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ICN

There is a possibility for the beginning of an uptrend in ICNETHTechnical analysis: . ICN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.001600 to 0.001100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.001600) Ending of entry zone (0.001100) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.002500 TP2= @ 0.003540 TP3= @ 0.004380 TP4= @ 0.005040 TP5= @ 0.006270 TP6= @ 0.007480 TP7= @ 0.009220 TP8= @ 0.011430 TP9= @ 0.00 TP10= Free
ILong
by ForecastCity
There is a possibility for the beginning of an uptrend in ICNETHTechnical analysis: . ICN/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 44. Trading suggestion: . There is a possibility of temporary retracement to suggested support zone (0.001600 to 0.001100). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (0.001600) Ending of entry zone (0.001100) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 0.002500 TP2= @ 0.003540 TP3= @ 0.004380 TP4= @ 0.005040 TP5= @ 0.006270 TP6= @ 0.007480 TP7= @ 0.009220 TP8= @ 0.011430 TP9= @ 0.00 TP10= Free
ILong
by ForecastCity
1
Iconomy VS Bitcoin Descending ChannelSince the end of April, Iconomy has been consistently losing to Bitcoin. Price went down from 18k to 5.5k satoshi in just three months, with a drop of nearly 70%. On the 31st of July, ICN/BTC has formed the low at 5.5k level where it rejected the lower trendline of the descending channel. The trend is still heavily bearish, but based on the past price action, a correctional wave up might continue. However, the probability of yet another move lower remains very high, and ICN cold test the 5k or even 4k psychological support levels before having a strong corretion upwards. It is important to watch these psychological support levels for the potential buying opportunity if the support is rejected. In this case price might go up to the 11k satoshis area, where previous strong resistance has been established. Break and close above 11.3k satoshis could be the confirmation of the stronger wave up and even result in a medium term uptrend.
I
by CryptoPAMM
Iconomy Buy Trade SetupIconomy currently stuck between the support and resistance levels. the support is at 78.6% Fibonacci retracement level, that is $0.87. The resistance is being the point of breakout of the descending channel, that is $1 psychological price. In order for ICN/USD to start moving higher, a close above $1 is required. When/if that occurs, price should continue going up reaching on of the resistance levels. The fist resistance is at $1.3, that is 50% Fibs. Second resistance is at 23.6% Fibs applied through the all time high, that is $1.75. And final, key resistance, that could be considered as an upside target is located at $2.4 area, and confirmed by two Fibonacci retracement levels. Price might continue to consolidate between $1 and $0.87 for a little while, but if it breaks and closes below the $0.84, the downtrend could start dominating sending ICN down to the $0.64 support area.
ILong
by CryptoPAMM
1
Want A Profit? Here is your well overdue Delivery!Ready for lift off, ICN is just starting to pick up some major momentum for some MASSIVE profits. Here we can expect a very nice return, one that should be collected over as little as a few days. Now you will see the macd is just crossing and on the 4H doesn't show an abundance of room for growth however on the daily we look great. The coin price is low and not far above its initial bounce point from the coin release, this allows us to have a well priced coin that is yet to see any serious attention. The daily chart is just about to close over the 50EMA this will provide us strong support, you will also see on the volume indicators that just over the past 24 hours volume is creeping back in. This is good. Momentum is there you will see the RSI running nice the Chaikin indicator support MACD momentum these are all bullish signals. The only thing that this coin is missing is volume but since that is creeping back now we will hit a breaking point and this is why I have just opened up a position now. I suggest still running a stop on or below the black line, however we can enter and enjoy the ride knowingly we are buying at a price close to this coins lows allowing for plenty of room for growth. Cash Is King!
ILong
by Cash-is-King
7
Iconomi (ICN) - long term bull initiatingI usually don't publish charts publicly, but this one is something special. ups: - one of the rare with working platform - price to book ratio 0.74 @0.00021 btc - fiat gateway coming soon - utility functions to be announced in the middle of March - great, dedicated team - millions flowing into DAAs cons: - little or no communication from the team (this one might as well count as an UP) disclaimer: I support Iconomi and hodl ICN from the ICO times. I believe, this project will be one of the most prominent in crypto space. This is not a financial advice. Hodl, don't trade.
ILong
by hodl
2