can you please tell me what's your process to choose which coin to trade, meaning do you just go to Binance and look at the list and choose at random or there are some criteria?
Hi,
i browse through all binance charts every 2-3 days. on one screen i got the daily, the 4h and 15-1h chart to check different time frames at the same time. it needs a seconds to check if the chart is interesting.
i then mark coins which seem strong or very weak. weak coins i skip often while going through charts. everything under 100btc daily volume iam not even looking at.
i also have some coins i always do check.
if i see points of interest iam setting up alarms to get notified if prices reaching a certain point or e.g. breaking a trendline.
while iam trading i'm looking at coins on binance , using the desktop app to check regular the short term charts of the top 15 mover and top 15 on volume.
i also use a volume monitor to get alerts if coins move more than 2% or have a spike in volume. highly recommended! => https://crankykernel.com/binance/monitor
