Bitcoin: how You can analyze the price?Hello! If You interesting in Bitcoin update, here it is 😉
On this chart I wanna share some opportunities for analyzing charts! It's always great to apply multiple methods in your trading strategy.
For example, You can use patterns + indicators (like U can see on my chart)!
Some patterns and how to use them. My EDU post 👇(click on the picture for reading more )
If You will have any questions , write me in the comments
And stay tuned by Rocket Bomb 🚀💣
Rocketbombbitcoin
Bitcoin & Rocket Bomb's advice ♥️Hello! That's my last update for today on BTC!
Hope You'll like it!
If You wanna know more about how to use MA, read my previous EDU post, I'll leave link below!
It's simple scheme, but it works good! If You wanna add something to your trading strategy, try this)
And stay tuned by Rocket Bomb 🚀💣
BTW, check out my todays Bitcoin update on daily chart 👇
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🚀💣
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 👇
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 🚀💣
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 🚀💣
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 🚀💣
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 🚀💣
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 🚀💣
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.
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🚀💣
BTC/USD : in 2021 - 2019 - 2018 by 🚀💣Guy's that's continuation of my post today👇
Look carefully, what I have prepared for You!♥️
That's a comparison of Bitcoin movement in 2021, 2019, 2018, respectively.
Let's take a look at the different options. What we can expect from this?
1. Looking at 2019, we can wait for a slight upward pullback when exiting the triangle (and the triangle will most likely be expanded. That's, the price can go down, thereby continuing to form a pattern)
2. Looking at 2018 after the breakdown of the extended triangle, we will simply go lower and lower and can lose in price from 50 to 70 percent
3. Option (it's very optimistic, but can be real.) We can break the extended triangle upwards and reach the 60+ level. It would be different from previous years.
Remember, that we need to follow the price further, the situation will become clearer. That's how I see it at the moment.♥️
Stay with me ♥️
Your Rocket Bomb🚀💣
BITCOIN : buy on rumours sell on news🙏Hi, Guys, if you noticed, there is a lot of good news about Bitcoin today!🤦🏼♀️
📌I can tell You from my past experience, that's a bad sign for huge growth.
Now I'll express my opinion, 🙏 a request to those who like to argue, <>🙏
The price is now artificially pumping (so that big market players can sell profitably. During the altcoin season, we'll be able to see similar pumps and dumps several times).
I propose to switch to altcoins, which are still in a deep bottom, and buy them for a long time, because this can bring much more profit than Bitcoin, the price of which is unlikely to rise much.
I'll cite DOGE as an example . I was recommended to add it to Your portfolio, many traders laughed at me, said that it was a dead coin.
What happens today?
My private messages are bursting with questions "Still have good opportunity to buy Doge?"
NO GUYS! Forget about it!🙅♀️
💡 News noise and the work of marketers is bad for young investors to make the right decisions!!!Be careful!
There are many more coins that are at the bottom and that no one talks about, look for them and add them to your portfolio!
If You have any questions, write me in the comments😍
BTW, I sell my BTC today and I feel free and happy🤣
Stay with me ♥️
Your Rocket Bomb🚀💣
Bitcoin & Rocket Bomb's view 🧐Hello, friends! That's my new update on Bitcoin price movement 🚀💣
You know, that I wanna sell my last part of long term holdings at 38 000 - 38 500, but the price didn't come to my sell order a little, and below I was too greedy🤦🏼♀️
I hope, that there will be an opportunity to sell at 35-36k - this should be done by those, who want to sleep well and fix profit💪
I have monitored the market for similar movements in past years, when a lot of traders began to sell Bitcoin (in the area in which we are now) and drove the price very low. (I try to make post with comparison today for YOU♥️)
Now the price is forming a rising wedge (some of You may see a bearish flag), so we may see the price around 28k soon.
Then the price can accumulate for some time, and then the most interesting thing will happen. Either a quick bounce (up to 40k) or fall below. Also possible more optimistic scenario, that we will rise up to 60k+ (IMHO it's unlikely)
💪Stay strong . Be ready to languish for a very long time ....
