How to know which cryptocurrency will increase in value in the next 15 minutes
If you are looking for cryptocurrencies that might increase in value in the next 15 minutes to 1 hour, this strategy can help. It is designed for spot trading and works best for scalping (quick trading). To make a profit, you must follow the steps carefully. Skipping steps can lead to losses, so be cautious and adhere to the rules.
Step 1: Find the right cryptocurrency
Start by opening Binance and navigating to the Markets section. Divide your total investment amount into three equal parts. Set the market to a 1-hour timeframe and sort the cryptocurrencies by Top Gainers using the dropdown menu.
Now, check the top gaining cryptocurrency and switch to a 5-minute timeframe to analyze the trend.
If the price of the cryptocurrency is declining after a high increase, skip it.
If the price is increasing and has risen 3-5% in the past hour, that could be a good buying opportunity. If the top cryptocurrency does not meet these conditions, repeat similar steps with the second top gainer.
Step 2: How to Invest
Once you find a suitable cryptocurrency, start with the first part of the money to buy. If the price drops 2%, use the second part to buy more. If it drops another 2%, invest the third part.
In this scenario, do not wait for a profit of 3-5%. Instead, exit the trade at your average entry point to avoid losses. For a cryptocurrency that is increasing as expected, set your profit target (T.P.) at 3-5%.
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