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KAVA / USD & KAVA / BTC 😉Hello, let's look at KAVA! For me looks promising 😉 Let's start from KAVA / USD! Take a look at daily chart! We'll see, that symmetrical triangle was broken upward and the price can rise up to 7,90 - 8,90! For clearer understanding, need to check KAVA/BTC, let's take a look We can see, that main long down trend was broken and the price rising! That's give us an opportunity for next growth! Levels for buying and take profits area You can find on both charts! Hope it will be useful for You😊 Happy trading♥️ Stay tuned buy Rocket Bomb 🚀💣
BINANCE:KAVAUSDLong
by RocketBomb
5
Daddy of alts - ETH/BTC 😉Hello, dear traders! Everyone wanna know << When will altcoins starts actively moving again?>> For clear understanding, it's important to analyze the Ethereum vs Bitcoin chart!💡 Let's take a look at the daily chart and add an MA indicator, that will allow us to get bullish and bearish signals! Recently I made a tutorial post on the example of Bitcoin, who have not seen, here it is👇 What do we have at the moment? We expect the lines to cross, which will give us a bearish signal (more likely, it will be a good buying opportunity), and then we waiting a bullish signal, which will most likely give us the opportunity to see the price at the top of the symmetrical triangle (which is highlighted inside the orange Wedge) This rise will trigger the rise of many other altcoins! I hope you were interested😉 Don't forget to subscribe😊 And stay with me forever♥️ Always sincere with You Rocket Bomb🚀💣
by RocketBomb
20
Interesting fractals of Litecoin 🔎Hello, dear traders and bottom catchers 🤫 One more LTC chart of mine 😆 And YES, Litecoin still not moving jet 🤣🤣🤣 But I continue holding it making up [date for You😘 This time You can see all history of price movement of Litecoin in USD and in BTC. And try to notice some fractals before pumping )))) Don't forget to put like and write me comment, that way I'll feel Your supporting and you like my ideas! And stay tuned by Rocket Bomb 🚀💣 My previous LTC update 👇
Long
by RocketBomb
25
Tesla bought Bitcoins at 32k: Truth or Joke?🧐Hello dear friends! This post is informational only. In it, I try to compare correlation of the price movement of Tesla with the price movement of Bitcoin and Doge! Why Bitcoin? - Understandable, because recently we saw news <>, which caused a significant increase in price of Bitcoin. I communicate with many traders and newbies and many of them believe, that Testa bought Bitcoins at exactly 32k and now Bitcoin has reliable support from Elon Musk. Is it so or not? Let's think about it. Now pay attention to the chart. Let's take a look at the price movement of Tesla (black line) and Bitcoin (blue line). For the first time, a correlation between price movements has been observed since June 2019 (then Bitcoin cost 4k) and it lasts exactly until moment when the news about <> comes out. Coincidence? - I don't think so😉 On the chart, you also can observe the following important correlation points, which prove that Tesla bought Bitcoins at a very reasonable price😏 What is Doge doing on my chart, you may ask? Pay attention on Doge's pump in July 2020 and what happened with Tesla that time! Guys, of course, this is not a direct relationship! This is a POSSIBLE influence! Believe in it or not, it's up to you! I hope it was interesting for You, would be glad to see Your feedback😊 Do you really still believe, that Tesla bought Bitcoins at 32k? Or it sold at 32k? Thanks for attention😍 Always sincerely with you♥️ Your Rocket Bomb🚀💣
BITSTAMP:BTCUSD
by RocketBomb
42
XTZ / BTC & XTZ / USD by Rocket BombHello, dear friends!💋 Today I have plans to show you some promising coins IMHO in medium-term for making good profit! In my opinion, xtz - looks promising, and this coin is not on high (for a more honest review, you should definitely look at altcoin to dollar and altcoin to bitcoin, they are connected)📌 🔥On the chart, you can find buy zones for both pairs. In order to get the optimal buying price, split your buy orders - it will make it easier for you to stay calm if the price go lower, and you will catch it there, and not worry at all😊 I'm so glad to see your feedback ♥ ️ Always sincere with You😘 Your Rocket Bomb🚀💣
Long
by RocketBomb
13
