If you’re new to trading, identifying coins likely to surge in the next 15 minutes to 1 hour can seem daunting. However, with a focused strategy, you can improve your odds of success. This method is designed specifically for spot trading and works best for short-term trades.
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Step 1: Identify the Right Coin 🚀
1. Open Binance and navigate to the Markets section.
2. Split your investment into three equal parts.
3. Set the market to a 1-hour timeframe and sort the coins by biggest gainers.
4. Analyze the trend of the top-performing coin in a 5-minute timeframe:
If the price is falling, watch for an entry opportunity.
If it’s rising with a 3-5% increase over the last hour, consider buying.
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Step 2: Invest Wisely
1. Start by investing one-third of your funds in the chosen coin.
2. If the price drops by 2%, invest the second part.
3. If it drops another 2%, invest the third part.
4. Exit the trade once the price reaches your average entry point to minimize losses.
5. For a rising coin, set your Take Profit (T.P.) target at 3-5%.
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Final Tip
Discipline and consistency are crucial. With this strategy:
Expect 5-7 profitable trades out of 10.
3-5 trades may break even with no significant profit or loss.
By carefully analyzing the market and adhering to these steps, you can make more predictable and successful trades.
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