Link/usdt H1 Chart Trading Strategy with Good Win Rate
Scenario 1: Buy When Price Retraces to Support
• Buy: At the strong support zone 28.10 - 28.20 USDT (most recent low).
• Take Profit: Short-term resistance zone 29.50 - 30.00 USDT.
• Stop Loss: Below the zone of 27.80 USDT.
• Risk/Reward: R:R ratio ~ 1:2, ensuring good capital management.
Scenario 2: Buy When Breakout Resistance
• Buy: When the price breaks above 29.50 USDT with strong trading volume.
• Take Profit: Next resistance zone 30.50 - 31.00 USDT.
• Stop Loss: Back below the zone of 29.00 USDT.
• Note: Need to monitor the breakout volume to avoid a bull trap.