So, here is the strategy I used to get these results. 136% in DLMM @MeteoraAG 🫡
A thread🧵👇
@MeteoraAG 1./Gaining momentum.
This token $LMAO! appears to be in a reversal, indicating a significant surge in volume. It's a good time to start placing an entry point for DLMM.
Next, I'll do a quick checklist to see if this token is safe.
This token $LMAO! appears to be in a reversal, indicating a significant surge in volume. It's a good time to start placing an entry point for DLMM.
Next, I'll do a quick checklist to see if this token is safe.
@MeteoraAG 2./I focus on new tokens with the following 7 quick checklists:
1. Market cap over 1M ✅
2. Token age over 12 hours ✅
3. Large global fees paid ✅
4. Rugcheck.com = Good ✅
5. Holders > 1.5k ✅
6. No fresh wallets marked red ✅
7. Still in bullish momentum ✅
1. Market cap over 1M ✅
2. Token age over 12 hours ✅
3. Large global fees paid ✅
4. Rugcheck.com = Good ✅
5. Holders > 1.5k ✅
6. No fresh wallets marked red ✅
7. Still in bullish momentum ✅
@MeteoraAG 3./Setting up the outlook, range, and exit point
I use Fibonacci retracements to find the range and exit point.
Simply place the Fibonacci retracement from the lowest candle to the highest candle.
See the following screenshot.
I use Fibonacci retracements to find the range and exit point.
Simply place the Fibonacci retracement from the lowest candle to the highest candle.
See the following screenshot.
@MeteoraAG 4./Pool Selection
Based on the outlook, I will purchase tokens and use Oneside tokens with a 50% Spot + 50% BidAsk setting. I prefer pools with a low total TVL.
Based on the outlook, I will purchase tokens and use Oneside tokens with a 50% Spot + 50% BidAsk setting. I prefer pools with a low total TVL.
@MeteoraAG 5./Summary
- Only perform DLMM on tokens that have passed the checklist.
- Know the market trend direction, whether it's uptrending, downtrending, or sideways.
- Use Fibonacci to determine ranges and exit points.
- Choose a pool with a low total TVL to get a larger share
- Only perform DLMM on tokens that have passed the checklist.
- Know the market trend direction, whether it's uptrending, downtrending, or sideways.
- Use Fibonacci to determine ranges and exit points.
- Choose a pool with a low total TVL to get a larger share
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