⭐ PSYCHOLOGY of TILT⭐ ⭐ LOSING TILT ⭐Hi, My friends! Let's go Forward to knowledge💪🏻Today i made psychological EDU post for You😊 Psychology of Tilt: Losing Tilt Reaction 1. The desire to recoup with increased risk It's difficult to find a market player, who has never had a strong desire to recoup and didn't go on rash actions because of this. When we using the term "tilt" most often we mean precisely this reaction. We can say, that it's the main variety of tilt. And that was given the greatest attention in scientific research, including the desire to recoup is the basis of pathological gambling. Among the factors contributing to the emergence of the desire to recoup can be identified: 📌- Dispersion of the game 📌- Bet size 📌- game speed 📌- Frequency "near misses" The last factor needs clarification. “Near Missing” (near misses) is the outcome of a bet in which the player was defeated, but was close to winning. “Near misses” are less pleasant for a person, than losing without a chance of winning, but at the same time cause a desire to continue the game. 1. Explanation through the theory of perspectives According to this theory, the function of the subjective value of wins and losses has a specific form, and after losing a person falls into that area of the function, which is characterized by a desire for risk. This is easier to show on the chart. Suppose, after losing, the player gets to point A. Due to the features of the left side of the function, any further loss (further movement to the left side) will have less subjective significance for it than a gain (reverse movement to the right side) of the same size. And since potential gains become more significant than potential losses, the desire for risk increases. This function of subjective value is an empirically established pattern. Features of the perception of losses and wins are also characteristic of a person's perception of other phenomena. In other words, a person’s perception of gains and losses in the manner described by them is simply a property of the human psyche. Thus, the desire for risk after losses caused by such a perception is also simply a certain basic characteristic of a person. 2. Explanation through a player error. Player error is a common misconception in understanding random events. A person who is prone to this error believes that the more often a random event occurred in the past, the less likely it will happen in the future and vice versa. This mistake is based on the belief that random manism should not generate extended series of the same type. Due to this mistake, the player after a series of failures will consider that the probability of his future wins has increased and as a result will continue the game with special persistence. It is difficult to argue that the player’s mistake contributes to the desire to recoup with an increased risk. 3. Explanation through the threat of "I". The emerging threat of "I" causes various protective reactions. One of these defensive reactions is the desire to recoup with increased risk: quickly returning the lost money, the player will retain the idea of himself as a fairly strong plus player. It is also worth considering that the threat of “I” is a well-known trigger of anger. And anger mobilizes a person’s energy, instills in him a feeling of confidence and strength, and prepares for an attack. Summing up the consideration of various approaches to explaining the desire to recoup with an increased risk, it is worth noting that these approaches are not mutually exclusive. They rather complement each other. In other words, most people may indeed have some basic tendency to increase risk after losing, which is reinforced by the player’s mistake and perceiving the loss as a threat to “I”. Reaction 2. A sharp risk reduction Not all players are characterized by an increase in risk after a significant loss. Having suffered serious losses, some traders can continue trading, but use only the most reliable strategies, Speaking about the desire to recoup, they almost always assume that this desire is associated with increased risk. However, it is important to understand that lowering the risk does not necessarily mean a complete rejection of attempts to recoup. A reason for avoiding risk after a defeat may be a hot hand fallacy error. A “hot hand” error is another misconception in understanding random events. The essence of the error lies in the fact that after observing a long series of events of the same type, people cease to believe in random outcomes and predict that a series of events of the same type will continue. As a result of this mistake, a player after a series of defeats may begin to think that under the circumstances, his chances of winning are objectively underestimated (“they started a twist against me”) and make a logical decision about the need to reduce the risk. I hope you enjoyed my post. I tried hard for you💋 Stay with me😉 Love you♥️ Your Rocket Bomb🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
