📈 Sharing my experience in today's entries Riding the Bull! This is how I achieved a 7.48 $ de Profit in Crypto with $1000WHY
Hello everyone! Have you ever wondered how to detect a possible trend change and ride a profitable wave? Let me share a recent trade in $1000WHY that transformed a bearish trend into a sweet profit upward.
I was watching $1000WHY, which had been showing a clear bearish trend. But then, something interesting happened: it formed a Morning Star pattern! This three-candle formation often signals a possible change from bearish to bullish.
Right after that, my favorite moving averages (of 7, 25, and 99 periods) started to tell a story. The price crossed them, and suddenly, the chart lit up with more than nine green candles. There were a couple of dojis interspersed, which acted as brief pauses or minor pullbacks, perfectly normal and healthy in a strong bullish trend.
The real confirmation came when the fastest moving average (of 7 periods) crossed below the 25 and 99 period moving averages. This golden cross solidified the bullish momentum, and I knew it was time to enter!
And so, I rode the wave to achieve a 7.48$ de profit! This trade was a fantastic example of how combining candle patterns with moving average crosses can help you identify high-probability setups.
Key points from this trade:
Morning Star Pattern: A powerful reversal signal.
Moving Average Crosses: Confirming trend changes.
Patience and Observation: Waiting for multiple confirmations before entering.