How to Select Coins for Spot Signal Trading

Spot Signal Trading Strategies

  1. Breakout Strategy
    • Entry: When price breaks a key resistance with high volume.
    • Confirmation: Volume spike + candle close above resistance.
    • Exit: Previous resistance becomes support, or when RSI > 80 (overbought).
  2. EMA Crossover
    • Entry: When 9 EMA crosses above 21 EMA on the 1H or 4H chart.
    • Exit: Cross back downward or RSI diverges.
  3. MACD Divergence Strategy
    • Entry: Bullish divergence between MACD histogram and price.
    • Exit: MACD lines cross again or after a 10–15% gain depending on coin volatility.
  4. RSI Bounce (Buy the Dip)
    • Entry: RSI hits oversold zone (<30) on a strong trend coin.
    • Add Confluence: If price is also at a key support level or fib retracement zone.
    • Exit: When RSI returns to neutral or hits 70+.
  5. Volume Spike Detection
    • Entry: First green candle with high volume after a correction.
    • Tools: Use volume delta indicators or TradingView volume-based scripts.
  6. Trendline Reclaim
    • Entry: Price reclaims a long-standing downtrend or breaks an ascending triangle.
    • Good for: Coins that have consolidated and are ready for a breakout.

Tools & Resources

Type Tools
Charting TradingView, Coinigy
On-chain Analysis Nansen, Glassnode, LookIntoBitcoin
Signal Discovery SpotSignal.com, DexTools, DexScreener
Social Trends LunarCrush, Santiment, Twitter/X Trends
Volume Scanner CoinMarketCap > Trending / Gainers, Binance "Top Movers" tab

Bonus Tips