If you are looking for coins that may go up in the next 15 minutes to 1 hour, this strategy can help. It is designed for spot trading and works best for scalping (fast trading). To make a profit, you need to follow the steps carefully.
Skipping steps can result in losses, so be careful and follow the rules.
Step 1: Finding the Right Coin
Start by opening Binance and navigating to the Markets section. Divide your total investment into three equal parts. Set the markets to a 1-hour time frame and sort the coins by Top Gains using the dropdown menu.
Now, check the coins with the highest profits and switch to the 5-minute time frame to analyze the trend.
If the coin price drops after reaching a peak, skip it.
If the price is rising and has increased by 3-5% in the last hour, it could be a good buy. If the top coin does not meet these conditions, repeat the same steps with the second highest-gaining coin.
Step 2: How to Invest
Once you find a coin that suits you, start with the first part of your funds to buy. If the price drops by 2%, use the second part to buy more. If it drops by another 2%, invest the third part.
In this situation, do not wait for 3-5% profit. Instead, exit the trade at your average entry point to avoid losses. For coins that move up as expected, set your profit (T.P.) at 3-5%.
Final TipsThis strategy works best if followed strictly.
You can expect 5-7 profitable trades out of 10, with 3-5 trades ending in no profit or loss.
By adhering to the rules and carefully analyzing coins, you can make your trading more predictable and successful.
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