Ethereum / Dollar & Ethereum / BitcoinHi, friends! Welcome on my Ethereum update!
On the 4h chart we can see a breakout of falling wedge (on eth/btc) and triangle (on eth/usd). It mean, that you can put some buy orders in green zone and will wait for a growth!
Happy trading 💋
Stay tuned by Rocket Bomb🚀💣
Rocketbombtrading
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🚀💣
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 🚀💣
NEO still in the bottom! Hello, dear traders!😉
As You know I always focus on NOT overhyped coins!!For me, NEO looks good!😍
Now we will look at NEO vs USD and NEO vs BTC it can help us clearly understand it potential!
In BTC pair Neo still in the bottom, that mean, when it will start moving, NEO vs USD will do the same)
Keep an eye on it!Or make some buying)
Stay tuned by Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣 15.02.2021Hello, dear friends!♥️
I hope you are waiting for my updates, because I'm hurry up to share with You my vision of the future price movement of Bitcoin!
On the left side You can see a very similar rising wedge formed, the exit from which was down according to the rules of technical analysis.
On the right side we can see a current situation and a very similar wedge that is still forming.
We expect a slight rise in the price, and then a correction to the yellow zone at the level of 41 -42 -43 thousand - these levels will be excellent for buying!
The price will continue going up and 50 -51 - 52k will be good levels for taking profits!
As for my short position 😱 from level 38,500 !!!🤦🏼♀️ My life last week is like Russian roulette !!!🤣
When I manage to win in this position, I'll definitely share with your experience, which turned my vacation in Egypt into Hell🤣
Thank You very much, dear Elon Musk!😃
How are You?Miss You much ♥️
Stay with Rocket Bomb 🚀💣
9 Golden Rules of Effective Money Management
1. Choose the correct position size.
The basic rule is one: don't forget to minimize your risk and correctly calculate position size in every deal.
For example, you can invest all initial capital in one trade. But why? After all, you can never be sure, that particular deal is guaranteed to bring profit. Many professionals use the "Rule of 2% " - when in one position a trader risks no more than 2 percent of him deposit. In this case, if the trade is closed at a loss, you'll only lose a small amount of money.
There is also an alternative approach, where the trader risks a fixed amount of money (for example, $ 5), that he would be comfortable with losing.
2. Don't trade too aggressively
One of the biggest mistakes is too aggressively trading . Even a small series of several losses in a row, with an incorrectly selected position size, can lead to a significant decrease in the size of your deposit.
3. Always set Stop Loss
Placing a Stop Loss order for each trade has practically no drawbacks, only advantages. Very often, traders become emotionally attached to their trades, which can be fatal.
For example, if a trade becomes unprofitable, an emotionally involved trader will not want to close it and will believe, that the price can still turn around and go in the right direction. Setting a stop loss helps overcome this problem. Thanks to the stop order, you can strictly control the ratio of profit and risk. You should always follow this rule, so that money management in trading gives you tangible advantages, and the deposit doesn't melt before our eyes.
This is one of the basic principles of risk control. Certainly not the only one.
4. Be careful with leverage
In the cryptocurrency market, many traders use leverage. It can be useful, but using it can also lead to huge losses.
As long as you rationally sizing your position and not using too high leverage, then you are fine, you are safe.
5. Keep your emotions under control
Capital management in the market full of emotions: from excitement and euphoria to fear and frustration. Try to free your mind of emotions - this will help you make rational decisions. The easiest recipe not to lose money is to take control of your emotions. All wrong trading decisions are usually made under the influence of emotions.
6. Take responsibility for your results (both losses and profits)
How to manage capital? First of all, with full awareness and responsibility. Traders must recognize, that their trades can be both profitable and loss-making. Assuming every transaction will be successful you can be wrong. A realistic trader knows that any result is possible and is ready for it, while accepting at the same time what the market will bring to him.
7. Manage your risk and avoid overtrading
A trader should get into the habit of analyzing all types of risks. You should zvoid overtrading, which is often the case for newbies traders , who don't have a plan. With such an approach, the attempt to stick to effective money management in trading often ends in failure.
8. Set the position size and take profit level
It is a key element of money management in trading. Before trading, a trader must determine:
🪄Position size
🪄Stop loss size
🪄Take profit level
9. Cut losses quickly and let profits grow
According to this money management advice, you should close those trades that lead to losses according to your trading system on time and get the most out of winning trades.
Enjoy your trading journey!
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Bitcoin & Rocket Bomb's view 🧐Hello, dear traders! Miss You much! I just have to warn you and say what I think!
I have little time left for Trading View lately!🙁 But I try not to disappear and keep you informed of what is most important IMHO😘
STAY SAFE MY LOVELY FRIENDS!!!!
Falling will be very painful! Exchange lagging again!!!🤦🏼♀️ I'm tired of this!
