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ICON

ICXBTC Cup&Handle and Descending wedge breakoutICX has been oversold for a long time, the indicators show a high rebound probability. On a 30-minutes timeframe there is a bullish reverse indicators and cup&handle formation which is going to be finished soon. On a 1-day scale, you can see the formation of a descending wedge, a pattern indicating the end of a downtrend and the possibility of breaking through resistance via a strong bounce which opens a way for further growth. From current levels, we can jump to the resistance, which is marked on the chart. This will finish the pattern and will indicate a bullish breakout from the long term descending channel. When this happens a regular correction will occur and we will start a swing trade strategy. Once the price consolidates around Fib 0.618 - Fib 0.5, it will be possible to open long position according to the rest targets which are in the Premium channel. We remind you that under the current state of the global crypto market, each position carries a high level of risks. Although this trade recommendation has low risk according to our classification scheme, do not follow emotions and "animal spirit", open only the position you are able to manage and track, use a stop loss. If the market goes below support, then the correct decision will be selling on the rebound and then buy again at lower levels, this will provide an opportunity to sell at previous entry order with profit. Be careful and keep tracking BTC and your opened alt positions.
Long
by Skyrexio
4
ICXBTC: What do you think all?Hi All, Icon ICX Analysis: Using a Swing Trader Mentality. Uptrend to 0.0002326 or Downtrend to 0.0001800... 60/40 split: Reversal to Target#1 0.0002336 & Target#2 0.0002790 ICXBTC has broken its Solid Support @ 0.0002056, Freefall to ICXBTC : DownTrend... Traders are risk managers and should preserve our capital... I'm a firm believer in the ICXBTC project and these are great entry prices... This is not Financial advice... Always have a checklist before entering any trade: Long or Short... 1. The Trade setup 2. The Entry 3. Initial Stop Loss 4. Exit and Trailing Stop 5. Capital size willing to risk No Objectivity or Emotions when trading... There are only three trend which could occur within any market... Individual Traders focus too much on trend-line... Instead of the overall trend in conjunction with the market sentiment... What I look for before entering any trade: Uptrend: Higher highs and Higher lows Downtrend: Lower highs and lower lows No Trend: Horizontal or sideway pattern Keep in Mind when trading: Not to be greedy: Use Trailing Stop Loss... 3-5 Bar Declines: it's an indicator to - Buy 3-5 Bar Increase: it's an indicator to - Sell Don't forget why you got into the crypto sphere... Only Buy Pull Backs in projects you believe in for the next 5yrs: Long... Majority of investors are going to sell when they break even: Short... I firmly believe ICXBTC will make higher high on it's all time high... Hope this chart was helpful to you all. If you all have questions feel free to ask or comment in the comment section below. Be sure to Follow me and like this post if it was helpful, and thank you all... Like the Phoenix we will rise from the ashes... Happy trading People...
Long
by letsgetit
6
ICON vs Bitcoin Slowly Moving UpICON seem to have found the bottom at btc 0.0002 area. Since 14th of June price has been slowly but steadily moving upwards, producing higher highs and higher lows. While rising, on a correctional wave down ICX/BTC rejected the 2/1 Gann Fan trendline along with the 50% Fibonacci retracement level at btc 0.000215. Icon has approached the 200 Moving Average, but failed to reach it. It is highly likely that on the next wave up, the Moving Average will be reached, the question is whether it will be broken or rejected. If broken ICX should continue going higher towards either 61.8% or 76.4% Fibonacci retracement level. But, if Moving Average will be rejected, Icon might correct down, perhaps to test the btc 0.000215 support yet again.
Long
by CryptoPAMM
1
ICON, an enormous growth potential!ICON looks more and more promising, in addition to its positive fundamentals in the weeks and months to come, ICON has a technical configuration that could allow for good growth. Arrived on its support at 0.00023, ICON shows signs of accumulation and reinforcement. The bevels could be broken soon, leaving first of all a growth on the long-term resistance (+/- 0,00032), and in case of rupture, allowing to reach levels higher than 0,00038 and 0,0005 MACD confirms a buying situation, confirmed by a very nice WaveTrend signal. The bevel break could also start a Donchian signal. ICX is clearly one of the values with potential on the market.
