The Lycaste orchid genus, similarly to its relative Anguloa, likes intermediate-to-bright light, intermediate-to-cool temperatures, and high humidity. The flowers look rather different, though; they are more-or-less triangular in shape because the sepals point outward while the petals point forward. These orchids are very fun to grow, and will thrive if you get their care right.

Many neotropical orchids are pollinated by male orchid bees, which visit the flowers to gather volatile chemicals they require to synthesize pheromonal attractants. Males of such species as Euglossa imperialis or Eulaema meriana have been observed to leave their territories periodically to forage for aromatic compounds, such as cineole, to synthesize pheromone for attracting and mating with females.[10][11] Each type of orchid places the pollinia on a different body part of a different species of bee, so as to enforce proper cross-pollination.

If you just want a quick way to water your orchid without having to transplant the orchid, you can use the ice cube method. Put the equivalent of 1/4 cup (59 ml) of frozen water (usually about three medium ice cubes) on top of the potting mix. Make sure that the ice never comes in contact with the orchid itself - it should only touch the soil. Let the ice cubes melt into the pot. Wait about a week before you do it again. This method is not optimal for the long-term health of the orchid, so only use it as a temporary solution.[2]
With the different orchid types, it’s important to master the watering schedule. If orchids have pseudobulbs, enlarged stem structures that store water, the orchid potting mix can dry out a little between waterings. Orchid species that are epiphytes and grow on tree branches in tropical rainforests are adapted to receiving water from daily rain, so they need more frequent watering.  
Orchids of all types have also often been sought by collectors of both species and hybrids. Many hundreds of societies and clubs worldwide have been established. These can be small, local clubs, or larger, national organisations such as the American Orchid Society. Both serve to encourage cultivation and collection of orchids, but some go further by concentrating on conservation or research.
The potting mixture, or growing medium, for a phalaenopsis orchid should be good at both absorbing water and providing airflow to the roots of the plant. Therefore, consider using media such as tree bark, coconut coir, clay pellets, perlite, pumice pebbles, and sphagnum moss, either on their own or blended together. If you live in a humid climate, choose a courser potting mixture that dries quickly and provides the best drainage. On the other hand, those who live in a dry climate should use a finer medium that will dry more slowly and hold more moisture.
The medial petal, called the labellum or lip (6), which is always modified and enlarged, is actually the upper medial petal; however, as the flower develops, the inferior ovary (7) or the pedicel usually rotates 180°, so that the labellum arrives at the lower part of the flower, thus becoming suitable to form a platform for pollinators. This characteristic, called resupination, occurs primitively in the family and is considered apomorphic, a derived characteristic all Orchidaceae share. The torsion of the ovary is very evident from the longitudinal section shown (below right). Some orchids have secondarily lost this resupination, e.g. Epidendrum secundum.

I wish I could tell you exactly how often to water your phalaenopsis orchids and how much water to give them and be done with this post. Unfortunately, there is no one size fits all answer. When it comes to watering any plants there are lots of factors to consider that’ll make the amounts and regularity vary. I’ll go over all those factors so you can see what will be the best for your own situation.