#Tradersleague
Here’s a concise BTCUSDT long trade plan based on my earlier trade:
📌 Trade Setup Summary
Type: Long
Entry (Limit): 109,700 USDT
Stop-Loss: 109,000 USDT (–0.64%)
Take-Profit 1: 110,800 USDT (+1.01%)
Take-Profit 2: 111,500 USDT (+1.62%)
Risk/Reward: ~1.6 (TP1), ~2.5 (TP2)
💰 Position Sizing Example
Capital: $10,000
Risk: 1% = $100
SL distance: 700 USDT
Position size: 100 / 700 ≈ 0.143 BTC
With 5x leverage → ~0.029 BTC
⚙️ Trade Management
Use OCO order (TP + SL)
Move SL to entry after hitting TP1
Consider trailing stop to lock in gains
Watch for breakdowns or reversal signals
✅ Entry Conditions
Price bouncing from 109,200–109,300 zone
RSI above 40 on lower timeframes
Increasing volume on green candles