Daily on Binance by trading meme coins using candlestick patte. 🚀 (But remember: meme coins are high-risk, so only trade what you can afford to lose.)
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1. Why Meme Coins?
Meme coins like DOGE, SHIB, PEPE often have sudden price spikes due to hype.
They’re volatile, which means they create clear candlestick patterns (big wicks and bodies).
Perfect for scalping or day trading.
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2. Key Candlestick Patterns to Watch
Focus on 3 high-probability patterns:
1. Bullish Engulfing
📈 A large green candle fully covers the previous red candle.
Signal: Price reversal to the upside.
2. Hammer & Inverted Hammer
🔨 Small body with long wick — shows rejection of lower prices.
Signal: Buyers are stepping in.
3. Doji + Breakout
➖ Candle with tiny body (indecision), followed by a strong breakout.
Signal: Trend continuation or reversal after the next candle confirms.
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3. Strategy to Earn $30–$300 Daily
Pick 2–3 meme coins with high 24h volume (e.g., DOGE, SHIB, PEPE, FLOKI).
Use 5-min or 15-min charts to catch fast moves.
Enter after confirmation of the candlestick pattern (e.g., a breakout candle after a Doji).
Set tight stop-loss (0.5–1%) because meme coins can crash fast.
Target 1–3% profit per trade.
With $1,000 capital, just 3–5 successful trades = $30–$100/day.
With bigger capital ($3,000–$10,000), profits can scale to $300/day.
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4. Risk Management
Never trade without a stop-loss.
Don’t FOMO (chase pumps) — always wait for a candlestick confirmation.
Keep risk per trade below 2% of your total capital.
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5. Bonus Tip
Use Binance Futures (with 2x–5x leverage) — but only after mastering spot trading with candlestick patterns. Leverage amplifies both profit and loss!