Goodmorning Folks,
Today we have ICON or ICX on the menu.. This was one of my 1st bought crypto back in the days.. made a nice profit on it..
In my opinion you see nice primair trends on this chart --> the bigger picture..
The amplitude in the trend gets smaller (the waves) so what are the odds when we begin a next wave that it will get higher than previous ?
I learned 1 big lesson out of many from mister AL BROOKS but never forget this one.
What do markets move? That is context and momentum..
Context is simply looking to all the bars on your left to see the probability of what might happen on your right (bars in the near future)
and momentum..
Markets tend to have inertia and that means it will do for 80% of the time what it has been doing.
My strategy is having a little patience for the price 0,62-0,63 and i will buy in (aggressive trader).
If you are more conservative than you might have to wait for confirmation around that price..
feel free to comment below and hit the like for more to follow.