XVGBTC, as I have expected and mentioned in previous analyses, would take a dive on the 17th of April. This money will begin moving into TRX. This will conveniently align with the waiting period leading to the Main Net launch for TRX, which will be on the 31st of May. We have roughly 44 days to enjoy this bullish momentum, and I will be sure to keep you guys in the loop about trading moves in the meantime.
For now, here is our first move:
1) If we form a bull flag pole here in the coming hours, set your sell target to around 815 satoshis. Upon reaching each successive fibonacci point, set a stop loss to secure profits. My advice would be 2-4% below, depending on your desired level of risk.
OR
2) If the rise up is rather slow, then your first profit taking point will be around 611 satoshis. I will expect pullback from there if this rally isn't explosive.
I will happily be providing you guys an analysis for the span of the bull run. For those of you interested in only holding mid term without any intraday trading- expect to take profits around 1380 satoshis. I believe we will be going higher than that, but we won't do so without experiencing some pull back. There is potential to make 3 to 4 times your money from this current price of 534 satoshis by the end of May!
Remember to trade safely, and take some recently newfound advice from me- don't sweat every bit of profit. Making 5% in a day isn't worth missing out on 100% in a week. Take some time to step back and breathe, and think of things from a logical perspective. If you have any questions, message me!
For now, here is our first move:
1) If we form a bull flag pole here in the coming hours, set your sell target to around 815 satoshis. Upon reaching each successive fibonacci point, set a stop loss to secure profits. My advice would be 2-4% below, depending on your desired level of risk.
OR
2) If the rise up is rather slow, then your first profit taking point will be around 611 satoshis. I will expect pullback from there if this rally isn't explosive.
I will happily be providing you guys an analysis for the span of the bull run. For those of you interested in only holding mid term without any intraday trading- expect to take profits around 1380 satoshis. I believe we will be going higher than that, but we won't do so without experiencing some pull back. There is potential to make 3 to 4 times your money from this current price of 534 satoshis by the end of May!
Remember to trade safely, and take some recently newfound advice from me- don't sweat every bit of profit. Making 5% in a day isn't worth missing out on 100% in a week. Take some time to step back and breathe, and think of things from a logical perspective. If you have any questions, message me!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.