Making $100 daily on Binance using candlestick patterns is possible, but it's not guaranteed and involves significant risk. Crypto markets are highly volatile, and no pattern or trick is 100% reliable. However, you can improve your chances by combining candlestick strategies with risk management and trend analysis.
Here’s a practical step-by-step plan:
✅ Step 1: Understand High-Probability Candlestick Patterns
Focus on 3–5 reliable patterns. Examples:
🔥 Reversal Patterns (used after a trend ends)
Bullish Engulfing – Strong buy signal after a downtrend.
Bearish Engulfing – Strong sell signal after an uptrend.
Hammer (bullish) – Appears at the bottom, signals reversal.
Shooting Star (bearish) – Appears at the top, signals reversal.
Morning Star / Evening Star – Strong 3-candle reversal setups.
🔁 Continuation Patterns (used in trend-following)
Rising/Falling Three Methods
Bullish/Bearish Flag with Confirmation
✅ Step 2: Trade on the Right Timefram
Use 15-min or 1-hour charts for intraday scalping.
Trade liquid pairs like: BTC/USDT, ETH/USDT, BNB/USDT.
✅ Step 3: Combine with Volume & Trend Indicators
Add EMA 20 & EMA 50 to confirm trends.
Use RSI (14) to check overbought/oversold zones.
Use Volume spikes to confirm breakout strength.
✅ Step 4: Risk Management to Hit $100 Daily Target
Start with capital: $1,000–$2,000 minimum
Target 2–5% profit per trade.
Use leverage carefully (only 2x–5x max if confident).
Set Stop Loss (SL) 1–2% below entry.
Take 2–3 quality trades per day, not more.
📊 Example:
Capital = $1,500
Trade: Bullish Engulfing on ETH/USDT 1H chart
Entry: $2,600 | SL: $2,575 | TP: $2,640
Position Size: $500
Risk: 1% ($5), Reward: 2.5% ($12.5)
Do 4 such setups = ~$50 profit/day (with low risk)
With leverage or scaling up = $100+ possible
✅ Step 5: Practice on Paper or Demo First
Before risking real money:
Practice spotting patterns on TradingView.
Backtest strategies with replay mode.
Then go live on Binance Spot or Futures, starting small.
✅ Step 6: Track Your Performance
Use a journal:
Write each trade: pattern, reason, result.
Learn from losses. Focus on consistency, not gambling.
⚠️ Warning:
Don’t chase signal
Avoid trading during news volatility (e.g. CPI, FOMC).
Stick to 1–2 pairs to master behavior.
📌 Summary Table:
StepActionTool1Learn 3–5 candlestick patternsYouTube, Investopedia2Use 15m–1H chartsBinance or TradingView3Add EMA + RSIIndicators panel4Risk 1–2%/tradeCalculator/Journal5Practice firstBinance Demo or Paper6Review dailyTrade journal
💡Pro Tip:
Follow crypto scalping channels or trading groups for live examples — but always verify setups yourself.