$BSW /USDT Trading Strategy – Consolidation Breakout Approach
Strategy Overview:
The BSW/USDT pair is currently consolidating in a narrow range, with key levels forming a base for breakout trading. This strategy targets potential upward or downward movement based on confirmed price action.
---
Long Trade Setup (Breakout):
Entry Zone: Above $0.0850
Targets:
Target 1: $0.0880
Target 2: $0.0900
Target 3: $0.0920
Stop Loss: $0.0810
Conditions for Long Entry:
Monitor for a strong breakout above $0.0850 with increased buying volume.
Enter only after 5-minute candles close consistently above $0.0850.
---
Short Trade Setup (Breakdown):
Entry Zone: Below $0.0820
Targets:
Target 1: $0.0800
Target 2: $0.0780
Target 3: $0.0750
Stop Loss: $0.0850
Conditions for Short Entry:
Look for selling pressure and volume increase leading to a breakdown below $0.0820.
Ensure a confirmed breakdown before entry (multiple candles closing below support).
---
Risk Management:
Use a 2% risk strategy for each trade.
Adjust stop loss to breakeven after reaching Target 1 to minimize risk.
Observation: The chart suggests increased volatility as the price consolidates. Be patient for confirmed breakouts or breakdowns to avoid false signals.
#CryptoTradin g #TradingStrategy #BSWUSDT
