Home Cryptocurrency Guides Hell Week Tutorial 1: Mastering Coin Selection 🍞

Hell Week Tutorial 1: Mastering Coin Selection 🍞

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Steps to Follow

Step 1: Create Your Pair List

  1. Visit Sandwich Finance:
    • Go to sandwich.finance download the pair list of all coins available on the platform.
  2. Pick Latest Narrative-Based Coins:
    • Head to @Coingecko categories and pick the latest narrative-based coins (e.g., RWA). Add these to your list.

Step 2: Categorize Coins as Dead or Trending

Criteria for Trending Coins:

  • Above Yearly Open: The coin should be trading above its opening price for the year.
  • Holding April 13 Crash Lows: The coin should have maintained its levels since the April 13 crash.
  • Trend Up on Weekly Time Frame: If you’re not familiar with market structure, use the 100-Day EMA as a metric to determine the trend.
  • Consistency: Repeat this process every week to stay updated on which coins to long and which to short.

Simplified Check for Trending Coins:

  • Coins above yearly open
  • Maintaining April 13 lows
  • Uptrend on weekly time frame (or use 100D EMA)

Step 3: Exercises

  1. Categorize Your Coins:
    • Follow all the steps above and categorize your coins into trending or dead.
  2. Document Your Findings:
    • Take snapshots of your trending and dead coin lists.
    • Upload videos or photos with text explaining why you believe certain altcoins are strong or weak right now.

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