[00:00] You're buying coins that literally have nowhere left to go. Most of the coins on your screen should never even be traded. In this video, I'm going to show you some filters and setups that will immediately improve the quality of your entries. And that's the key point here, the entries. I'm using GMGN for this. I'll link it down below if you're interested in using it.
[00:17] First thing you need to understand with the newer coins is that they have ceilings. So I'm going to show you a few old coins first so you can see the difference. First thing you need to understand, I've discussed it in previous videos before, is where you're trading on the chart.
[00:31] And so many charts you'll see on Robinhood and Solana right now, even ones that ran to like 30, 40, 50 million and above, they look like this. Completely dead charts. You have to be on the right side of the trade.
[00:45] Yes, you'll get some that have that pump and then settle and then may pump again. But it's very rare. And because the volumes pull back significantly, as I mentioned in my last video where we talk about these little two to three month cycles, it's even less likely a lot of these coins are going to pump again.
[01:02] So all of your attention should be in new coins at the moment anyway. This is another one, ZZZ, which did well initially. But after that, it's just three wave corrections.
[01:14] And this is where a lot of people get chopped out. You should not be trading on this side. It should be all this side where there's attention and where there's volume. This is where even if you get your entry wrong, you could still make money. So if I bought here, here, here, here, anywhere here, I could still have potentially exited for profit or at least break even.
[01:33] But after that, it's a no-no. So how do you know? How do you know where to get in with these coins? Well, let me show you. A couple of ways you could do this. One is on trending. So here, if you look in the top right-hand corner, we've got filters.
[01:45] So reset this all first in case you've got some you're using already. And what you want to do here, make sure Solana selected here first and then we'll do Robinhood after. So on the left hand side, you can select a Solana coin.
[01:57] These are all of the Solana coins at the moment. For example, I can sort by hourly just to see where all the volume is going in right now. You'll get some larger market cap, smaller market cap, but most of these are going to be dead coins.
[02:09] And these aren't the ones you should be trading. so if you click on filter here an easy way to do it is you can reset this and you can sort it by age that's the first thing so if you want new coins we don't
[02:22] want to be messing about with anything that's over seven days old because that's not where the opportunity is that would be a maximum even better it should be a couple of days so let's add two days here I don't want any coin that's
[02:35] dead already so it's completely failed so anything under I'll say 100k absolute kind of minimum bar I don't want to see anything below that and I'm going to put total fees here just because we don't obviously want any scam or obvious rub coins here on the trending tab so
[02:51] let's put 15 and so there so this is the list this is the stuff you should be devoting your time on for example if I click on SI here I can see we're in the the first half of the chart here it's still
[03:03] a trending coin these are ones I want to keep an eye on these are ones that are worth buying dips to see if it can push up. Now, if it fails it and it doesn't make a new all-time high and it starts falling back and it takes out this support,
[03:18] this unfortunately is another one which would be a dead chart. At the moment, it's looking good. It's holding a higher price. It didn't completely die off here. But my point is, this is where there's some money to be made.
[03:31] This is one you'd keep open on your tabs for the next couple of days and keep an eye on it and see if there's an opportunity here. There are many ways you can trade this coin. Let's say you wanted to get in on a pullback. One way I use is because it's a little bit older now this coin, I use a 15 minute chart
[03:47] or 5 minutes. I wouldn't get into 30 seconds or 1 minute. That's not going to help you there. So 50 minutes is a good one to do. Have RSI below. We have the volume indicator here. You can add both of these if you click on FX.
[04:01] And one thing you can do is analyze the chart and see where price has bounced already. So let me remove these drawings. I see the midline on the RSI tends to be good support. That's one way to do it. The other way is you can draw the actual support lines too.
[04:16] So if you get a line here, you can see that this was resistance now turned to support. So that would be potentially a good place where price could bounce, although it has been tested a couple of times. Another, if you click on trendline here, is you could do a trendline support.