Long
by Ben_4C
4
ICX Pull back continues!Hello Dear followers, It seems like the pullback is still not over and we are heading for one more double bottom formation in icxbtc pricaction. We believe green box is a good entry point, and below that we do not have any support zones since the coin entrance in binance. ICX - Upcoming Events 30 June 2018 ICX/ETH Decentralized exchange Validation: 1085/1137 01 July 2018 Blockchain conference in Seoul, South Korea, on July 1st and 2nd. Validation: 281/291 03 August 2018 "The inaugural edition on the 3rd and 4th of August will take place in Hyderabad, Telengana’s Thriving IT and Tech hub..." Validation: 30/34 Cryptocholics out, peace out!
Short
by KaptanFantastik
1
ICONic Divergence for ICX in RSI MACD StochIm playing an RSI divergence trade which has been working really well lately. For more on this RSI strategy, please see the related link below... RSI and crypto trading. Entry at 1.63 Stop at 1.41 Target at 2.16 OR whichever happens first, the price when RSI reaches 60, OR the 100 MA. If target approaches, and I can catch it, I will move stop trail it instead of exiting exactly at 2.16. While I know the risk, the target can fluctuate on these counter trend RSI trades. This trade, if correct, will net about 2.4R questions or comments, let me know. likes are appreciated. Travis JMJ - UIOGD
BINANCE:ICXUSDLong
by Procinctu
2
ICON – Next generation blockchain – 500% Possible EarningsSo Guys, we have today for you another interesting project. This project has Koreanian roots. It resembles a bit ONT. They aim to create global network of many blockchains, both private and public to cooperate with each other. By saying this they mean connecting different institutions such as banks, insurance companies, hospitals and universities. They also aim to create digitial, safe identity in order to enable individual to move smoothly in such diversed ecosystem. Example: You had a car accident. You were hospitalized for 3 days. You want to claim to the insurance company. All your sensitive data are stored on blockchain – only you have access to them including all medical data. You give access to them to your doctor in order to write the whole history of the treatment. OK what next? You give temporary access to treatment history to that insurance company. They check compliance. They approve. Once approved you will get your money automatically. It can be ex. 2000 ICON which can be spent on other services in the ecosystem or they can be simply withdrawn. A transparent governance system and artificial intelligence (AI) guided incentive system is at the core of ICON’s sustainable network. Through the mutual trust earned with their system, C-Reps and Nodes will actively contribute to the ICON community. These are the basics regarding idea of this enterprise. We personally find it very interesting because this is totally new point of view. They of course provide smart contracts and real-time payments. They will make us possible to start with ICO. They will also launch on 30.06 decentralized exchange. They managed to built large team – 60 persons including engineers and advisors. They have a 5 divisions: Advisors, Foundation Council, Technology, Business, AI Department, Design/Communication/Security. They are listed on many exchanges such as Binance, OKEX, Bithumb. Getting back to the chart: We are very low at the Fibonacci scale (Fib. extention) We bounced off many times from the level marked on red – around 3000 satoshi – it is happening right now We observed fully finished Elliot wave cycle. New one is expected. Most probably we have double bottom shape forming which is a bullish signal. MACD positive convergence Weis Wave – a bit of demand has shown up. Awaiting for more. Gann’s fann - crossed 2/1 for a while but another solid crossing needed – observe Fibonacci levels: Target 1 : 0.0004158 Target 2 : 0.0005405 Target 3 : 0.0006413 Target 4 : 0.0007420 Target 5 : 0.0008855 Target 6 : 0.0010682 (ATH) Target 7 : 0.0015960 (new ATH) Stop – loss: 0.0002143 Guys what do you think of such projects? Please do comment, share your thought and don't forget to follow us in order not to miss the update. Hugs! WBM Team
Long
by WBM_Team
6