How to Quick Check Which Coins Ready to Pump in the Next 15 Minutes
Predicting which coin will skyrocket within a short window, like 15 minutes to an hour, requires a strategic approach and quick decision-making. This guide outlines an effective method tailored for spot trading, ideal for those who prefer scalping (quick trades for small profits). By following these steps diligently, you can maximize your chances of catching a pumping coin while minimizing risks.
Step 1: Choose the Right Coin 🧐
1. Open the Binance platform and go to the Markets section.
2. Split your total investment into four equal parts for better capital management.
3. Change the market view to the 1-hour timeframe and sort coins by Top Gainers.
4. Review the trend of the leading coin on the 5-minute timeframe to spot its momentum.
5. Skip coins that show a declining trend or sudden spikes followed by steep drops. Instead, focus on coins that have steadily increased by 4-6% within the last hour. These coins often attract more traders and can offer better entry points.
Step 2: Manage Your Investment Strategically 💰
1. Place your first portion of funds into the chosen coin once you've confirmed its upward trend.
2. If the coin’s price drops by 1.5%, allocate the second portion of your funds.
3. If it dips further by another 1.5%, use the third portion. This staggered investment method ensures you reduce your entry cost and avoid heavy losses in case the trend reverses.
4. Once the price recovers and reaches your average buy price, exit the trade to break even. This safeguards your capital.
5. For coins that continue to rise, set a take-profit target of 4-6% above your average entry price to lock in your gains.
Key Points to Remember
Discipline is essential. Never deviate from the plan or chase coins impulsively.
Monitor volume and momentum indicators closely, as they can signal if a coin has enough strength to pump further.
Patience is crucial when waiting for price recoveries or profit targets.
Results You Can Expect
This strategy is designed to optimize your win-to-loss ratio. Out of 10 trades, expect 6-8 profitable ones, while 2-4 trades may result in no significant profit or a slight loss. By sticking to the rules and avoiding emotional decisions, you can improve your overall success rate over time.
If you find this guide helpful, don’t forget to follow for more expert trading tips! Your success in the market starts with the right plan.
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