Spotting coins that might pump in the short term (15 minutes to 1 hour) can be tricky, but with the right strategy, you can increase your chances of success. This method is ideal for spot trading and works well for scalping (quick trades). Here’s how you can approach it:
Step 1: Choose the Right Coin 🚀
1. Open Binance and go to the Markets section.
2. Divide your funds into three equal portions.
3. Set the market time frame to 1 hour and sort the coins by Top Gainers.
4. Analyze the top gainer's trend on a 5-minute time frame.
If the price is dropping, skip it.
If the price has risen by 3-5% in the last hour, consider it as a potential buy.
Step 2: Make Smart Investments
1. Invest the first third of your funds in the chosen coin.
2. If the price drops by 2%, invest the second third.
3. If it drops another 2%, invest the final third.
4. Exit the trade at your average entry point to minimize losses.
5. For rising coins, set your take profit (T.P.) at 3-5% 🚀.
Final Tips
Discipline is crucial for this strategy. If you follow the rules and analyze the market carefully, you can expect 5-7 successful trades out of 10. The remaining trades may result in no profit or a small loss.
This strategy can help you make more predictable and profitable trades, but it requires patience and continuous market monitoring.
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