ICX/BTC - education for begginers with real-time example
Updated
Hello my friends !
This education lesson is more for beginners, as I am too.
Many new people have no clue about analysis, as begining. I did same mistake.
ICX , or ICON now reach strong support at 4h timeframe. Its decide-point, which direction will continue. I like to share my approch.
Usually, I just change chart to smaller timeframe ( here are2 hours candles ) for more detail look. Also bollinger bands is very easy use tool for better buy/sell. STOCH/ RSI at the bottom of chart indicate, if market is OVERBUY/OVERSELL. Lines needs to cross for change.
Every market has levels with strong buy/sell points. At this spots are situated big buy/sell orders. There are call support and resistance lines & we waiting for buy/sell oportunity near this levels. I want to notice, very often candle not reach this levels properly. Buy/sell orders people likely sets little lower or higher to be sure, order will be filed : )
At this chart, Im now draw resistence, only supports. Resistence repressent upper line in bollinger bands.
ICX is now in good example, and you can watch, how it works, without investing your real money.
Also, you need to study basic patterns like SUPPORT & RESISTANCE levels, Fibonacchi, how to use indicators , by your own. Sure, you need to train patience. Never make decision under emotions .
I will glad, if you leave comment or question below : )
*This is for education purposes only !
As all of my analysis.
This education lesson is more for beginners, as I am too.
Many new people have no clue about analysis, as begining. I did same mistake.
ICX , or ICON now reach strong support at 4h timeframe. Its decide-point, which direction will continue. I like to share my approch.
Usually, I just change chart to smaller timeframe ( here are2 hours candles ) for more detail look. Also bollinger bands is very easy use tool for better buy/sell. STOCH/ RSI at the bottom of chart indicate, if market is OVERBUY/OVERSELL. Lines needs to cross for change.
Every market has levels with strong buy/sell points. At this spots are situated big buy/sell orders. There are call support and resistance lines & we waiting for buy/sell oportunity near this levels. I want to notice, very often candle not reach this levels properly. Buy/sell orders people likely sets little lower or higher to be sure, order will be filed : )
At this chart, Im now draw resistence, only supports. Resistence repressent upper line in bollinger bands.
ICX is now in good example, and you can watch, how it works, without investing your real money.
Also, you need to study basic patterns like SUPPORT & RESISTANCE levels, Fibonacchi, how to use indicators , by your own. Sure, you need to train patience. Never make decision under emotions .
I will glad, if you leave comment or question below : )
*This is for education purposes only !
As all of my analysis.
Note
ICX still needs about 3,5% to reach support green line. Its good to watching 4 and 2 hour timeframes for better view. Always counts only CLOSED CANDLES ! If ICX makes a reversal point upwards, you need to next candle to be green , strong and closed, at least at 2 hours chart. But better is 4h candle.
*This is for education purposes only !
As all of my analysis.
Note
ICX forming smaller support near our.Note
ICX probably touch yellow line and jump back, or breaks lower. Its important to wach where 4h candle will be closed and next candle continue : )
Note
Now ICX touch yellow line and my prediction looks exactly perfect :DNote
ICX testing yellow support.Note
ICX still between yellow and green dashed lines.
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