18
Have You ever dreamed to become a popular trader?😊Hello, Have You ever wanted to become a popular trader? Have you ever wanted to become famous like Jesse Livermore or, say, Larry Williams? Or do you think that success loves silence? Scientists have calculated that, to one degree or another, 70% of people dream of fame (at least sometimes). That's, by the way, is a natural part of socialization. Here is what the famous American sociopsychologist Orville Gilbert Brim, who studied the nature of fame and ambition, received: 📌 2% of people dream of becoming a celebrity is their main life ambition; 📌In another 30%, the desire for fame is among the main desires; 📌 for more than 40%, the idea of becoming famous appears from time to time; 📌And only the rest (which is less than 30%) do not care about fame. So if we take three traders, then two of them will dream of becoming the "powerful trader" about whom will make legends. Is it good or bad? 🧐 Evolutionarily, the desire for broad personal fame is a socio-psychological mechanism aimed at improving the human race. Great people drive progress, and society rewards them with emotional benefits - reverence, worship, etc. In theory, everything should be cool. In reality, the pursuit of fame can take various forms: 🔎constructive ambition; 🔎non-constructive vanity; 🔎various pathologies. For example, if you wanna be one of the famous millionaire traders, ambition can be a good motivating fuel and will help you grow professionally. But the lust for fame can also ruin a trading career. The problem is, that you can't become a famous trader right off the bat. Let's be frank: worldwide fame is for few. Even in order to gain professional recognition in a narrow circle, you have to work hard. And then the subconscious begins to throw in options, insidiously whispering: "It's okay, that you lost three deposits, took five credits for trading and lose 11 times out of 10. Start a YouTube channel and tell everyone how cool you are!"😉 There is no benefit from such activities. Success is doubtful, and in the worst case, you can even earn the fame of a bla-bla man and be known as an unwise person. But even this is not the most harmful thing. The main problem is that the pursuit of fame is a waste of time and effort. 🔥 A trader chasing emotional illusions ultimately reduces his chances of becoming a professional and gaining real recognition. 🔥 The desire for fame corresponds to the fourth stage of Maslow's pyramid - this is one of the forms of the need for respect / reverence. I already made a post on this topic, I'll leave a link for those who have not seen👇 But it happens that the thirst for fame grows out of completely different needs. Such pathologies include: 🔎Lack of love, which a person tries to compensate with popularity. 🔎The conviction that fame will solve all existing financial, household, social problems. 🔎 Feelings of inferiority. 🔎 Revenge arising from feelings of inferiority. 🔎Envy. In all these cases, there is a substitution of pathological adequate ambitions in life. And the pursuit of fame in an attempt to satiate jealousy, raise self-esteem, etc., takes away resources that could be used to achieve really important goals. 🙏 "I was just doing my job" 🙏 Real recognition comes when a person is on the seventh step of Maslow's pyramid, symbolizing the need for self-actualization. Simply put, is engaged in life's work. One beats, beats to achieve fame, while the other just works quietly, creates, does something there - and recive glory on a silver platter. Although he may not have expected it at all. In general, everything is simple: do the job, and the rest will follow. By the way, psychologists warn that if the desire for fame becomes the leading motive of activity, then it's - "blocks creativity and destroys personality." This doesn't mean, that you are forbidden to dream about how you will become a famous trader. But this dream should not be the main one, or only one. By the way, how can a trader become famous? From whom take an example? After all, the paths of glory are so different. For example, you can gain fame: 🔥demonstrating inspiring examples of the play of the mind and the ability to rise after defeat, like Jesse Livermore 🔥revolutionizing stock trading like Charles Doe and Edward Jones; 🔥breaking stereotypes, like Linda Raschke, who became one of the first tough women traders; 🔥becoming a champion in trading and writing a bunch of books like Larry Williams; 🔥deceiving Hitler and becoming one of the main figures in CME history like Leo Melamed ... 🔥And some are overtaken by the glory of Herostratus - like, for example, Nick Leeson, who in one fell swoop swung over a billion and ruined Barings Bank, which entrusted him with money management. I wish each of You - happiness to do something, that really brings You joy, because: SUCCESS IS NOT THE KEY TO HAPPINESS, HAPPINESS IS THE KEY TO SUCCESS! If you love what you do, you will be successful! Always keep it in Your mind and don't forget about Rocket Bomb 🚀💣 💙💛
