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Samurai mastery of catching the falling knife! XVG
Hello friends,
In This session we gonna have a risky attempt to catch a falling knife!
The first samurai secret of catching the falling knife is that you NEVER wanna catch a falling knife! Samurai is smart! he doesn't risk his portfolio. He waits for confirmations!
Although it depends on your trading style and we have some traders who love risky trades and they are successful, but I'm different. during my experience of trading, I've learned that you should focus on cutting the risk and securing your portfolio more than anything else and after that focus on gains and profits.
I'm a confirmation trader. In my opinion, trading is like a sandwich, it's not about the bread on top or bottom, it's about the meat in the middle. so we don't wanna be greedy and catch the absolute top or bottom. we to get confirmation, be safe and make money in long-term.
Okay, i'm done with this jazz... I'm sure I sound like an old guy, but i'm not i'm pretty young actually. xD but I think this advice can become handy for you later.
Alrighty, back to the business!
This trade idea needs few more days to develop at the moment, but I expect huge gains from XVG soon.
The new partnership of XVG and Pornhub is actually a huge partnership, although people made fun of it and made memes out of it, but porn industry is one of the most profitable and huge entertainment industries.
This partnership adds intrinsic value to this coin and also gonna have a good use case for a privacy coin. They also gonna have a new announcement soon.
Another interesting thing to consider is, both XVG and TRX attracts the same type of market customers psychologically duo to their similar price and supply limits. last time when the XVG run dumped, TRX pumped. It showed me the money flow between this two coins. If you follow my TRX post, you already know that TRX has pumped already, it has some more room to go but soon it's doomed to a correction and I expect the money flow to come back from TRX to XVG and start the 2nd impulsive wave in XVG.
I'll update this post later when we get there, good luck trading!
In This session we gonna have a risky attempt to catch a falling knife!
The first samurai secret of catching the falling knife is that you NEVER wanna catch a falling knife! Samurai is smart! he doesn't risk his portfolio. He waits for confirmations!
Although it depends on your trading style and we have some traders who love risky trades and they are successful, but I'm different. during my experience of trading, I've learned that you should focus on cutting the risk and securing your portfolio more than anything else and after that focus on gains and profits.
I'm a confirmation trader. In my opinion, trading is like a sandwich, it's not about the bread on top or bottom, it's about the meat in the middle. so we don't wanna be greedy and catch the absolute top or bottom. we to get confirmation, be safe and make money in long-term.
Okay, i'm done with this jazz... I'm sure I sound like an old guy, but i'm not i'm pretty young actually. xD but I think this advice can become handy for you later.
Alrighty, back to the business!
This trade idea needs few more days to develop at the moment, but I expect huge gains from XVG soon.
The new partnership of XVG and Pornhub is actually a huge partnership, although people made fun of it and made memes out of it, but porn industry is one of the most profitable and huge entertainment industries.
This partnership adds intrinsic value to this coin and also gonna have a good use case for a privacy coin. They also gonna have a new announcement soon.
Another interesting thing to consider is, both XVG and TRX attracts the same type of market customers psychologically duo to their similar price and supply limits. last time when the XVG run dumped, TRX pumped. It showed me the money flow between this two coins. If you follow my TRX post, you already know that TRX has pumped already, it has some more room to go but soon it's doomed to a correction and I expect the money flow to come back from TRX to XVG and start the 2nd impulsive wave in XVG.
I'll update this post later when we get there, good luck trading!
Nota
Nota
alright, we bounce from the golden ratio and closed the past 3 days candles as a bullish pattern. we gonna look closer to it later.Nota
Nota
wait 1 more day :P!Nota
Nota
well it took 2 days not one-day sorry :Swe don't wanna buy into it, we have to wait for it to create a base or a continuation pattern. before we buy it.
Nota
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remember I told you about the XVG TRX opposite relation? :)see trx topped off and is selling while xvg is pumping.
I was expecting trx to dump yesterday but it went higher than my target for a day, based on pure fomo not technicals, technically it had to drop yesterday.
Nota
;) know your market that's the key, market cycles and your market.Nota
I didn't update this post cause it hasn't given me any good setup yet.i don't want anyone to get rekt here xd
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.