If you’re looking for coins with the potential for a rapid price surge within 15 minutes to an hour, this strategy is designed for quick, spot trades and effective scalping. To increase your chances of a profitable trade, it’s crucial to follow each step methodically. Missing a step could lead to missed opportunities or losses. Here’s how to spot those quick-pump coins:
Step 1: Choose the Right Coin📝🎯
Start by opening your preferred trading platform, such as Binance, and navigate to the Markets section. For effective risk management, divide your total investment into three equal portions. Adjust the chart to a 1-hour time frame, then use the dropdown menu to sort coins by "Top Gainers."
Once you have a list of top gainers, switch to a 5-minute chart to evaluate the trend. Avoid coins showing a price decline after a recent high. Focus on coins that have risen by 3-5% in the past hour, as these may indicate momentum. If the first coin you assess doesn’t meet these criteria, move on to the second-highest gainer.
Step 2: Plan Your Investment Strategy🎉
Once you’ve selected a coin, begin by allocating the first portion of your funds to buy. If the price dips by 2%, use your second portion to buy more, and if it drops another 2%, invest the final portion. Exit the trade if the price doesn’t rise back to your average entry point. For coins moving upward as anticipated, set a Take Profit (T.P.) target of 3-5%. This approach allows you to manage risk while capturing potential gains.
Final Tips for Consistency🔥🔥
Consistency is key for success in this strategy. Stick to the rules to increase your likelihood of profitable trades. Expect around 5-7 out of 10 trades to be successful, with the others likely resulting in breakeven. A disciplined, thoughtful approach will make your trades more predictable and improve your overall performance.
By applying this method, you can start spotting coins with quick-pump potential and refine your trading tactics for better results.