If you're looking for coins that might pump in the next 15 minutes to 1 hour, this strategy can help. It’s designed for spot trading and works best for scalping (quick trades). To make profits, you must follow the steps carefully. Skipping steps can lead to losses, so be careful and stick to the rules.
Step 1: Finding the Right Coin
Start by opening the Binance and navigating to the Markets section. Divide your total investment into three equal parts. Set the market to a 1-hour time frame and sort the coins by Top Gainers using the dropdown menu.
Now, check the top gainer and switch to a 5-minute time frame to analyze the trend.
If the coin’s price is dropping after making a high, skip it.
If the price is going up and has increased by 3-5% in the last hour, it could be a good buy. If the top coin doesn’t meet these conditions, repeat the same steps with the second-highest gainer.
Step 2: How to Invest
Once you find a suitable coin, start with the first part of your funds to buy. If the price drops by 2%, use the second part to buy more. If it falls another 2%, invest the third part.
In this situation, don’t wait for a 3-5% profit. Instead, exit the trade at your average entry point to avoid losses. For a coin moving up as expected, set your take profit (T.P.) at 3-5%.
Final Tips
This strategy works best when followed strictly.
You can expect 5-7 trades to be profitable out of 10, with 3-5 trades ending at no profit or loss.
By sticking to the rules and analyzing coins carefully, you can make your trades more predictable and successful.
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