🔥Now is the best time to find altcoins, that are still in silence !!!🔥
🙏I ask you to avoid news and hype coins - that's a trick so that you would lose money, because the price is pumped up by the news and tweets of influential people, while the big players are already taking profits !!!
I value each of you so much !!! Just be careful! Stay safe💋
FOMO all around here!💋AVOID IT!!!
Stay with Rocket Bomb 🚀💣
ALGO/ USD🔥by Rocket Bomb 🚀💣Hello friends! For a long time, many of You have been interested in this coin - ALGO/USD.
I'll tell you my vision on it.
🔥
I buy coins ONLY at the very bottom. Of course, it's possible, that I can get a second bottom as a gift🤣
But I always avoid coins, that are hyped by news. For me, that's a signal to sell.
As for ALGO/USD, I hold it from 0.29 and have already partially sold it by 0.38 - 0.47 - 0.53!
You can find my latest sell orders in the orange zone on the chart!
AVOID OVERHYPED COINS - for staying safe and profitable!
I try to be useful to you🧡
Always sincerely Yours Rocket Bomb🚀💣
Ethereum / Bitcoin by Rocket Bomb 🚀💣Hello friends!
Altcoin daddy started moving and all alts reached after him
🤣
If Ethereum continue grows, we have a chance to get great profits 🔥
IMHO, Ethereum has potential to grow by 20 - 25 percent, which will also pull up many alts.
I try to be useful to you🧡
Always sincerely Yours Rocket Bomb🚀💣
Litecoin's potential 🚀There is still silence around Litecoin!
While people are trying to focus on already overhyped coins, I still try to find "reliable options" for myself. One of these -
Litecoin !!!
Let's see what happens in the near future!
What do you think? Will we be able to make money?
Stay with me forever♥️
Always sincere with You😊
Your Rocket Bomb🚀💣
Bitcoin by Rocket Bomb🚀💣Hello friends! Bitcoin showed new highs this days. Which means that we are moving on and can come back with short-term trades on trend trading)
Many people care about my Bitcoin short. ❤️ Thanks a lot 💋
I'm still in it🤦, this days was very nervous ,🤬 I had to move my liquidation point urgently))))
Binance didn't work and I become almost gray-haired there 🤣 (Crypto world without manipulation, ya - ya )
You know, this will be a colossal experience for me🤘I ready to fight 🔥
Litecoin and Ethereum continue growing) many altcoins give excellent profits)
Life goes on)🚀🚀🚀
I hope you are doing well and you are completely safe🙏
Now we can find not bad opportunity in trading Bitcoin👇 Take a look at my new chart!
Now the price is forming symmetrical triangle, exit from it can be in any direction 😉
And If You are in deal with correct position - You will stay calm in both scenarios !
1. You can Buy a little now and take profits if the price will exit UP!
2. If the price will go down You can buy at lower level and thereby average your position - it will become optimal😉
3. You need stay calm and patient 💪
AVOID !!!!
1. LONG TERM HOLDING ON BITCOIN. - the price is too expensive
2. Dreaming about 100k of the price
3. High risks
DO IT JUST FOR FUN!
Stay with Rocket Bomb 🚀💣
Litecoin 🔥Hello, my friends! Many of You was waiting for my Litecoin's update! And that's it 😃
Everything goes according to my previous analysis 👇
If You wanna stay calm, fix profits according to this 👆🏼plan!
If You wanna feel more adrenaline stay in up to 250$😉 And If You wanna going crazy stay in up to 300+ but risks will so high!!!That way you'll probably have time to feel many interesting emotions and remember me with a bad word!🤣🤣🤣
That's why I repeat - do not be greedy !!!
And stay tuned by Rocket Bomb🚀💣
Love You❤️
And don't say that I didn't say to buy Litecoin at the very bottom !!! After all, I said 🤣
Ethereum / Dollar and RB plans 😉Wanna share with you my short - term trade on Ethereum and long term plan😊
If You saw my previous charts👇
You know, that I'm in long position up to 1800 - 1900 - 2000! That's my targets to sell! Afterr that I wanna try to open SHORT position for long term 😉
What's are Your view on Ethereum?
Share with me Your thoughts😊
Stay with Rocket Bomb🚀💣
Bitcoin and Rocket Bomb's Advice 😊Hello, friends!! No - no, I didn’t disappear, I was just next to my parents, I needed a rest!
It takes time to understand what will happen next with BTC!
For now, it seems to me, that big players are manipulating the market in order to take profits, and then welcome to the bear market.
It’s a time of complete uncertainty for me.I have fixed my long-term positions and I just wait.
If I see growth prospects, I'll return to short-term trades, but not to long-term ones, that's for sure! The price is too high.
For now nothing to add at all🤣
Thanks for Your attention😊
Stay tuned by Rocket Bomb 🚀💣
Ripple : Buy on rumor, sell by news🔥Hello, friends !!!😊
Again many questions about Ripple, not everyone has calmed down from Doge's pump🤣
Guys, the main question is, WHY EVERYBODY WANNA BUY OVERPUMPED COIN?
