If you're looking for currencies that may increase in value within 15 minutes to an hour, this strategy might help you. It's designed for instant trading and works best in fast trading. To achieve profits, you must follow the steps carefully. Skipping steps may lead to losses, so be cautious and stick to the rules.
Step 1: Find the right currency
Start by opening Binance and navigating to the Markets section. Divide your total investment into three equal parts. Set the market to a one-hour time frame and sort coins by top gainers using the dropdown menu.
Now, check the top gainers and switch to a 5-minute time frame to analyze the trend.
If the coin price drops after a rise, skip it.
If the price is rising and has increased by 3-5% in the past hour, it might be a good buy. If the top gainer doesn't meet these conditions, repeat the same steps with the second highest gainer.
Step 2: How to invest
Once you find a suitable coin, 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 another 2%, invest the third part.
In this case, don't wait for a 3-5% profit. Instead, exit the trade at the average entry point to avoid losses. For coins moving upward as expected, set take-profit (T.P.) at 3-5%.
Final tips
This strategy works best when followed precisely.
You can expect 5-7 profitable trades out of 10, with 3-5 trades ending without profit or loss.
By sticking to the rules and carefully analyzing coins, you can make your trades more predictable and successful.
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