[04:30] So price pulls back to a support line here. You've got the RSI. You've got support and resistance lines. you've got trend line support as well. And the way it work is when you selling up a trade your stop loss so basically where you wrong quote unquote would be closely underneath it so let say i bought here at 5 i be selling at let say 4 so below the
[04:52] 5 million mark which again is psychological level so if i'm wrong i lose 10 20 percent keep the losses small if i'm right this can run and i'll put take profit targets along the way so as you go through your list this is what you're looking for on all of these new coins you do your
[05:07] usual rug checks and scam checks which I've discussed on other videos but as the coin gets older and older and it's holding a higher market cap it becomes less and less likely that it's an obvious rug or scam. Easiest way for a quick check is click on bubble map say and then you can see
[05:22] if there's any obvious massive bundles. Now let's say I buy into one of these coins and it doesn't work out and my stock gets taken out or I just sell the position because it's not working out because I'm seeing you know volumes clearly dying and stuff like that. What do I do then? I
[05:36] personally keep the charts open to see if there's another opportunity but most beginners you should walk away from that coin you shouldn't try and trade that coin again and again definitely don't start buying on the way down this crazy
[05:51] thing people do they're already in a loss and they start buying more and more never average down the only time you should be actually adding any more to a position is if you're in profit and the charts going up or you've already made profit then it actually makes sense and the other thing you can see with these
[06:06] filters is you can see what the ceiling is on a lot of these coins right now so just having a look through i can see that running through a million is not a big deal on a salona coin right now but let's switch this over let's change to robin hood we can add the same filters again in the top right
[06:21] so we could do let's say two days and minimum 100k market cap and we can add some some fees so let's say one even fees and then again you can see the ceilings on these coins all-time highs about a million, two million decent ceilings. Why that's important is because I know that if I'm getting
[06:38] into any of these coins and I'm buying in low market cap like three, four hundred K, I know that I should be taking a lot of profits at one to two million. These are areas, by the way, you should be taking profits anyway. These are psychological common resistance levels. Next thing, so we've got
[06:53] our filters, but also on the day, you need to get a flavor of what the narrative is, what's running at the moment and why and it's very easy to do that too so for example you can take one of these coins obviously do your normal checks but quick way is click on the search bar here and then have
[07:10] twitter just search for that token or you can search for it by contract address usually there'll be other people who've had a look at the coin and they'll do some some sort of narrative you can even use ai for this if you want to you can see here a detailed uh post about philax have a look through
[07:26] all of the posts there and it's not that long if you don't understand it copy and paste it into chat gpt and read that but this gives you an idea of what the narrative is so next time you see a coin on the same day with the same narrative you know that it could run a little bit might not run
[07:43] anywhere near as much but there could still be some multiples there especially if it's the same narrative but there's a slight spin on it now another way you can pick up trending is you can change up the filters so you can only look at older coins that are now trending again so these
[07:59] will be more established coins so i'll be putting something like five million here in market cap and the age i'd want anything seven days and older and then click apply the problem with this one is again you're going to see a lot of coins that have pumped already that are now on a down
[08:15] trending chart so i rarely do this now i just try and stick to new coins because honestly it's just in your favor these older coins are just ones where you could get chopped up to be honest and let me just show you an example i mean bundle cat has run really well recently but at the same time
[08:33] you know you're buying some of these coins and let's say i vote here and it does run again and it gets to 100 that's that's all well and good but in terms of multiples it's only 30 or 40 percent and the people who are really making the cash are the ones who are buying this very very early
[08:50] and then selling for an actual multiple so actually 2x to 5x and it's the multiples that make meme coins worth trading worth the risk of taking 30 40 percent losses otherwise it doesn't
[09:03] make sense it doesn't make sense here in the middle of the chart trying to make 30 percent where your risk at the same time is 30 percent mathematically it doesn't make any sense and this is why a meme coin trading has changed so much now and all of the focus is at the beginning
[09:18] and why a lot of coins just don't hold into the billions anymore because people know now the top holders know to slowly get out of positions once it in hundreds of millions because probability wise things are just not going to run the bigger coins have their ceilings now
[09:36] very clear ceilings that's why ponds didn't even quite make it to a billion and it's struggling now now what of trenches well i mean this is a whole skill in itself because trenching you're scalping a lot more but what you can do with the third side here the migrated
[09:51] coins is you can again set up filters so these are migrated and again you can set up a minimum market cap so let's say something like 50k age you don't want anything older than a few hours so you can put something like 360 minutes or a few hours and fees in e if you want at least
[10:07] 0.3 0.4 in e and then you can have a look at these coins these are a lot newer some of them are run already but what i see very very often is ones that have run already still there's attention there still is a narrative there there's still a potential they can do a deep dip so you know 70
[10:25] 80 90 percent dip in coins at the beginning is not weird or abnormal all of the greatest coins in the last few months like pounds they all had this at the beginning that's nothing wrong with
[10:37] that but check the narrative check support levels check how the volume is potentially you could get very very good entry early entry on some of these limit your risk and it's multiples you're looking for i still prefer trending i don't personally like uh trench trading much higher chance that
[10:54] the coin will get completely wiped out personally the coins in this region i find better you can you can buy them with a little bit of size they're a little bit more established so that you know the coins much less likely within a candle or two so i mean like within five ten minutes to completely
[11:10] go from 500k to you know 20k market cap and because they suck around a little bit there's some sort of usually decent narrative around them so those are the ones i keep an eye on and you know this is trading so a coin like this you're going to take you know 10 trades of this
[11:27] over the next let's say one week and one or two all you need is one or two of them to do some multiples to make it worthwhile but what's very important in the ones that don't work out you
