BULLISH Ascending Triangle Forming
We see ICX forming an ascending triangle with a trend line support holding. A conservative play is to wait for confirmation above key regions between 8200 and 8685 sat range for a possible 27% gain.
Though understand that a bullish pattern does not always guarantee success and that failure to break up CAN OCCUR. Therefore it is wise to wait for confirmation before entering a position to minimize risk.
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 - Tutorial Part 2 How to Analyze Candlesticks Charts with Strategy
Lesson 3- Let's learn Moving Averages
Lesson 4- Let's Learn Relative Strength Index RSI with Advanced Strategy
Lesson 5 Let's Learn MACD and Histogram
Lesson 6 Let's Learn Margin Trading Long, Short, Leveraging
Lesson 7 Let's Learn Basic Risk Management
Lesson 8 Let's Learn Fibonacci Retracement Part 1
Lesson 9 Let's Learn Fibonacci Extension Part 2
Lesson 10 Let's Learn Laddering
Lesson 11 Let's Learn Time Frames
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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.
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Coins mentioned in post:
you are best TA analyst!
Looking at the ICX/ETH pair, there looks like a lot more sideways consolidation than the BTC pair. I'm not sure how to label the uptrend after the ABCDE (if that's even correct). Have I gone completely wrong?
watch the video again
Just found your channel and I am excite to follow you. I am fairly new to crypto but have done a lot of research the past couple months on it and your TA seem very spot on in most cases. Thanks for all you are doing..