Brothers and sisters, gather around! Just post and you can get 25u!! You need at least 10 likes!! Each post needs 100 characters; just write a bit to make up the word count. Everyone can copy mine, no problem. First, each post needs the topic #交易故事 , then add one topic from the illustration and include a trading component, for example, mine is #BTC交易 . If everyone posts, they need to come and like it, you can find me.
Story Title: After the Breakout, What I Learned
In my spare time, I am keen on technical analysis. I don’t chase trends, nor do I buy into the “all-in for quick riches” mentality. I only believe in charts.
Background
At the end of 2024, Bitcoin's price fluctuated. I found that the price formed a symmetrical triangle on the daily chart and marked the trend lines using TradingView while setting price alerts.
Breakout Occurs
At the beginning of 2025, Bitcoin broke out with volume above the upper edge of the triangle (around $90,000). Based on the “breakout strategy,” he bought a portion of BTC at $93,500, with a stop loss set at $91,000.
Technical Basis:
RSI just broke above 50, momentum is increasing
MACD golden cross
Volume significantly increased, verifying the breakout
Daily close above the trend line
Gradual Accumulation
As Bitcoin rose to $97,000 in the next two weeks, he gradually increased his position twice. When it reached $98,500, he noticed the price began to diverge, the RSI showed overbought and started to decline, so he stopped chasing the highs.
Reducing Position and Exiting
When Bitcoin failed to hold above $97,000, he closed most of his position. Ultimately, he entered at $93,500 and exited at $98,200, with an average profit of about 14%.
Summary of Lessons
“Not every chart is reliable, but disciplined trading and a clear exit mechanism are what allow me to survive in the market.”