It had a cheap price for a long time, no one needed, but +100% - everyone wanted to buy for a long time!
In my opinion, that's not the right approach to trading !!!
You should try to buy when nobody believes in Ripple, when the price is minimal.Always try to advise You such a dips, for example👇
Further, you can see my thoughts on the chart
Thank you for attention💋
Always sincerely with you
Your Rocket Bomb🚀💣
This chart - mirrors a collective consciousness!This chart - mirrors a collective consciousness driven by greed and fear." Will Bitcoin market cycle repeat this time? Guys, tell me ?
Optimism - It all starts with a positive outlook on the market situation, which leads the trader to open a deal. Trade in anticipation of future success.
Excitement - The market begins to move in the predicted direction. The trader anticipates events and hopes that success is ensured.
Thrill - The market continues to move in the direction the trader needs, this is a moment of joyful fading. At this stage, the trader is fully confident in his trading system.
Euphoria - Point of maximum financial risk. Investments turn into quick and easy returns. Trader completely ignores risk.
Anxiety - Oh no, the market is turning around! The first signs of movement appear not in favor of the trader. But he does not notice this and believes that the market will recover and the trend will continue.
Denial - The expected market recovery did not happen. The trader does not accept what is happening and remains in position.
Fear - Reality dictates its own rules, and the trader begins to realize that he is not as smart as he previously thought. Instead of confidence in success, thoughts begin to get confused.
Desperation - At this point, all profits are lost. The trader had a chance to take profits, but he missed it. Not knowing how to proceed further, he is trying to do everything to return at least to the breakeven point.
Panic - The most emotional period. At this stage, the trader feels his ignorance and helplessness and is wholly in the grip of the market. The mind is paralyzed, which sometimes leads to meaningless actions in the market.
Capitulation - The trader has reached the limit of patience and closes the position so as not to increase losses anymore.
Despondency - After exiting the market, the trader no longer has the slightest desire to enter into transactions.
Depression - The trader begins to blame himself for the stupidity of why he did not close the deal on time. Some choose the right path and begin to analyze what went wrong. Real traders are born precisely at this stage, studying past mistakes and drawing conclusions.
Hope - “I can still do it!” In the end, the trader returns to the realization that there really are cycles in the market. He begins to analyze new opportunities.
Relief - At this stage, the trader restores faith in his future in the market and starts trading again.
The stages considered by us well demonstrate how psychology influences trading. 80% of success in the market directly depends on the correct psychological state of the trader.
ETH vs USD will Pump then DumpHello, my quick overview on Ethereum/Dollar.
AS You may noticed, I'm still very bullish towards Eth/Usd
I think this week, what you see on my chart should happen)
The price can give the opportunity to buy at sale price and may drop into the orange zone😉
You can take a look at the RSI and see, that the price touching the lows of 30 - often had a great upside signal!
How valuable this signal is, we'll see soon🤣🤣
I'm just looking for confirmation of my bullish attitude
What do you think? Share your vision in the comments)
Thank you for attention❤️
Always sincere with you😘
Your Rocket Bomb🚀💣
BITCOIN : history repeats itself🚀💣Guys, it was a great flight! 🌕It was incredibly cool! 🔥It's unforgettable!
Let's be realistic, this can't go on forever! Welcome to Earth 🌎
✔️And the closest strong support level is -100$ from the high price. Falling will hurt 😱
Be prepared to make money on a bearish trend, that's also very cool, because successful traders are those, who accept the market as it is, regardless of the news noise and marketing gimmicks! stay free from it!🙏 Because I believe in YOU♥️
📌I would like to remind You, the main axioms of Technical Analysis, that's the basis, that should not be forgotten🙏
1️⃣ Axiom - Movement of the market considers everything
Any factor affecting the price - economical, political, psychological - is already known by market
2️⃣ Axiom - Movement of prices is purposeful
The main task of technical analysis is to determine the direction of price movement for use in trade.
3️⃣ Axiom - History repeats itself
Analysts suggest, that if certain types of analysis worked in the past, then they will work in the future, as this work is based on sustainable human psychology.
Guys, who disagree with me, I ask You to respect my opinion and refrain from insults in the comments.
I appreciate each of you💋
I always sincerely share my vision with You❤️
Yours Rocket Bomb🚀💣
BTC Dominance is falling🤪Hello friends, You may notice that Bitcoin Dominance is falling.
On the chart, I marked the orange zone, which the price touched on each pump, and then went down, which meant the end of the bullish mood.
I would like to remind you my previous chart comparing the same peaks that you see on the Domination chart with the Bitcoin chart of the same time.
What can you say? Any thoughts?
I'm interesting in Your opinion❤️ Let's argue (only respectfully), because the truth is born in a dispute 🙏
Stay safe and profitable🙏🏻
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