I don鈥檛 want to blow my horns by saying I鈥檓 getting good at this thing, but I鈥檓 actually getting good at this thing.
For example. Hive, like the rest of the market has been on downtrend for a while now, this is Hives 7 day chart below. As at last night, I could swear that we were expecting a further drop to $1.15 from $1.3 levels only to wake up this morning to see it at $1.16. Now after this drop to this level, we can watch out for a little recovery and another dump right after.
The above quote is from yesterday鈥檚 post, and the chart below is Hive鈥檚 present market action.
The price bounced from $1.13 to $1.18 for a bit, and it鈥檚 back to $1.13 levels. I made a buy at $1.13 and sold at $1.18. If I buy back now, at 0.13, I鈥檝e earned myself a few extra Hive, if I follow this pattern, I could very much increase the quantity of Hive I started this trade with over the next couple of weeks.
But I think there was a bit of luck to this, I actually expected a stronger recovery to the upside, but it hardly even crossed $1.2, I鈥檓 not exactly sure why I sold at $1.18 instead of waiting for something higher but it worked. Luck. One thing I鈥檒l like to note is that next support like is $1.0. The first time it touches $1 or goes below signals a buy and any move above $1.18 signals sell.
This is not a trading advice, I鈥檓 basically experimenting with only little amount of Hive, however, if there are lessons to learn that will positively impact my noob trading skill, then I鈥檒l take it.
Splinterlands
I finally got an airdrop card from the revealed airdrop cards today. It wasn鈥檛 a gold foil legendary though, it was normal foil legendary but I鈥檒l take it. To think I鈥檝e gotten only about 50 packs yet, bagging this airdrop was an extremely slim chance I never expected.
It鈥檚 a huge monster. I鈥檓 not much of a fan of monsters with so much mana, I prefer tiny but lethal monsters like the Feral Spirit with a mana of 3 but very lethal. This one has 11 mana. It is a perfect suit for battles with high mana, unfortunately, those type of battles don鈥檛 come too often.
This card gets even more lethal when it鈥檚 maxed out, and fortunately it doesn鈥檛 take so much of it to max it out, just 11. Any smart owner should max theirs, I plan to max mine in the nearest future.
Speaking of Splinterlands cards airdrop, we still have 8 more to go, I鈥檓 hoping for a legendary gold before the airdrops are over. So help me Splintergods. I鈥檓 waiting for one of my plans to come to fruition before I take a plunge into the market to load up on packs. At the moment I have 25 packs unopened. I鈥檓 still inbetween holding and opening. I鈥檓 super tempted to open though. Let鈥檚 see how long I can keep my hands from opening.
Thanks for reading
Cheers.