[11:39] must limit your losses and the other thing just just be just be i mean this is experience anyway just be careful with some of these charts so you see a lot of charts which dead volume and then sudden pumps and stuff like that always try and go back to the beginning of the chart to see what
[11:53] happened initially if it's a truly organic coin unless again it's a it's a it's a launch that people are aware of and stuff like that it shouldn't just pump straight up you know um
[12:05] within the first few seconds. That could sometimes be a sign of heavy bundling. And then the other thing as well is if you see this kind of sideways price action, I would be very very careful. You know, what you want to see is nice organic, you know,
[12:18] even if there's massive dips along the way, these are how meme coins, organic meme coins work. This can just be distribution of those early bundlers slowly getting out, but getting out without completely destroying the chart so sideways charts i've never been keen on um unless like i said it's
[12:36] organic and it's holding at a price level not these types of charts these are charts where you just get chopped up and then remember it's an opportunity cost opportunity cost so every time you take a trade and you're holding that coin that's money that in theory could be better used
[12:52] elsewhere especially if it's just doing nothing you're gonna sometimes sell a coin and then it's gonna run after that happens all the time because you know we don't have a crystal ball you just
[13:04] have to get out of the position and move on just exit and move on you cannot get married to any of these I mean this whole thing about conviction and stuff like that I think it's a lot of it's to be honest these are sometimes influencers just selling you stuff um where a lot of them you know
[13:20] they're in these groups and stuff there you know and they know when a coin's gonna pump a lot of the time because a lot of people have agreed let's pump this coin tends to be newer coins but sometimes they could do the same thing on an older coin too and as a trader you're not you're not
[13:34] gonna have any of that information but you will be able to spot an organic chart that's pumping so as a reminder the game's about multiples if there's not a multiple in the chart because of the ceilings because of how the chart's looking right now then it's not worthwhile taking the
[13:50] risk on that trade stay away from dead charts no matter how much they look like they might be pumping again once attention is over and attention is over very very quickly could be a couple of days you'll be forgiven for trying to
[14:02] trade here I think I did on this on this one as well that's okay you know a couple of days of attention after that you should be nowhere near these charts even if it gets a little bit of a breakout and stuff like that it not worth it you need attention you need eyes you need people talking about it to pump these and sometimes you get lucky you be early in a coin and you not sure you holding a
[14:24] little bit of a loss but then a few people tweet about it on twitter or it's related to some massive account on twitter and then you suddenly get a god candle and that's the time again to
[14:36] take profits not to build conviction and think well I mean this is going to go up forever that's a massive mistake and I know this this might sound a little bit bad but I mean don't get too much into narratives as well because let's be real here that you know what's going on here with
[14:52] these coins especially the ones on ethereum they're discussing novel ideas new ideas of launching coins where charts don't completely get wrecked there'll be
[15:04] rewards loyalties fees there'll be some sort of flywheel and everything goes round and round again people get sent actual stocks that they can sell or
[15:16] other meme coins that they can sell that's why you see here in the top right taxes on a lot of these coins because that's the intention is from the taxes that's going to help build something incredible here with this new coin look
[15:28] this is just all bs that comes around every two to three months it's just a new meta new new kind of narrative a lot of old stuff gets recycled during that period as well and then everybody
[15:40] forgets about it and moves on none of this is actually anything that's going to change crypto or humanity or anything like that so please don't believe it will you just have to recognize when this is happening as a trader ride the wave and then move on so tomorrow or next week there'll
[15:56] be some new i mean people are bored of like animal coins and funny coins stuff like that it's more kind of utilities are still working a little bit at the moment someone tomorrow or next week will come up with some really cool new idea and everybody will be like well this is how launch
[16:11] pads need to be this is like awesome holders are actually getting rewarded blah blah blah there'll be loads of volume going into it and your decision is you see the bars at the bottom can this get more volume into it can the bars get higher after the next dip because for the price to keep going
[16:28] up into 10 million 20 million the bars have to keep going up to the volume bars at the bottom and there are some amazing meme coin traders who are very experienced and they can feel intuitively
[16:40] this happening and they will know the time when it's better to buy and hold for more than a few hours it's better to buy and hold for a few days but days should be the absolute limit unfortunately
[16:52] even on the best coins if you look at when they were actually running so this is ai ai and ponds were you know some of our better coins over the last month especially early on but when everything was pumping was here this is not a place to trade when it's sideways you could try i did to see
[17:10] whether it would pump again but now we understand looking back 300 million was the ceiling on a lot the better coins and the the time it was pumping was what let's say from around here 25th august
[17:23] till 1st september five six days stays not weeks or months or years anymore with meme coins that was the opportunity and everything else on the chart is unfortunate and now we're selling off
[17:37] i mean i'll definitely keep an eye on ai or plums to see whether they do something again But for them to do something, you need to see massive breakouts here in volume, trendline breakouts and stuff. We might never see that.
[17:49] And because of the way things are, with the tension rotating all the time, everybody just jumping into the new shiny thing. Even more than a year or two ago. Don't be surprised, actually, if AI or POMS just struggle a bit from here.
[18:05] But even if they don't, they do or they don't, that's not where you need to be trading. because you could buy AI here and let's say we get another room with Robinhood coins these are the leaders they will perform the best let's say it does run back to all-time highs maybe even runs
[18:21] back to 500 and you're buying 150 here so do the math that's 3x that's a brilliant multiple how long is that going to take even if it did happen six months three months how long your money will
[18:36] be tied up in this however you can jump on now and trade some of the new rubbish and you could do a 3x within an hour three hours move on you can recycle your money faster you can lose money
[18:51] faster too this is the risk but at least meme coins give you that opportunity to know when to trade and where to trade thanks for listening