ICX (ICON) going for last wave It seems like ICS is showing us a nice elliot wave. We see a nice retracement during the second wave and followed by a third wave with a factor of 1.6 of the first wave. The fourth wave seems to come to an end. If the last wave is comparable to first wave we get a nice prediction. Let's see how this develops the coming hours.
ICON
ICXUSDT ANALYSISI have 4 positive signals and ı am bullish at the moment .
It is above the up trend line and support line so that you can join this train
You can sell at the resistance line ($ 0,6542) estimated min. %20 profit
Have a good trade. If you still didn't use the EngineeringRobo please dm me.
ICXBTC should catapult higher!All stars seem aligned for this pair to trade higher. It has broken resistance at 0.00004060 and also the neckline at 0.00004340/45 approximately. That means we have a huge upside potential for this pair in the days to come. The DMI+ has cross above too and that insinuates that the break out has more legs to go! The Head and Shoulder formation's ultimate target is approximately 0.0001010. I did not manage to buy on that break. I am long on retracement around the 0.00004520. So lets go!
Disclaimer: Invest at your own risk!
$ICX : Korean Etherum with great FAICX in a new accumulation range after a first move.
Check supports & resistances
In USD drawing an asending triangle with 0.42 - 0.44 USD before high move
ICX got great fundamentals (Using information from Markus - ICX Team)
- The only Korean blockchain company to receive the Ministry of Science & ICT
- ICON’s breakthrough LFT 2 algorithm was praised by an audit from a top Korean research university
- ICONLOOP’s MyID (DID Blockchain solution) is the only DID solution that’s been approved by Korea’s FSC (SEC equivalent) and currently in use by 70+ entities including Korea’s 4 largest banks and the likes of Samsung Electronics- MyID is one of the strongest potential contenders to replace Korea’s Accredited Certification.
Months of consolidation come down to his moment.Daily completed an Inverse H&S since January highs. Did what looks to be a final shakeout which touched support around 3100 sats followed by a 4hr H&S with another shakeout at 3200 sats. DAily RSI Divergence up and in over sold region. I say up up and away. DYOR. THis is crypto.
ICX Short term - ALT PUMP 100%ICX just flipped bullish, on Chart wise, ICON is VERY bullish, steadily accumulating to the incoming pump.
MACD flipping bullish on D1.
Many features are coming to ICON on these years!!
Will we see ICON back to $13? it is only roughly 40 cents now. An easy X10 to $4.
Icon ICX is the only dominating blockchain project in Korea. They will live forever on this crypto world!
Can ICX break the 45 cents resistance ? - Absolutely!!Can ICX break 45 cents resistance ?
ABSOLUTELY In my opinion. But first we have to breach the overhead resistance which is currently at aprox. 41 cts.
If ICX manages to pass the 2 year long resistance at 43-45 cts and hold it for a couple of days, the price will see a massive spike to 1-2 USD easily within a few weeks.
Thats just my own opinion based on chart analysis, market structure and current sentiment.
Thank you,
Marc
ICXUSDT ANALYSISBased on my analysis, now is not a good time to buy ICX because the candles are between the support line(0.2880) and the resistance line(0.44). Therefore,
If you wanna buy, you should wait,
a) the candles go down at the support line(0.2880), or
b) the candles pass the resistance line(0.44).
However, you have ICX,
you should wait at the resistance line to sell it. Also, you may get help from EngineeringRobo's signals.
ICX.BTC (Y20.P3.E1).Upward pressure building upHi All
Just below the current strong resistance we have a ascending triangle.
Can it break through this without another pullback is the question and risk.
12 HRLY chart, close up
3Day chart, 13 hrs to go, bullish candle so far
MACRO overview
My thoughts:
Based on the RSI, I feel its going to spring up as its above 50% on the bounce, the bullish area and you can see the RSI reflecting the squeeze.
Tell you the truth, I don't know if it requires 1 more bounce in this small range.
With the 2 touches to the top and 2 touches to the bottom complete the ABCD formation with E in the middle.
I think it has a good chance breaking to the upside.
How to trade this?
I want to see how the 12 HRLY candle closes (1 hr left)
Cheers,
S.Sari
Good fundamentals Icon has good fundamental news, the team will release the new update to mainnet on 27 july 2020 ..
On the technical analysis, Icon is now retesting the 38.2% fibo level resistance and it's highly probable that it will be broken ...
Mid term:
Entry point: Between 4300 and 4500
TP1 5567 29%
TP2 6544 52%
TP3 7936 84%
TP4 9709 125%
SL 3379 21%
*Trade on your own risk and make your own analysis*
Good luck.
ICX buying areas Hello Traders,
ICX is correcting after a strong bullish movement, but where to buy? It would be an excellent opportunity to buy if it does back to test the demand area. That was former resistance zones that are support now levels, So we must buy on support regions.
Please push like a button and follow us.
ICX/BTC 1D (Binance) Bullflag about to breakoutTA: Icon is starting to look bullish again, with that alts momentum going on this could pump nicely, and MAs are holding price action.
FA: ICX will be on special sale at -50% next Thursday in The Syndicate of Crypto.com exchange, using CRO. Plus you can Earn up to 14% APR there.
Current Price= 0.00003499
Buy Entry= 0.00003500 - 0.00003238
Take Profit= 0.00004142 | 0.00005035 | 0.00005670
Stop Loss= 0.00002596
Risk/Reward= 1:1 | 1:2.16 | 1:2.98
Expected Profit= 22.94% | 49.45% | 68.30%
Possible Loss= -22.94%
Fib. Retracement= 0.382 | 0.618 | 0.786
Margin Leverage= 1x
Estimated Gain-time= 960h
Icon (ICX) - July 7Hello?
Dear Traders, Nice to meet you.
"Like" is a great power for me.
By "following" you can always get new information quickly.
Thank you for always supporting.
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It is necessary to check if it can rise above the 0.37715000 point around July 9.
I think the point that has a significant significance in the low section is 0.37715000.
If you can sideways a lot of time with support at the 0.37715000 point, a lot of upside is expected in the future.
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** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: Resistance point or section, where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section