How I Made 300% in $TURBO in Just 5 Minutes Using a UnPopular Strategy!
My last post got such a good response from you all, and I’m really excited to share more educational and valuable content! 🙌 I’m sharing the experience I’ve gained from being in the crypto market for over 5 years.
Many of my followers and students have asked me, "How do you make such quick profits? Can you explain the strategy?" So today, I’m sharing a recent trade that gave me 300% profit on $TURBO in just 5 minutes. Sounds crazy, right? But it’s true, and I’m going to break down the entire process in simple steps for you.
What Happened with $TURBO?
Last night, $TURBO pumped by over 36% in spot and became one of the top gainers. But instead of following the hype and buying high, I used my Bollinger Bands (BB) and Support/Resistance (SR) strategy to catch the move in a different way. And here’s the secret I shorted $TURBO instead of going long. Now, you might be thinking, "Why would you short something that's going up?" Stick with me till the end, and I'll tell you why shorting can sometimes be more profitable than longing.
Step 1: Setting Up the Bollinger Bands (BB)
Bollinger Bands are a great tool to see when the market is overbought (too high) or oversold (too low). When a coin hits above the upper band, it’s likely overbought, and there’s a chance it might come down. For $TURBO, I noticed the price was stretched far above the upper band longtime, indicating the buyers were getting exhausted.
Step 2: Identifying Strong Resistance
Support and Resistance are key levels where the price tends to reverse. In this case, I saw $TURBO hitting a strong resistance level in 4h chart. Every time it touched that price, it struggled to move higher. This was a clear signal that the price could fall soon.
Step 3: Combining Both Strategies
With $TURBO overbought (BB indicator) and hitting resistance (SR indicator), I decided to short. This means the price going down instead of up. Most people get excited and buy when they see a coin pumping, but I knew it was too risky to go long at this point.
Step 4: Making the Trade
I entered my short position and watched as the price dropped, hitting my targets quickly. In just 5 minutes, I locked in 300% profit on my trade. Sounds simple, but it comes down to understanding the market behavior and using the right tools like BB and SR.
Why Shorting Can Be More Profitable?
Now, here’s why I believe shorting can be more profitable than longing. In crypto, things move fast, especially when a coin is pumped hard. What goes up quickly often comes down even faster 😄 (Newton's third law). By shorting at the right moment, you can capture these quick drops and make profits faster than waiting for the price to go up further.
It’s a bit like Newton’s Third Law: "For every action, there's an equal and opposite reaction." When a price shoots up quickly, the reaction is often a sharp pullback. This sudden drop offers great opportunities for short sellers to profit.
Another reason is psychology. When people see red candles (which show that the price is dropping), they start to panic. The fear of losing money makes them sell quickly, causing the price to fall even faster. This fear-driven selling creates great opportunities for short sellers to take advantage of those quick drops.
In short, while most people are scared of the falling market, smart traders know how to turn that fear into profit.
