Bitcoin BTC Jan 29 Afternoon Update - The Squeeze is Real
No Decisive Trend Until This Symmetric Triangle Squeeze Is Broken. PATIENCE IS KEY
We see a symmetric triangle form over the past 20 days and there will be no decisive trend until this is broken. I highly advise caution and bigger plays to be made once confirmation of trend is confirmed. Any statement on a trend direction currently would be a wild guess, therefore it is up to us as traders to exercise caution and wait for better opportunities with less 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 - 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
If you enjoyed this video, please like, subscribe, follow, share, upvote, or donate to Luna!
Luna's personal bitfinex account:
BTC address: 1PruhmsYXU2gPkNw574xZSMyBG4YW5Wnq9
Ethereum: 0x2538b728f9682fc1dc2e7db8129730f661753850
LTC: LPeaZpGiF3XdCw5XPN7LXztDagTEZAMgYd
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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.
Thanks for all your insight! I am learning so much about crypto from your videos!
Thanks a lot for your one more insightful video.
Philakone,
I've been following you since November. I love your TA.
The time you spend doing the TA and explaining things helps me make better decisions , all the while wading through the rough times we've had for the past month or so.
Keep at it.
Dave
I'm learning TA, but what I see is something like this.
A triangle within a triangle in a wedge within a wedge and the yellow circle is basically where everything meets and the world implodes, it's where we enter a new cosmos
As always, I wait till my day job is done to run home and watch your videos!
DO NOT IGNORE THIS COMMENT !! EYE
Hello nice to meet you! I wanted to ask for your support to donate: Diapers, MILK, medicines to families, especially newborn children, who do not have the money to buy your contribution, just vote or with a retest, it's enough thanks.
here the link more plicado
https://steemit.com/help/@jesusj1/collecting-funds-for-pregnant-women-and-their-children-read-to-know-why-your-support-is-valuable-please-help
I'm glad you got the Steemit account all sorted out!
Thanks Phil! Waitin the dip! Xoxo
<3
Thank you and upvoted. BTW, I assumed your name what’s Phil but saw on twitter maybe it is not? Appreciate you sharing your knowledge 👏👏👏