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INTRODUCTION

Newly joined Puss Coin traders often face a difficult decision on when to buy and sell. This usually leads to impulsive decisions causing unnecessary losses over time. Swing trading fixes this concern by not concentrating on short-term fluctuations but rather brings that kind of trading to the medium run. Furthermore, prices, movements captured can signal entry or exit points, boosting a trader's likelihood to make profitable trading decisions.

Swing trading is even better as one gets an opportunity to escape watching the market all day but still enjoy the swings in Puss Coin prices. Holds positions for a few days or weeks, such that minor price fluctuations will be really small, but large trends can be capitalized on. This cuts stress, lessens emotional decision-making, and provides a very systematic way to deal with the crypto market.

To learn how to swing trade well, one must know the major pillars like support and resistance, trend analysis, and other market indicators. Puss Coin traders can leverage moving averages, RSI, and MACD, among others, to identify points at which to enter or exit trades. If beginners sincerely follow the discipline and develop a trading plan, they will improve their skills and be better placed to achieve long-term success in the market.

• NEWS AND MARKET SENTIMENT AFFECT TARZAN SWING TRADING

The news and the market’s prevailing sentiment go a long way in affecting how Puss Coin prices are set. For a piece of positive news, it creates an interest for buying; for a negative event, well, that can trigger panic among traders. So, everyone really has to keep themselves updated with the latest happenings in and around crypto.

And since social media has become one of the fastest sources of news spreading, there's an active participation of the influencers and almost everything that happens among regulators that can affect the later development of market sentiment. A single tweet, a news report, or something similar can suddenly change these investor emotions. Thus, really being able to understand these shifts puts traders at a strategic vantage point in predicting market movements to act based on the right information.

Effective trading of Puss Coin requires observing news sites, public community discussions, and following technical indicators. This helps in the efficient application of sentiment analysis with chart patterns for more exact entry and exit points and minimizing unexpected losses during market turns.

• USING FIBONACCI RETRACEMENTS

Fibonacci retracements help traders to be able to spot places where reversals are likely to occur concerning a movement in price in Puss Coin. Plotting the important Fibonacci levels, one can easily determine the likely support and resistance levels where price could bifurcate.

Then the trader waits for the levels-23.6%, 38.2%, 50%, and 61.8%-which are commonly used by many to enter or exit a trade. In general, when Puss Coin's price retracts to the Fibonacci levels, this is regarded as a good buying or selling opportunity.

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Combining Fibonacci retracements with other indicators like RSI or MACD brings more precision. However, in trading, one should avoid placing all his bets on Fibonacci, but rather use it alongside trend lines, volume analysis, and market sentiment in making better trading decisions.

• BACKTESTING SWING TRADING METHODS

Backtesting is where a trading strategy is tested with historical Puss Coin price data to see if it could have been profitable in the past. It enables the practical trader to learn a new swing trading method and apply the theory before putting real cash at risk in a moving market.

These past price movements can be analyzed in an effort to find patterns, successful rates, and deficiencies of the strategy. A better-tested strategy has confidence and contains emotions when trading decisions are made.

It permits the traders within the historical data provided through trading platforms to test different combinations of indicators, stop loss levels, and entry points. The focus should be on finding a strategy that is reliable in different market conditions before applying it to reality.

• CREATE A CONS SWING TRADING STRATEGY

This is the kind of plan that would allow agents to approach the market with discipline and confidence. The complete strategy would have an outline having entry and exit rules along with risk management techniques and guidelines to modify a trade based on the prevailing market conditions.

The specific goal and risk profile for that trader are also important parts of setting the stage for long-term success. Those goals may include maximum loss per trade, profit goals, and a method of measuring that performance to better refine their strategy in the long term.

A trader needs to rely on maintaining a trading diary that tracks past, and current trades, especially mistakes and improvement attempts made. It may be reviewed regularly to give a trader insight into what has worked best and find ways of modifying initial systems to help in swing trading appropriately and profitably.

CONCLUSION

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By integrating strategy, discipline, and market awareness, any trader using the Puss Coin will surely profit. Scrutinizing news sentiment, utilizing Fibonacci retracements while backtesting methods and organizing a cool trading strategy all will result in substantial returns. A holistic approach, where both technical and fundamental analyses will take place, will give better decision making and thus long-term benefits in the volatile arena of cryptocurrency trading.