BITSTAMP:BTCUSDEducation
by RocketBomb
16
Bitcoin & Rocket Bomb's view 🧐Hello, dear traders! I think all of Us tired of this correction 🤪 Let's see a little history of BTC from Dec and try to drew some conclusions! From December BTC raised up to 200% . First correction we saw after 117% growth and it was 29% after that we also saw growth up to 82%. Next correction (we are still here) already 27%. During both correction the price formed falling wedges - the exit from it - UP according to TA rules . I think, that soon we'll be able to see the end of correction and the price will slowly go up! Did You agree with me or You have another opinion? Share with me in the comments Stay tuned by Rocket Bomb 🚀💣 My previous chart 👇
BITSTAMP:BTCUSDLong
by RocketBomb
32
Bitcoin: Up or down?Hello, traders!Who interesting in Bitcoin next price movement, let's look at daily chart! We can see that this time we also forming an ascending triangle. These patterns of technical analysis are distinguished by some “deceit”, be careful working with them❗ That's because during their formation it's rather difficult to unambiguously determine in which direction the price impulse will follow - up or down.🤷🏻‍♀️ Great importance ❗is what trend preceding the pattern formation. So,🔥 if the ascending triangle was preceded by a bullish trend, then the trend will most likely not change its direction. The most probable scenario of the price movement after completion of the formation of the Ascending Triangle - is going UP. Going DOWN- less likely scenario, but shouldn't be ruled out. Thus, in most cases, the “Rising Triangle” is seen by traders as a bullish pattern. The appearance of this figure usually indicates consolidation (which good for alts growth ) before the resumption of the upward movement.❗ MACD. Usually, a Buy signal is considered when the MACD line (blue line in the figure) crosses the signal line (red line) upwards. A Sell signal is considered when the MACD line crosses the signal line from top to bottom. I hope, my chart was helpful for You ♥️ Thank You for supporting! Appreciate each of You😊 💋 Stay tuned by Rocket Bomb 🚀💣
BITSTAMP:BTCUSD
by RocketBomb
38
Using MA on BTC's example!Hi! Moving averages are one of the most popular technical indicators. They have various types, but they have one purpose - to determine the current trend by smoothing out volatility and noise. Let's look how MA works on price movement of BTC! The crossing of the slow MA by the fast one from bottom upwards gives a signal to buy, from top to bottom - to sell - The simplest form of a moving average is known as a simple moving average (SMA). It is found by calculating the arithmetic average prices for a certain period of time; - Exponential Moving Average (EMA) assigns more weight to the latest data, which is why it is more preferable; - The main functions of moving averages include identifying trends and pivots, as well as support and resistance levels; - Moving average can be a risk management tool. Thanks to it, you can set a stop loss and cut a losing position; - The most popular moving average signals are their intersection with the price or their intersection with each other; - Crossing of the moving average price upwards gives a signal to buy, downwards - to sell; - Moving average signals can be false when pairs are trading in flat or when a gap forms; - Moving averages should be combined with various indicators and oscillators. So their signals will be more accurate, which will lead to the opening of profitable positions. Hope My post was helpful for You♥️ Stay tuned by Rocket Bomb 🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
14
ETH/BTCHello! MacD indicator shows a good buy signal on ETH / BTC! Usually, a Buy signal is considered when the MACD line (blue line in the figure) crosses the signal line (red line) upwards. A Sell signal is considered when the MACD line crosses the signal line from top to bottom. The larger the timeframe (the time period of one chart element), the less false signals will be. Thanks for attention🧡 I will be glad to be helpful to You💋 Stay connected🤗 Your Rocket Bomb🚀💣
