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#ShareMyTrade — BTC/USDT Spot Trade Review
Pair: BTC/USDT
Market: Spot
Timeframe: 1H
Position: Buy (Long)
Current Price at Entry: ~87,650 USDT (BTC/USDT spot price) �
Binance
📈 Entry Logic
I opened a long position at 87,650 USDT after:
• Price bounced off a support zone around ~87,300–87,500
• RSI showed bullish divergence
• A clear bullish engulfing candle formed on the 1H chart
• Volume increased indicating buying pressure
These factors suggested a potential short-term upward reversal. (Entry logic explained clearly)
🎯 Target & Risk Management
Take Profit: 90,000 USDT
Stop Loss: 86,800 USDT
Risk–Reward Ratio: ~1 : 2.5
💰 Exit & PnL
➡️ I closed part of my position at 89,500 USDT
Profit: ~+2.1%
Trade Duration: ~8 hours
🧠 Lessons Learned
• Patience waiting for confirmation candles improved entry timing
• Multiple indicators (support, volume, RSI) together ↑ accuracy
• Planning profit & risk ratios keeps trades disciplined
#ShareMyTrade #Crypto #BTCUSDT #SpotTrading #GateSquare