๐ธI Made 30% in 48 Hours with This One Simple Trading Setup.๐ Hereโs How. ๐
Three days ago, I was watching the charts and noticed something interesting on a low-cap altcoin. It was following a pattern Iโve seen before, and I decided to risk a small portion of my portfolio. The result? A clean 30% profit in just 48 hours.
I'm not a whale or a professional trader. This was a simple, repeatable strategy.
Hereโs the breakdown so you can learn from it:
* Spot a Golden Cross: I saw the 50-period Moving Average on the 4-hour chart cross above the 200-period MA. This is a classic bullish signal that shows a shift in momentum.
* Wait for Confirmation: I didn't jump in immediately. I waited for a retest of the new support level. The price dipped to the 50 MA and bounced back. That was my entry signal.
* Set a Tight Stop-Loss: Risk management is everything. I placed my stop-loss just below that new support level. This protected me in case the trend reversed.
* Target the Next Resistance: I identified a previous high and set my take-profit order there. Once the price hit that target, my position was automatically closed for a 30% gain.
The coin was $SEI
This isn't financial advice, but a real-world example of how a simple technical analysis strategy can generate significant returns. Always do your own research (DYOR) and manage your risk.
What are your thoughts on this strategy? Do you use a similar setup? Let me know your favorite indicator in the comments! ๐
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