ICON
BTC ICX LONG OPORTUNITYIn this chart we can see the first falling wedge which is started at 29 jan 2018 until 12 march 2018 after we can see a massive 140.8% potentialy gains in 6 weeks but the price can t be pushed up and are started the second falling wedge which means a price decrease of -85.26% and now is situated into a huge support and also is in accumulation PHASE.Usualy a coin will test 0.618 fibonaci level which is 5935 sats in this chart and can be a potentialy 537.36% GAINS. In my opinion this can be a good coin for long term and i will add it in my portfolio.
We have mixed signals: Bullish-MACD bull cross and stoch bull cross
Bearish RSI because it s below 40
IF BTC make a breakdown buy it in BOTTOM..this can be an awesome oportunity !
ICX/BTC Looking for fuel to take offIf we take the fib from the last major high and low on the 1H timeframe we can see that ICX has retraced right around 0.705 level which is ideal AND touched that 1H gray bullish breaker.
Also a good sign is that it's been making higher lows on the 4H and Daily timeframes.
Only thing that worries me right now is that green pivot level which we have fallen through and is now holding the price, so options would be:
1) aggressive entry right now and pray with your grandma that it breaks the green level
2) wait for the break of the green level and enter on a retest of it as support, this gives you better chance to win + better risk/reward ratio
Targets are red levels , around each previous local high, and stoploss for me would be below the previous low OR below the gray breaker outlined, depending on how wide I can tolerate it.
If it comes back to the breaker and starts making lower highs like that orange path, it would be a sign that it wants to break down further.
$ICX, BANG...
Weekly
Looking at our trend timeframe we see price continuing to respect behavior with no signs of reversal. Support found at 1000 price now looking to test resistance 1500. Stochastic RSI showing momentum in favor of bulls, will watch smaller timeframe for entry.
Daily
Shifting over to our pattern timeframe we see price respecting it’s consolidation zone from 1000 to 1100. Stochastic RSI showing momentum is in favor of the bulls, however we are seeing a shift in momentum. A daily close above 1100 activates our trade, a daily close below 1000 and expect another sell off.
ICX/BTC, in the starting blocksHi guys !
ICX looks really on fire to start a bullrun. Since August, higher low was formed and an uptrend is formatting too.
Now, we are at the 1100 sats, and in the next hours, we'll see if the price will break this resistance.
If yes, the price should pump toward 1370 sats before a correction to the next resistance.
Let's see if that's happened !
Thanks for your time guys !
There is a possibility for the beginning of an uptrend in ICXBTCTechnical analysis:
. ICON/BITCOIN is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 54.
. The price downtrend in the daily chart is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. Price is in the support zone (0.0001130 to 0.0000770), traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
Beginning of entry zone (0.0001130)
Ending of entry zone (0.0000770)
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:
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TP1= @ 0.0001460
TP2= @ 0.0002060
TP3= @ 0.0002350
TP4= @ 0.0002640
TP5= @ 0.0003790
TP6= @ 0.0004720
TP7= @ 0.0005660
TP8= @ 0.0006990
TP9= @ 0.0008680
TP10= Free
ICX Looking Primed for a BREAKOUT, Potential 35% MoveBINANCE:ICXBTC is currently testing a key resistance level and is looking fairly strong, along with many other altcoins.
A healthy pullback and confirmation of a support/resistance flip around 1066 would present a nice opportunity to get long.
1200 and 1450 would be nice levels to take some profit.
ICX/BTC NEW Hamstersless trend The beNice team thanks you for reading us!
The cryptocurrency market gives light to almost all ICO today. Coins release by packs every day.. Often listing is given for nothing. As a last resort, after primary treatment of penny in the wallet under this case will always be in a purse.
The ICON project was released at the ICO on September 21, 2017.
What makes the project unique:
- Soon ICON will open a platform for developers to conduct projects based on ICON, as it happens with other similar blockchain projects, such as Etherium, Neo, EOS.
- The project is going to open local institutes of computer engineering for involvement of developers. So they will be able to evolve developers in writing of smart contracts.
- The project is officially supported by the government of South Korea and is preparing for the implementation of a number of state and industry structures. Avoiding paperwork, ICON makes possible transactions between blockchains unlike at each other.
- Expansion is planned outside Korea, for which relations with partners of the English-speaking world are being established.
From shortcomings it is possible to note that the project can face a possibility of expansion because of small communication outside the region. In addition, dependence on the country's policy adds a portion of rice in a risky Bank.
The blockchain at an early stage of development.And last year's take-off with the subsequent peak paid the market a knockdown. But some projects, meanwhile, do not stand still. For example, judging by the team, the number of employees involved in this project in 2018 increased from 40 to 110.
Possibly, many projects until the end of the year will go out and partly will turn into fuel for growth, without having waited for new rise of the market.The icon is supported by the government, which acts as a shield, which means that the lottery participant is not ready to lose a piece of cake. It should be noted that in the community of South Korea there are rumors about the prospects of even greater loyalty of the Korean authorities to the world of the blockchain industry
The main thing that there was no rain and this gunpowder didn't wash away the 5th wave of the rider of the Apocalypse Elliot in an abyss.
By the way, the technical picture.
It is obvious that the consolidation period expires in early September. Probably, the overbought at the moment will not subside, and the price of the token will go to the corrective goals of 0.0002687 and may decide to fulfill the desire of the wise grandfather Holder of the cherished 0.0004683.
If to consider this token on a matropattern, movement from 50 periodny to 200 periodny MA matches the first launched purpose that can serve as the good trigger to a new impulse.
Recommendation: go long level 0.0001283. Targets 0.0002687 (1.), 0,0004683 (2.)
The risk per trade is the maximum. Support level will be at least 0.0000751 year. In case of breakdown of this level, we will wait for the fixation above it and add a position.
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ICXBTC Buy SignalICXBTC Has a big catalyst coming up, which includes a main net swap + token burn + staking!!! 3 big events all in 1. Even if it doesn't do a parabolic rally, if this is the beginning of another altcoin spring then just HODLing the coins for staking would bring in the passive income that many investors look for, and with altcoins rallying over time that income will grow exponentially.
Definitely a good buy.
$ICX : Yellow Paper + Technical Triangle --> To The Moon ...ICX technical configuration :
- Higher Lows
- Ascending Triangle with uptrend support / EMA resistance
- Long accumulation phase
Environment :
- Token Swap will finish end of october
- Political context in Korean seems great
- Opening a desk in Frisco, USA
Waiting for Breakout
Could be brutal with Yellow Paper Part 3 coming soon