Long
by RocketBomb
8
Ethereum / Dollar 💥on daily chart 🚀💣Hello dear Ethereum holders and fans of Ethereum!♥️ Wanna share with You my view on near future of ETH Let's look at daily chart 👇 we can see a divergence (this type of divergence happens often and not works often). More about types of divergence You can read here 👇 As for MacD, it shows a sell signal ( the MACD line crosses the signal line from top to bottom). Time will tell us soon is it were wrong or right! Happy to share with You my thoughts♥️ Stay tuned by Rocket Bomb 🚀💣 My previous posts on ETH
BITSTAMP:ETHUSD
by RocketBomb
8
Little history of BTC vs LTC🚀Hello, dear traders! Let's still see a little history! Let's compare the bull run of 2017 using the Bitcoin vs Litecoin as an example! You may notice, that during the growth of BTC, Litecoin was very quiet, and didn't attract trader's attention! BUT on the last correction of Bitcoin (you can see the correction of Bitcoin on the left of the chart), it rised by 266% in a couple of days (growth of Litecoin - on the right side of the chart )! What conclusion can be drawn? Any altcoin needs to be analyzed by looking at its full history and both pairs to Bitcoin and to Dollar (LTC / USD and LTC / BTC) and don't panic at the correction of Bitcoin! Stay calm and safe🙏 And of course stay with me💋 Sincerely Yours Rocket Bomb🚀💣
COINBASE:LTCUSD
by RocketBomb
33
😱Types of Fears in Trading😱Hello! There are several types of fears at the market! There are several main types of fear: 💡- fear of losing all capital in the account. One of the most common fears. The trader clearly understands that the numbers in the terminal are his money, and their reduction limits his financial capabilities in the future. Under fear of losing an even larger sum, a market participant does even more stupid things or even refuses to trade; 💡- fear of losing money in a losing position. Similar concerns arise during the transaction period under the influence of strong market volatility . This kind of fear is easily correctable; 💡- fear in time not to see a signal to enter or exit the market. More often it's faced by newcomers, who will not imagine what risks are in the trader’s deals and how to protect themselves from them; 💡- general fear of working on the market. It can act as a negative background and prevent you from making the right decision. Often, such fears are eliminated by gaining certain knowledge and experience on the exchange; 💡- fear of receiving another disadvantageous deal. Such fear leads to the appearance of excess fuss. As a result, the trader misses a really good deal; 💡- fear of early fixation of income (fear of loss profit). The position could still be kept open, but the trader reduces his risks, closes the deal and receives less profit. For many market participants, the fear of making such a “mistake” is even stronger than the fear of losing trades. Guys, it's ok to feel all types of fears ! Especially for those , who new at the market ! Everyone went through that. Someone overcame own fears, someone is trying to overcome, but someone hasn't gotten along with emotions and left the market! Remember, if you have a goal - go forward!💪🏻 Look only ahead and listen only yourself !🙏🏻 If you wanna become successful - you'll surely become that!!!🚀🚀🚀 Let's become better together ♥️ Stay tuned by Rocket Bomb 🚀💣
BITSTAMP:BTCUSDEducation
by RocketBomb
24
Maybe it's time to get out of comfort zone?🧐 Have you noticed, that one of the most comfortable sleeping positions is curled up in a ball. The legs are pulled up to the stomach, the head is lowered, the arms are hidden on the chest, the back is slightly arched. Cover yourself with a blanket and sleep. Warm, dark and calm. A sense of safety arises. And the secret of this protective posture is in subconscious imitation of the fetus in the mother's womb. There, in the warmth of the mother's womb, is the first comfort zone, that a person leaves when he is born. Subconscious memories of how comfortable, calm and good it was, remain with us for life. If you wanna live, you have to be born. For a baby, this jerk is extremely uncomfortable. You find yourself in a cold and unfamiliar place, and some monster slaps on your 🌰🌰 🤣🤣 After a while you want to eat and drink, and you have to do it yourself, and everything around is so huge, loud...really don't wanna repeat that. Therefore, subconsciously, we always resist leaving our comfort zone. The