#小白必看
Tips for finding doubling coins
Friends often ask, how to find coins that will double?
So, here we will explain how to find coins with potential:
1. Follow upcoming stories
The only way to make sense is to roughly predict what story will happen next in the market. That way we can anticipate possible surges instead of like now when all the "influencers" start talking about RWA because of BlackRock. Before anyone talks about the market, try to make a "logical bet" on what might happen in the market.
2. Try to filter the decline list
Sifting through the decliners to find coins to buy is a very dangerous way to determine which coins to buy, but maybe looking for coins from the decliners is the “more logical” move. The Top Losers sector shows the currencies that gained the most a few days ago and are currently undergoing corrections. When we can "buy the dip" during a correction and the price returns to the point of greatest increase, then the asset price has the potential to double.
3. Find the biggest weekly increase of 20%
One thing you can do to find coins that have "doubled" is to limit how much the coin has risen over the past week. The most obvious rule is that the coin can rise no more than 20% per week. More than this number is “not ideal” and anything less is not ideal because “there are no takers”. A rise of 20% can be taken as a sign that the market is indeed interested in the asset.
4. Pay attention to trading volume
Look at the bottom of the price and you will see the volume bar. Have there been "volume spikes" on the volume bar over the past few periods (last month). If so, there's a good chance that "smart money" is accumulating due to the large number of bullish orders entering the market. Volume can also serve as a benchmark for whether a breakout is a true breakout or a false breakout (false breakout).
