📊 Today, I executed a trade using the $BTC pair, focusing on key technical indicators. I entered the trade at $64,500 after noticing a strong bounce from a well-established support level. The RSI was in the oversold zone, and MACD showed a bullish crossover, both signaling a good buying opportunity.
I set my target at $66,000 and placed a stop-loss at $63,800 to manage risk effectively. This gave me a risk-reward ratio of around 1:2, which aligns with my trading strategy. Bitcoin tends to be highly volatile, but with proper analysis and risk management, it becomes more manageable.
Currently, BTC is moving sideways, so I’m waiting for a clear breakout above $66,500. If that happens, the next potential target could be around $68,000.
Swing trading is one of my favorite strategies in the crypto market because it allows me to capture medium-term price movements without the need to sit in front of the screen all day. I typically use a combination of technical indicators like RSI, MACD, and support/resistance levels to identify entry and exit points. One recent trade I made involved spotting a bullish divergence on the RSI while Bitcoin was consolidating near a strong support zone. I entered the trade with a clear stop-loss and target in place, and the price moved in my favor within a few days. Patience is key with this method, and risk management is crucial. #SwingTradingStrategy $BNB $SOL $XRP #BTC #ETH #xrp
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#CryptoStocks Circle (CRCL) surged 34% to a new all-time high after the U.S. Senate passed the GENIUS Act — fueling optimism for stablecoin regulation and crypto equities. With Circle’s blowout IPO, many now see this as the start of a broader wave of crypto public listings. 💬 Is this real investor demand driving crypto IPOs — or just short-term hype? Which crypto companies do you think are next?
#PowellRemarks The Fed held rates steady for the 4th meeting in a row. Chair Powell said more data is needed before cutting, even as inflation cools. The Fed’s 2025 outlook shows two possible rate cuts. Meanwhile, Trump reignited tensions, calling Powell “stupid” and urging a 2% cut to boost the economy. 💬 How are you positioning? Do you expect rate cuts this year — or more delays ahead?
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