But we can still work in the short term. As I said in my last month posts😊
My previous charts 👇
Possible dependence of LTC and ETH on BTC🚀💣Hello dear traders!♥️ Today, Bitcoin has fallen sharply in price (many of you asked “is it worth selling Bitcoin?” My answer is, “Definitely not!” When you see many red candles in a row, the main rule is - keep calm or close your computer and go on air, in case of emergency, do 100 squats🤣 🤣🤣
The moments when you feel bad, just think that everything will be fine soon!
On the chart, I tried to show the current situation for Bitcoin and Ethereum and Litecoin, respectively.
On the left of the Bitcoin chart, you can see, that we are already coming to the end of the triangle, the exit will most likely happen before the end of the week.
During this time, I think Litecoin and Ethereum should start moving up, while Bitcoin will reduce its volatility.
Today's dump is inside a symmetrical triangle😉.(Thank God, I didn't look at the price at this time I forced myself to leave my home, I wouldn't have done it, if not my relatives, who would have to be picked up from the airport 🤣🤣🤣
Yes - yes, I'm also sometimes weak-willed, but I struggle with myself🤣🤣🤣)
Stay safe and optimistic🙏🏻
I try to be helpful for You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Bitcoin & Rocket Bomb's view 18.01.2021🚀💣Hello, dear traders! That's my new Bitcoin update for 01/18/2021.😊
A huge request for those, who don't like me, who experience personal negativity towards me, refrain from insulting and caustic comments! Let's respect each other🙏
Remember, that I'm just expressing MY personal opinion on MY personal page.
ow to the point.😉 At the moment, the bearish dominance reigns in the market! Whether the bears will manage to take over the market completely, we'll find out in the next 2-3 weeks! In the meantime, I'll fixed the remains of Bitcoin and wait for a slow, unhurried movement inside the large triangle.
The altcoin season, I think, will also open very soon. While Bitcoin is slowly moving along a downtrend (volatility has decreased markedly, you may noticed this), Altcoins vs Bitcoin will begin to move , thereby pulling Altcoin vs Dollar.
Of course, I always have a plan B. You know that lately I have been more focused on short-term deals. Thus, no one takes away from us the opportunity to trade Bitcoin if the bull run continues😉
Just remind you mu yesterday's chart👇
What's Your plan on Bitcoin? Did You stay Bullish or return into Bear?
Share your vision with me♥️
Stay safe and profitable🙏🏻
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Bitcoin & Rocket Bomb's view on 16.01.2021🚀💣Hello, dear friends!♥️
Bitcoin's price movement forms a symmetrical triangle. We can see it on two timeframes - on the daily (left) and hourly (right).
We know, that symmetrical triangle is a figure of uncertainty, that's why it's very dangerous. Especially when the price of Bitcoin is very high.
But knowing certain rules, we'll be able to assess the side of the price movement with a higher probability.
🔺a triangle is considered reliable and indicates a high probability of the continuation of the trend, if the trend lasted for at least several weeks before its formation;
🔺to build this figure, at least four points are needed - two for the resistance line, two more for support (a more reliable triangle is formed by six points - three for the top line, and three for the bottom);
🔺as the triangle forms and the range narrows, the trading volume should decrease;
🔺the approximate purpose of price movement is usually determined by the width of the triangle.
📌Traders should be very careful when working with a triangle, especially with a symmetrical. Each time when such a figure is forming, two likely scenarios of price movement should be taken into attention.
Let's take a look how it worked on previous analysis 🧐
Stay safe and optimistic🙏🏻
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
BITCOIN: the END of BULL RUN by Rocket Bomb 🚀💣Hi, guys! You know, for a long time I sleep very badly! I feel a huge responsibility for each of You!
Now It's midnight on my watch, but I'm obliged to publish this post. That's not a horror story, that's a reason to think carefully!
