Finding coins that are likely to break out in the next 15 minutes to an hour is a big challenge, but if you apply the right strategy, you can increase your chances of success. This article is for spot traders who want to make quick trades.
Step 1: Identify Potential Coins 🚀
Open Binance and Access Markets
Go to Markets on Binance or the exchange you use.
Investment Capital Division
Divide your capital into 3 equal parts to optimize your strategy.
Time Frame Settings
Set the price chart to 1-hour time frame.
Sort coins by Top Gainers (coins with the strongest increase).
Short Term Trend Analysis
Switch to the 5-minute time frame to observe.
If the price is falling: Skip that coin and continue analyzing other coins.
If the price is increasing: Choose coins that have increased by 3-5% in the last 1 hour.
Step 2: Invest Wisely
Make Your First Investment Order
Invest your first capital in the coin you have chosen.
Price Movement Tracking
If the price drops 2%, invest the second portion of capital.
If price continues to fall another 2%, use the last capital.
Exit Orders to Minimize Risk
In case the price does not increase again, exit the order at the average price you bought to limit losses.
Take Profit When Price Increases
If the price continues to rise, set a Take Profit (T.P.) target of 3-5%.
Final Advice
Discipline is the Key to Success:
Stick to your strategy and don't let emotions rule your trading decisions.
Profit Probability:
With this strategy, you can expect 5-7 successful trades out of 10, and the remaining 3-5 trades to be unprofitable or break even.
Thorough Research:
Spend time analyzing and observing the market to improve the accuracy of your predictions.
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DYOR! #Write2Win #Write&Earn $BNB