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)

  1. Bullish Engulfing – Strong buy signal after a downtrend.

  2. Bearish Engulfing – Strong sell signal after an uptrend.

  3. Hammer (bullish) – Appears at the bottom, signals reversal.

  4. Shooting Star (bearish) – Appears at the top, signals reversal.

  5. 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.

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