a Volatile Day! 🚀 I want to share a trade I made with HBAR and how I took advantage of market movements to make profits.

As you know, trading is an art that combines technical analysis with patience. Today, in $HBAR, I spotted a series of interesting trends:

Initial bullish trend: The day started with $HBAR showing strength, a positive signal to look for opportunities.

Bearish reversal: However, the market is dynamic, and soon the trend changed to bearish, which put me on alert for a possible consolidation.

Sideways channel: Indeed, $HBAR entered a sideways channel. This is a crucial moment where patience is key, waiting for a breakout that indicates the next direction.

My strategy was clear: I was waiting for the sideways channel to break to confirm my entry. And so it was:

Entry point: When I saw the breakout of the channel, I took my position at 0.29278 USDT.

Closing point: With a defined risk management, I closed my trade at 0.29469 USDT.

The result was a profit of 4.19 USDT! 🎉 It may not seem like a fortune, but remember that in trading, consistency and risk management are what build long-term success.

What lessons can we learn from this trade?

Observe the trends: Identifying whether we are in a bullish, bearish, or sideways trend is the first step.

Wait for confirmation: Don’t rush. Wait for the market to confirm your hypothesis, such as the breakout of a channel.

Define your entry and exit points: Have a clear plan before trading. This includes your take profit and stop loss levels.

Patience pays off: Especially in sideways markets, waiting for the right moment is crucial.

I hope this little experience is helpful to you. Feel free to share your own trades and learnings! What strategies do you use in sideways markets? I’ll read you in the comments! 👇