Steps to Follow
Step 1: Create Your Pair List
- Visit Sandwich Finance:
- Go to sandwich.finance download the pair list of all coins available on the platform.
- 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 youβre 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
- Categorize Your Coins:
- Follow all the steps above and categorize your coins into trending or dead.
- 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.
Prevoius Post: Best Trading Strategy Recently: ETH Beta Musical ChairsΒ