ICX ICON - Jan 31 Technical Analysis - Patterns stays true, But Summit Disappoints Holders
WITHOUT RISK, THERE IS NO POSSIBILITY OF REWARD
We see a major disappointment at the Summit as the price drops 20%. Though we see the pattern holding true and a possible ABCDE correction now is my alternate count. I have personally filled my orders at 72,000 Satoshi because I believe that without risk, there's no possibility of reward. There are no guaranteed trades, only trades where we risk our money to potentially profit. We must understand this as traders and leave the mindset of, "I must win every trade," which is guaranteed to be a losing mentality.
Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders
Please consider these videos:
Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory
Lesson 14 - Using a Basic Excel Tracker for Risk Management
Lesson 15 - Tutorial Part 15 Automatic Stop Sell/Buy Executions
Twitter - https://twitter.com/PhilakoneCrypto
Youtube - https://www.youtube.com/user/philakone1
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Luna's personal bitfinex account:
BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
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The ultimate goal is to help the crypto community because I think there's a lack of these type of videos. I want to share everything I've learned because knowledge is only power if passed on. These are educational videos intended to teach how to think through thought-out rationalization.
DISCLAIMER:
Legal stuff here. I'm not financial advisor. This is just my opinion that I'm sharing with the community. All information is for yours to process how you wish.
Could you please help with LUN, LRC, and ARK. Thank you :)
who is this?
It's the voice of Haejin. Don't know why he is on here. But also another great TA guy.
I didn't think I was on one the correct page, thanks good to know.
now it works!
Glitch in the matrix for sure.
Jennifer Lawrence. Hi.
really weird video. i gotta update it again sorry.
I love Jennifer lawerance too <3
hi philakonecrypto! i'm learning with books and tutos of you and haejin, i'm really gratefull that people like you take time to 'educate or guide' noobs in this matter! i think that in the last month i've learned the same quantity as i did in school many years ago :) i wanted to ask if it would be possible to get in contact with you for some questions or charts revisions... ?? just a question... i guess you do have other things to do, but hey i'm eager to learn and want to get to bottom of this...
thx, good day/afternoon/evening, depending on where you are in this world :)
Hi @philakonecrypto !!! My Dad watches your vids and he saw your recommendation for starting a pet blog on one of your videos!!! So here I am and wanted to thank you myself - Romeo
Two quick q's: 1) did you remove the stop-loss on your first entry when you decided to take profits on 50% of the $? I thought your first stop-loss was around 78,000 which would have been stopped during the dip. 2) would you consider the crossing of the upper trendline at D a bull-trap (on the daily) or just a failure to keep support? We had three candles close above. Just curious. Thanks, LOVE these videos. And Luna. And JL, but she's yours.