Many of You know, that I have been trading Bitcoin since 2017 - and the beginning of 2018 made me practically “bankrupt”, because I didn't believe, that the growth was over.
Much has changed since then, I have learned a lot, and this spring created a TV page and I met You. I'm incredibly grateful to everyone of YOU. And I try to do my best for You!Each of My posts was created with love and respect for my followers!♥️
With this post, I wanna warn about a POSSIBLE trend reversal, so those who follow me, could fix profits ON TIME!!!!
I'm planning to sell the remaining Bitcoin in the range of 38,000 - 38,500! And I advise everyone to do it.
Guys, I really wanna be wrong, but wise Ukrainians say "a tit in the hands is better than a crane in the sky"!
If the bullish trend recovers, we'll find many opportunities for trading, but for now it's better to keep what we already have!
Stay safe and optimistic🙏🏻
I try to be useful to You🧡
Always sincerely with You😊
Your Rocket Bomb🚀💣
Possible rise up to 38kHello, friends! Just quick overview on Bitcoin price movement!
IMHO, the price formed typical Bitcoin's bullish pattern 😉 But on the chart we can see a triangle on bearish trend, that can confuse many traders!
So, let's see how it goes.
I'm waiting for possible sideways, because many alts stay not active, that way it can growth a little.
Thank you for staying with me🧡
Sincerely Yours Rocket Bomb🚀💣
BITCOIN 🤯Is it real H&S pattern?🧐Hi, today I received a lot of questions about the formation of the <> pattern on the Bitcoin price movement.
Guys, I understand, that the market is in a state of correction now, and seeing this pattern makes you nervous.
But let's try to figure out what may await us in the near future.
On the left side of my chart, you see the current situation. If the price breaks the neckline, only after that you can go into short position. IMHO, ONLY after breakdown 28 k we'll can talk about a trend reversal and worry about the subsequent dominance of bears in the market.
To be honest, I don't think this will happen. This can't be denied, but in my opinion it's unlikely.But who knows...
On the right side, you can see several similar movements in Bitcoin when the price WOULD LIKE to form this pattern, but the neckline was not broken and prices moved up.
DON'T TRY TO OUTSTIP THE MARKET! It will bring you only losses!
I know, that many guys have made tutorial posts on <>, I don't know if You need another one from me.
If you need it, let me know about it in the comments😚
I try to do my best for you, my dears😘
Stay with me😊
Your Rocket Bomb🚀💣
New Bitcoin's update 🚀💣Hello, dear traders! Let's continue our Bitcoin's trading journey!
So far, ONLY short-term deals! Why?
It's safer this way!
Here is our long-awaited correction !!!💪 That's why I pray You day-by day <>🙏
We have already corrected by 20%.
We can notice, that we're currently seeing a downtrend dominating on the hourly chart.
The price, touching the downtrend line, bounces off it and continues to fall.
How long will the correction last?
I think that we are unlikely to go below 29,500.
Don't miss the opportunity to buy at a great price. But don't forget, that greed is the enemy of any trader.
My previous recommendations 👇
Stay with me forever💋
Thank you for staying with me🧡
Sincerely Yours Rocket Bomb🚀💣
Bitcoin, Litecoin & Ethereum🚀💣Hello! Everyone is interested, when the correction will end and what will happen next.
IMHO, that the price is unlikely to go below the indicated levels (green zones) on the Bitcoin, Litecoin and Ethereum charts, respectively.
Correction is not a reason to panic and fix losses, on the contrary, it's an opportunity to buy cheaper and sell more expensive, receiving a larger percentage of profit.
As Bitcoin's dominance declines, I think there will soon be a great opportunity for altcoins, who have long been stuck gaining momentum!
In the end of Bitcoin correction, we're waiting for a temporary sideways movement, a decrease in volatility, which will make it possible to get profits from altcoins.
Have you bought altions? If so, which ones?
Share with me in the comments
Thanks for attention😍
Glad to be useful for you😊
Your Rocket Bomb🚀💣