experience has already been. Didn't like it! But the stress mechanism, that is triggered during childbirth (and then every time you leave your comfort zone) is a protective function of the body. Stress activates the reserves of the body and brain, forces us to act more actively, to fight the aggressive world. However, nature also took care of the reward. If stress doesn't become constant, but is a one-time surge, that activates forces, relaxation and satisfaction follow. So, we figured out the physiology of the comfort zone. Why going beyond it guarantees stress is understandable. Now the question is: <> The birth of a trader In fact, everything new, unknown and unusual is outside the comfort zone. Even if we go to the store in a new way - that's a mini-stress for our brain, forced to work out a different route instead of saving resources while the body is moving on autopilot. Any change of scenery, new job means going beyond the familiar world. And the higher the unknown, the more uncomfortable the path. For most people, trading is terra incognita. Trading isn't taught at school, it's not taught at universities. Trading forces you to take responsibility. Most importantly, trading is always associated with risk. Risk is danger and uncertainty, and the brain reacts accordingly. He begins to ask insistently: "Do you really need this? No, are you sure?" Leaving the comfort zone and becoming a trader is also hindered by social stereotypes. First, society reacts negatively to any attempts to break the system, that is, to do something that goes beyond the standard life path: creativity, politics, business. Secondly, trading is one of the areas, that make most people wary (and statistics, according to which only 5% of traders achieve success, reinforce this feeling). So if you want to become a trader, you are already challenging society. That's why the birth of a trader so often becomes a struggle with the usual way of life, basic attitudes, other people's opinions and yourself. What happens, when you become a trader ? Think your comfort zone problems will end? Nothing like this. Two ambushes await the trader. The first is the inability to cope with responsibility for your life. The second ambush is stagnation. After overcoming difficulties, learning to trade and starting to receive a stable profit, the trader finds himself ... Right, in a new comfort zone! After all, what is it? The comfort zone is above all stability. But the calmness puts you to sleep. Periods of economic stability in history often turn into a stage of stagnation and stagnation. The same in human life. Psychologists Robert M. Yerkes and John D. Dodson established as early as 1908 that performance doesn't improve in a state of comfort. Motivation falls asleep. In order to become a successful trader, it is not enough to leave your comfort zone. You may have to struggle with its attraction more than once. Therefore, leaving your comfort zone, take care of your psyche: ✔️Pump up motivation. Be clear about why you are breaking the wall and whether you need it. ✔️Work through your fears so that the body does not engage in self-sabotage mode. ✔️Develop resistance to stress and brain flexibility. Choose non-standard routes more often - in the broadest sense of the word. ✔️Take care of insurance, think over different scenarios for the development of the situation. If you feel that getting out of your comfort zone is difficult for you, do not take a running ram. Take small steps. Have you ever tried to leave your comfort zone? Stay tuned by Rocket Bomb🚀 💣
BITSTAMP:BTCUSDEducation
by RocketBomb
19
Bitcoin in fractals 🧿Hello, dear friends! This post is simply informative! I know, that many people are very skeptical about fractals, so I try not to post them often, but I just have to share with you how this one works perfectly! I noticed it long time ago, but I didn't believe, that it could happen again! So let's take a look at the chart below! You can see the previous correction on the left side and the current correction on the right side. I just took the shadow of the price movement from previous correction and put it on the chart of the current one ! The same thing happened! I just couldn't believe my eyes! Then I took the next fragment of the price movement (fractal) - and the same thing happened! Will the fractal continue to work? We'll see soon! On the main chart, I have drawn the approximate direction of the price of Bitcoin for the next week!It will be very interesting to follow! My previous chart👇 Stay with Rocket Bomb 🚀💣
BITSTAMP:BTCUSD
by RocketBomb
25